The European Union is prepared to respond if the United States moves ahead with plans to raise tariffs on European cars and trucks, according to remarks made by Greece’s finance minister and Eurogroup president in an interview with Bloomberg.
The Greek electricity system has been rapidly transitioning into an export "player" in recent years, from a net importer that it was in previous decades.
In Greece, workers supporting families are now required to cover housing costs that have reached the levels of European capitals, while incomes remain stagnant and do not keep pace with rising prices. High costs and the way the real estate market operates have created a new reality, where housing absorbs the largest part of monthly income. The result? The average rent now amounts to almost an entire monthly salary.