First Indirect Announcement of Measures Against Tariff Impacts and the Post-Recovery Fund Era

The first announcement regarding measures against tariff impacts and the post-Recovery Fund era has drawn attention, focusing on rent returns and pensioner support. However, new permanent measures announced by Prime Minister Kyriakos Mitsotakis include a significant aspect: the permanent increase of the Public Investment Program by €500 million. Referring to this increase, YPOIK, Kyriakos Pierakakis, stated that major projects reflect a developing country and act as safeguards during times of international uncertainty due to trade wars. The same official noted that while private investments are driving momentum, the state plays a crucial role through the PDP. This marks the first time specific, quantified announcements have been made for measures mitigating tariff impacts on the Greek economy after April 2, 2025, with significant implications ahead of the Recovery Fund’s end in 2027. Additionally, Greece ranks fourth among countries showing budget surpluses, highlighting fiscal responsibility amidst global economic challenges. Meanwhile, the EU published its formal stance against Trump’s tariffs, emphasizing potential WTO appeals to resolve trade disputes. In shipping, concerns arise over Trump’s tariffs affecting vessel acquisitions, leading to a decline in transactions. Locally, emphasis remains on domestic policies like rent refunds, while foreign investments in real estate continue, notably in Piraeus. Furthermore, digital sovereignty is highlighted by André Rogaczewski, urging Europe to prioritize data return within the EU and develop trustworthy systems. Lastly, stock market dynamics show increased interest in specific companies, reflecting investor confidence.