TRADE


EU probes into Chinese subsidies and imports
ECONOMY

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.


EU support is enough to impose Chinese EV tariffs, sources say
ECONOMY

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.


Cutting Houthi supply lines key to trade
OPINION

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.

Current account surplus decreases in July
ECONOMY

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.



‘Those who abuse asylum’ cannot be in Germany
ROBERT HABECK

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 drops
ECONOMY

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). 


Piraeus port suffers from Red Sea instability
ECONOMY

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.