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EU short-term rental boom: nearly 1 billion guest nights in 2025 as Airbnb and Booking demand surges

EU short-term rental boom: nearly 1 billion guest nights in 2025 as Airbnb and Booking demand surges EU short-term rental boom: nearly 1 billion guest nights in 2025 as Airbnb and Booking demand surges
  Europe’s short-term rental market continues to expand at a remarkable pace, with demand for platforms like Airbnb, Booking.com, and...
Read More...

Russia demands France release Anna Novikova amid rising Franco‑Russian espionage tensions 

Russia demands France release Anna Novikova amid rising Franco‑Russian espionage tensions  Russia demands France release Anna Novikova amid rising Franco‑Russian espionage tensions 
  Russia on Wednesday urged France to immediately release Anna Novikova, a dual Russian‑French national held in France since late 2025...
Read More...

Belgium and Algeria sign agreement to streamline returns of nationals without legal residence

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  Belgium and Algeria have signed a new readmission agreement aimed at accelerating the return of Algerian nationals who do not have the...
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EU moves to reinforce carbon market stability with ETS reform amid energy uncertainty

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  The European Commission has unveiled a new proposal aimed at strengthening the European Union’s carbon market, marking the first concrete...
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EU prepares €90 billion support loan for Ukraine, prioritizing defence and budget aid in 2026–2027

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  The European Commission has taken key steps to implement a €90 billion support loan to Ukraine, designed to provide critical budgetary...
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Eurozone inflation jumps to 2.5% in March 2026 as energy prices surge

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  Inflation across the euro area picked up pace in March, reaching an estimated 2.5% year-on-year, according to a flash estimate released...
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EU labour costs 2025: hourly wages range from €12 in Bulgaria to €57 in Luxembourg

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  Labour costs across the European Union continued their steady rise in 2025, reflecting ongoing economic pressure, wage growth, and evolving...
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EU pushes to simplify farm data rules: Dombrovskis leads talks on cutting red tape for farmers

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  In a move aimed at easing bureaucracy for Europe’s agricultural sector, Valdis Dombrovskis chaired a high-level Implementation Dialogue...
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Belgium moves closer to abolishing Senate as political reform gains momentum

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Crowds celebrate with flag-waving outside the headquarters of Greece's right-wing New Democracy party in central Athens on May 21, 2023, following the

announcement of the first exit polls. 

Greece's ruling New Democracy party appeared to be heading for a resounding victory in the parliamentary election on Sunday, according to early results. The party was set to defeat the opposition Syriza but was likely to fall short of the threshold needed to form a government on its own.

With over half of the votes counted, conservative New Democracy held a commanding lead with 40.9%, while the radical leftist Syriza, which governed from 2015 to 2019, trailed with 20.1%.

Analysts predicted that New Democracy would likely not achieve an outright majority.

Under the newly introduced electoral system, seats are distributed based on the number of parties entering the 300-member parliament, which adjusts the majority threshold to anything between 42% and 47% of the vote.

Greece's interior ministry projected that New Democracy could secure 145 seats in parliament, six short of an absolute majority.

The result provided a boost to Prime Minister Kyriakos Mitsotakis, whose administration faced challenges such as a wiretapping scandal, the COVID-19 pandemic, a cost of living crisis, and a deadly rail crash in February that sparked public outrage.

"It's a clear margin, a clear win," said Panos Koliastasis, Adjunct Assistant Professor of Politics at the University of Peloponnese.

Elections in Greece are held every four years for the 300-seat parliament.

The cost of living crisis dominated the campaign, with parties vying for voters' support through promises to raise the minimum wage and create jobs. The surge in prices has significantly impacted Greeks, whose living standards were affected by a decade-long debt crisis.

Greece came close to exiting the Eurozone during the peak of its debt crisis in 2015. Mitsotakis, who was elected in 2019, presented himself as a reliable leader in his bid to secure the votes of nearly 10 million Greeks.

"Today, the responsibility of governing the country has been handed over to you, the people, but I am certain that tomorrow will bring an even better day for our country," Mitsotakis told journalists after casting his vote earlier in the day.

However, his administration faced public backlash over a rail crash on February 28 that claimed the lives of 57 people and a wiretapping scandal that targeted politicians. Photo by fdecomite, Wikimedia commons.

deneme