Today the Council adopted decisions establishing the existence of
excessive deficits for Belgium, France, Italy, Hungary, Malta, Poland
and Slovakia. In addition the Council established that Romania, which is
under the excessive deficit procedure since 2020, has not taken
effective action to correct its deficit and therefore the procedure
should remain open. (...)
Contracting Sovereignty? Greece’s Experiment with the Contractual
Allocation of Maritime Delimitation Risk in Offshore Lease Agreements
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In February 2026, Greece signed offshore lease agreements with a
Chevron-led consortium for the exploration of oil and gas south of Crete. A
month later, t...
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