Top European officials are furiously accusing the Joe Biden administration of the US profiting unprecedentedly from Russia’s war in Ukraine at a time when EU countries are suffering. How writes Politico, citing its own sources, such attacks are becoming more frequent: EU dissatisfied with the actions of the White House, which makes money on the […]
Italians and Greeks are the sharpest in assessing the situation: 70% and 68%, respectively, say they are “worried” or “very worried.” One in four Europeans describe their financial situation as precarious. At the same time, 80% of residents of six European countries, including Greece, have already sharply reduced their spending. A survey by French humanitarian […]
If you look at the recent very positive quarterly financial results of high fashion and luxury goods companies, you will see that the wealthy live in a different world where there is no recession, no inflation and no expensive electricity. One has only to look at Hermes International and LVMH sales, as well as Swiss […]
A total of 29.5% of the total population (about 3,092,300 people) are simultaneously at risk of poverty or social exclusion, the Hellenic Antipoverty Network’s annual report said on Monday. According to Poverty Watch Greece 2022, which uses the Hellenic Statistical Office and other data, including the Network’s own questionnaires, 19.6% of the Greek population is […]
The cold weather is approaching, and as the energy crisis unfolds in the European Union, its inhabitants are looking to the world’s oldest fuel. Due to the shortage of gas, the demand for firewood is growing rapidly, writes Bloomberg. They are confidently becoming a popular commodity, because approximately 70% of European heating comes from natural […]
In Europe, they are preparing for a power outage, which at current energy prices seems quite possible. Janez Lenarčić, European Commissioner for Crisis Management, warns of problems that could arise during the cold season in an interview with representatives German media network RND. He does not rule out that European countries may need help due […]
Worst winter in Europe, comparable, according to Adonis Georgiadis, from 1942, when Greece was under Nazi occupation, is just around the corner. At least in those European countries that have been recognized as “unfriendly” to Russia and are experiencing retaliatory sanctions from Moscow. Brussels and the UK are trying to cut their gas consumption by […]
“A deterioration in the standard of living for some time is inevitable,” government spokesman Yiannis Ikonomou warned the Greeks on Sunday. “The quality of life of citizens is under threat of a sharp deterioration,” the spokesman said in an interview with Skai TV and in an article he published in the Sunday edition of the […]
Against the backdrop of the energy crisis, Greece leads the EU in terms of support for households and businesses. The authorities of European countries have allocated approximately 280 billion euros to support the population, to mitigate the consequences of the crisis for businesses and households. According to Bloomberg, based on data from the Brueghel Institute, […]
At the NATO summit, they named the only way to end the war in Ukraine and solve the problems of the global crisis caused by it. Alexandre De Cros, the Prime Minister of Belgium, said at the summit of the member countries of the alliance about the need for a military victory for Ukraine, and […]
Greece, Cyprus and Malta are most at risk in the zone EU lose food security due to the war in Ukraine. These are the results of a large-scale study, presented in the report of the Polish Institute of Economics. In the course of considering all the factors in the current situation, the institute’s specialists developed […]
The financial crisis, the covid pandemic, soaring inflation… It seems that time after time, fate is testing Greece’s strength in a series of global problems. Will she make it this time? The Euronews correspondent talked to representatives of different social groups, and this is what he managed to find out. The heroes of his reportage […]