Economy

Kalispera, Athina! I stand before you today for what will be my final July Fourth celebration as Ambassador. The theme of today’s Independence Day celebration is “Education, Inclusivity, and Accessibility.”  [...]

On the morning of April 7, 2024, Premier Li Qiang of the State Council met with U.S. Secretary of the Treasury Janet Yellen at the Great Hall of the People [...]

Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to start lowering borrowing costs from record highs. Consumer price growth in the 20 nations [...]

U.S. services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which bodes well for the inflation outlook. [...]

The Council launched today EUNAVFOR ASPIDES. The objective of this defensive maritime security operation is to restore and safeguard freedom of navigation in the Red Sea and the Gulf. With the launch of EUNAVFOR ASPIDES, [...]

Athens, February 16, 2024 - The U.S. Embassy in Athens and its Consular Section, the U.S. Consulate General in Thessaloniki, and all U.S. Government offices in Greece will be closed [...]

Highlights 2023 financial guidance achieved with underlying EBITDA of USD 9.8bn Given significant oversupply challenges and increased uncertainty, Maersk expects for the full-year of 2024 underlying EBITDA between USD 1.0bn [...]

October 23, 2023 On Wednesday, October 18, 2023, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) eased sanctions on Venezuela, including those relating to Venezuela’s oil, gas, [...]

Merger of Romanian subsidiaries and creation of third largest bank in Romania by total assets, cementing UniCredit's presence in a key growth market, with Alpha Bank retaining a 9.9% stake.  [...]