AGP Executive Report
Last update: 4 hours agoGreek Politics: Former PM Alexis Tsipras launched a new left-wing party, ELAS, in Athens, pitching it on social justice, democratic governance, balanced development and a stronger welfare state ahead of elections expected next year. Tourism & Cost of Living: A new survey says around half of Greeks plan to cut summer holiday spending, opting for shorter trips and cheaper stays as inflation squeezes budgets, even as tourism revenue and arrivals keep rising in early 2026. EU Climate Policy: Greece is among six EU countries pushing to loosen a plan to reduce free CO2 permits for industry, warning that higher energy costs tied to the Iran war could hurt competitiveness. Regional Security: Greek police say a Russian-speaking criminal group operating in Cyprus and linked to contract killings in Greece has ties to extortion and arson, with the alleged leader believed to be in Dubai. Defense & Industry: A bid alliance led by AKTOR and ONEX is aiming to turn Elefsina Port into a regional LNG and transport hub, citing the need to diversify shipping routes.
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