AGP Executive Report
Last update: 11 hours agoInflation & Costs: Greece’s inflation rose to 5.7% in October, its highest since 2023, as natural-gas prices jumped 80%. The pressure is acute for households: 50.5% of Greeks said they could not cover an unexpected expense, the EU’s highest share. Energy Investment: HELLENiQ Energy plans to invest more than €1 billion in Romanian renewables and battery storage by 2030, targeting a portfolio of up to 1.3 gigawatts. Power Link: Türkiye has cleared a French survey vessel to work on the Greece-Cyprus electricity cable until March 2027, but Athens rejects Ankara’s maritime notice. The dispute keeps risks around the €2 billion project in focus. Tax Enforcement: Greek authorities are investigating suspected tax fraud exceeding €206 million, with the Thessaloniki probe spanning around 2,000 businesses. Trade: Greece’s exports of gas surged 166% as LNG imports reached a record, highlighting the country’s growing role in regional energy flows.
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