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From 482 Gyros in 1985 to 165 in 2026: How Greece’s Minimum Wage Lost Purchasing Power

From 482 Gyros in 1985 to 165 in 2026: How Greece’s Minimum Wage Lost Purchasing Power

The index climbed to 597 gyros a month in 1998.
Greece’s Student Housing Crunch: Tiny Apartments Command Up to €600 a Month

Greece’s Student Housing Crunch: Tiny Apartments Command Up to €600 a Month

The squeeze is particularly acute in Athens and Thessaloniki, where thousands of students and their families are searching for apartments ahead of the new academic year.
Greece Moves to Block ‘Energy Tourists’ From Switching Power Suppliers With Unpaid Bills

Greece Moves to Block ‘Energy Tourists’ From Switching Power Suppliers With Unpaid Bills

The measure introduces a debt-flagging system to Greece’s retail electricity market for the first time.
Turkey Revives Aegean Claims as Greece Moves Ahead With Renewable Energy

Turkey Revives Aegean Claims as Greece Moves Ahead With Renewable Energy

Greece considers the sovereignty of its islands and islets to be established by international treaties and regards Turkey’s recurring references to so-called “gray zones” as lacking a basis in international law.
Ice Cream: Greece Accounts for Just 1.67% of European Production in an €8.13 Billion Market

Ice Cream: Greece Accounts for Just 1.67% of European Production in an €8.13 Billion Market

Across the European Union, ice-cream production reached 3.44 billion liters in 2025.
Greek Court Rejects Bid to Restore Public-Sector Holiday Bonuses

Greek Court Rejects Bid to Restore Public-Sector Holiday Bonuses

The Greek court relied on a November 2025 judgment by the Court of Justice of the European Union concerning the minimum-wage directive.
Greece Wants to Fix Housing. It Could Tilt the Playing Field for Developers

Greece Wants to Fix Housing. It Could Tilt the Playing Field for Developers

At least 30% of the resulting housing would remain under the control of the contracting public authority for social rental.
Greek Island Home Prices Keep Rising as Buyers Look Beyond Mykonos

Greek Island Home Prices Keep Rising as Buyers Look Beyond Mykonos

Across the Aegean islands, average asking prices reached €2,941 a square meter, up 5.9% from a year earlier.
Own a Boat Longer Than Five Meters in Greece? A Tax Ruling Shows Why Every Centimeter Counts

Own a Boat Longer Than Five Meters in Greece? A Tax Ruling Shows Why Every Centimeter Counts

Under the rules cited by the Dispute Resolution Directorate, privately used recreational vessels longer than five meters are subject to Greece’s luxury living tax.
Kosher Made in Greece: A $66 Billion Market - and an Opening for Greek Food Exports

Kosher Made in Greece: A $66 Billion Market - and an Opening for Greek Food Exports

For a Greek food company able to secure the right certification, that makes kosher less a bet on a single country than a potential passport into a network of international markets.
Greece Near Bottom of EU in Education Spending, at Just 3.3% of GDP

Greece Near Bottom of EU in Education Spending, at Just 3.3% of GDP

For every €100 of economic output, Greece devoted the equivalent of €3.30 to public education spending.
Greece’s €2 Billion Delivery Habit Is Reshaping How the Country Eats - and Shops

Greece’s €2 Billion Delivery Habit Is Reshaping How the Country Eats - and Shops

As digital orders reach record scale, officially recorded restaurant revenue is moving in the opposite direction.
Embassy of Israel to Dnews: Pninat Yanai Does Not Know Tal Dilian

Embassy of Israel to Dnews: Pninat Yanai Does Not Know Tal Dilian

The Embassy of Israel has issued an immediate response to a comment published today in Dnews’ “Pliroforiodotis” column under the headline “Does Pninat Yanai Know Tal Dilian?”, as well as to a report published by our English-language edition under the headline “Israel’s New Ambassador to Greece Has a Past in the Spyware Business.”
Greece Borrows More Cheaply Than Italy as Debt Paydown Accelerates

Greece Borrows More Cheaply Than Italy as Debt Paydown Accelerates

Greece’s benchmark 10-year bond yielded 3.866% on Aug. 17, compared with 3.982% for Italy, according to Greece’s Public Debt Management Agency, citing Bloomberg data. At five years, Greek debt yielded 3.241%, against 3.361% for Italy.
Israel’s New Ambassador to Greece Has a Past in the Spyware Business

Israel’s New Ambassador to Greece Has a Past in the Spyware Business

Yanai’s connection to that industry predates the Greek scandal by years.
Greece’s Demographic Clock Is Ticking Faster

Greece’s Demographic Clock Is Ticking Faster

The latest Eurostat data show a country aging faster than most of the European Union while births continue to fall.
Greece’s Short-Term Rental Rates Surge as Supply Tightens

Greece’s Short-Term Rental Rates Surge as Supply Tightens

Available short-term rental listings fell 2% from July 2025, while booked nights increased 1.9% to 2.68 million
Two Dead as Fast-Moving Wildfire Sweeps Across Salamina Near Athens

Two Dead as Fast-Moving Wildfire Sweeps Across Salamina Near Athens

Greece's national health emergency coordination center was monitoring the situation and coordinating medical resources.
Greece to Count Ships and Seafarers in New Maritime Workforce Census

Greece to Count Ships and Seafarers in New Maritime Workforce Census

Greek shipowners control one of the world’s largest merchant fleets, although a substantial portion of those vessels operate under foreign flags.
Greece Opens Military Combat-Trauma Training to Civilians

Greece Opens Military Combat-Trauma Training to Civilians

A new joint ministerial decision allows Greek citizens and nationals of other European Union member states between the ages of 18 and 60 to take part in combat-trauma courses offered by the Greek Armed Forces.
Turkey Declares Marine Parks Around Contested Waters Near Greek Islands

Turkey Declares Marine Parks Around Contested Waters Near Greek Islands

The parks were established through presidential decrees signed by President Recep Tayyip Erdoğan and published in Turkey’s official gazette on Aug. 15.
The World’s Superyachts Are Flocking to Greece, So Are the Problems

The World’s Superyachts Are Flocking to Greece, So Are the Problems

From the 101-meter Destiny, owned by Blackstone co-founder Stephen Schwarzman, to investor Yuri Milner’s 116-meter Multiverse and CVC Capital Partners co-founder Rolly van Rappard’s 56-meter Blue II, Greek waters are once again hosting some of the world’s biggest yachts—and fortunes.
Greece’s Power Grid Comes Under Scrutiny as Wildfires Raise Alarm

Greece’s Power Grid Comes Under Scrutiny as Wildfires Raise Alarm

Greece’s sprawling electricity distribution network is coming under scrutiny as investigators examine whether power lines played a role in some of the country’s recent destructive wildfires, raising broader questions about aging infrastructure, maintenance and staffing.
Greek Court Revokes Licenses for Three Private Universities, Exposing Flaws in Reform Rollout

Greek Court Revokes Licenses for Three Private Universities, Exposing Flaws in Reform Rollout

Greece’s highest administrative court has revoked the operating licenses and academic-program approvals of three newly authorized private university ventures, exposing flaws in the rollout of one of the government’s most consequential—and politically contentious—higher-education reforms.
Greece Launches Central Platform for Trading Bad Loans

Greece Launches Central Platform for Trading Bad Loans

Greece is introducing a centralized electronic platform to track transactions in nonperforming loans, in the latest effort to bring greater transparency and standardized reporting to a market that has played a central role in the cleanup of the country’s banking system.
Greece Keeps Construction’s Tax Exception - and Its Problems

Greece Keeps Construction’s Tax Exception - and Its Problems

Tax professionals argue that restoring VAT on new construction could create a chain of mutual enforcement across the industry.
From Greece to California: The High-Stakes Battle Over Taxing the Rich

From Greece to California: The High-Stakes Battle Over Taxing the Rich

The battle over taxing the rich, from Athens to California, is ultimately a battle over that asymmetry.
Greece Tightens Rules on Mobile-Billed Digital Services to Curb Unwanted Charges

Greece Tightens Rules on Mobile-Billed Digital Services to Curb Unwanted Charges

Greece is tightening the rules governing digital services charged directly to consumers’ phone bills, introducing stricter consent and authentication requirements designed to prevent subscribers from being hit with unwanted or poorly understood charges.
Greece Eyes New Tax Breaks as Household Finances Remain Under Pressure

Greece Eyes New Tax Breaks as Household Finances Remain Under Pressure

Greece’s government is preparing a multiyear package of tax cuts and spending measures to unveil at the Thessaloniki International Fair, seeking to turn the country’s most important annual economic-policy event into the starting point of a four-year political and fiscal plan.
Stelios Ramfos, Greek Philosopher and Public Intellectual, Dies at 87

Stelios Ramfos, Greek Philosopher and Public Intellectual, Dies at 87

Ramfos occupied an unusual place in Greek intellectual life.
Greek Lawyer Sought €3,600 Tax Break for ‘Tips.’ Tax Authorities Said No

Greek Lawyer Sought €3,600 Tax Break for ‘Tips.’ Tax Authorities Said No

The lawyer acknowledged that his earnings weren’t explicitly classified as gratuities.
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