As Greece approaches a peak export season for lambs to Italy, Germany and Spain, a ban on slaughtering small livestock due to an outbreak of sheep and goat pox has sparked concerns among farmers.
TRADE
Turkey has imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, according to a decision published in the Official Gazette on Friday, with the highest tariffs on Chinese imports.
The European Commission obtained the necessary support in a vote to impose duties of up to 45% on imported electric vehicles made in China, as part of the EU’s highest-profile probe into alleged Chinese subsidies that has provoked threats of retaliation from Beijing.
Greece has reportedly abstained from a vote in the European Union on Friday about blocking the European Commission’s plans to impose high tariffs on Chinese electric vehicles.
The Kavala Port Authority announced the suspension of loading and unloading activities at the port of Keramoti, relocating them to the commercial port Filippos B in the area of Nea Karvali.
Greece, France, Italy and Poland will vote on Friday for tariffs of up to 45% on imports of electric vehicles (EVs) made in China, sources said, enough to get the European Union proposal passed in a move likely to increase trade tensions with Beijing.
Piraeus Port Authority SA (OLP) registered a rise in revenues and profits in the first half of 2024, once more achieving the best returns historically for the specific time period.
The Houthis’ August 23 attack on the Greek-flagged MV Sounion, nearly costing 25 seafarers their lives, now threatens to become among the largest environmental disasters in history should the tanker and its 150,000 metric tons of oil capsize.
UAE Ambassador to Greece Ali Obaid Al Dhaheri highlighted the strengthening of UAE-Greece relations in the fields of finance, tourism and culture during a press conference in Athens.
Greece’s current account surplus decreased in July year-on-year due to a deterioration in the balance of goods, the balance of services and the primary income account, while the secondary income account improved slightly, the Bank of Greece reported on Friday.
Turkey’s trade ministry imposed strict conditions on the import of plug-in hybrid vehicles from some countries, including China, according to a notice published in the Official Gazette on Friday.
Any person “who abuses our hospitality or the right to asylum can have no claim to invoke it,” Germany’s Vice Chancellor and Economy Minister Robert Habeck tells Kathimerini in an interview provided through written questions, referring to the recent knife attack in the western town of Solingen.
Cyprus’ trade deficit dropped by 17% to 4.31 billion euros for the period of January to July compared to €5.19 billion in the respective period of last year, according to preliminary data published by the Statistical Service of Cyprus (CyStat).
Several ambassadors and other officials discussed Thessaloniki’s potential as a hub connecting separate trade initiatives
The number of containers traveling through the port of Piraeus continued to decline in July as a result of the unstable situation in the Red Sea, where the Houthis of Yemen continue to attack merchant shipping.
Retail business data for May points to a decline in consumption despite an increase in turnover, per figures released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
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