News In English
Greek Banks Have Recovered. Their Troubled Borrowers Haven’t
The proposals underscore a persistent contradiction in Greece's economic recovery.
Greece Plans 15% Flat Tax for International Organization Retirees
The measure would establish a separate tax regime for pensions paid by recognized international organizations to individuals who are Greek tax residents.
Greek Inflation Surges to 5% as Energy Prices Soar, Squeezing Households
Consumers in Greece are already grappling with elevated living costs and limited purchasing power.
Greece Strengthens Stock-Market Whistleblower Protections With New Reporting Rules
The decision, issued Sept. 24, represents the first major revision of the framework in six years.
Greece’s Tax Authorities Scrutinize Ticketmaster Over Major Concert as Profits Surge
Ticketmaster acknowledges in its financial statements that the outcome of a tax audit cannot be reliably predicted, saying the provision was calculated using statistical data.
Heating Oil Prices Surge Across Europe as Greece Prepares Subsidies to Shield Households
Denmark tops the list at €2.45 a liter, roughly 41% above the EU average, followed by Portugal at €2.204, Italy at €2.063 and Finland at €2.048.
Greek Shipping Tycoon Marinakis Bets on Athens With €250 Million IPO, Promising High Dividends
Marinakis described the listing as a vote of confidence in Greece’s economy and financial markets.
Greek Business Heavyweights Commit €70 Million to Marinakis Shipping IPO
The investors—Giannis Vardinogiannis, Socrates Kokkalis, Evangelos Mytilineos and George Peristeris—would collectively own about 6.77% of Capital Maritime Finance.
National Bank of Greece Bets on AI Agents and Embedded Banking
National Bank has instead spent years replacing technology while keeping the lender running—akin to rebuilding an aircraft in flight.
Rubio Says America Owes Greece a Debt ‘Time and Distance Can Never Erase’
“Athens gave us democracy,” Rubio said, while Plato and Aristotle helped give the West its philosophical foundations.
Greek Banks Face Limited Risk From Bond-Market Pressure, DBRS Says
Government bonds on Greek banks’ books were equivalent to nearly 300% of their common equity Tier 1 capital, a key measure of financial strength,
Greece Offers €95 Million Energy Relief, but Industry’s Cost Problem Runs Much Deeper
Energy-intensive manufacturers will receive additional support. The intervention is expected to remove €95 million in costs from industrial production, with details due in the coming days.
Greece Tightens Scrutiny as Banks Push Into New Businesses
Banks will have to secure regulatory clearance before launching a new activity and provide detailed information on both the business itself and its potential effect on their financial position.
Greece Puts the Brakes on Sudden Renewable - Power Swings
Rapid growth in renewable generation is producing more hours of very cheap - or even negative - electricity.
Greece Upgrades Tax - Data System Used to Exchange Financial Information With U.S.
FATCA - the Foreign Account Tax Compliance Act - is a U.S. law designed to identify financial assets held outside the country by people with American tax obligations.
Greece’s Inflation Windfall: Higher Prices Fill State Coffers as Households Get Handouts
A year ago, Greece’s Finance Ministry expected 2026 tax revenue of €73.53 billion. It now forecasts €75.73 billion, an increase of roughly €2.2 billion from that initial estimate and €2.09 billion, or 2.8%, above the subsequent budget target.
Greece Edges Up Economic-Freedom Ranking but Remains Near Bottom of EU
Greece ranks 61st among 165 countries and jurisdictions in the 2026 Economic Freedom of the World index, up from 63rd a year earlier.
Greece’s Raycap Builds Global Ambitions on Exports, Investment and Innovation
Founded by entrepreneur Costas Apostolidis and now led by Kalissa Apostolidis, Raycap reported revenue of €148.3 million in 2025.
Greek Money Launderers Found an Unlikely Middleman: The Utility Bill
Individuals paid electricity and other utility providers substantially more than they owed, building up large credit balances.
Can Greece Restart Its Cyprus Power Cable Without Strengthening Turkey’s Claims?
Greece and Turkey hold sharply different views over maritime jurisdiction in the Eastern Mediterranean.
Kimberly Guilfoyle’s Future in Athens Is Now a Polymarket Bet
Polymarket contracts trade between “Yes” and “No,” with their prices broadly reflecting the probability participants assign to an outcome.
Middle East Conflict Pushes Greek Fuel Prices Above €2.20 a Liter
The nationwide average price for regular 95-octane gasoline stands at €2.206 a liter, while premium 100-octane costs €2.453.
Greece’s Universities Have a New Problem: Classrooms Without Students
Across the country, 13 departments enrolled fewer than 10 new students and 25 took in fewer than 20.
Athens Residents Take to the Streets Over Metro Construction Damage
The dispute presents a challenge for Athens as it undertakes one of its biggest transportation projects in decades.
Samaras’s Warning to the Mitsotakis Government Over Balkan Concessions Gains New Weight
That accord ended the long dispute between Athens and Skopje by changing Greece’s neighbor’s name to North Macedonia.
Greece’s Top Court Curbs Tax Authority’s Reach Into Decade-Old Cases
At the center of the dispute was legislation adopted in 2019 that gave tax authorities additional time to investigate older cases of suspected tax evasion.
Bond-Market Turmoil Hits Greece, but This Time Athens Is Holding Up Better
The spread between Greek and German 10-year bonds - a closely watched measure of the additional risk investors attach to Greek debt - is about 109 basis points.
Crete Storm Emergency: 112 Alert Issued in Mylopotamos as Severe Weather Rages On
Severe weather continues to pound Crete, with authorities issuing a fresh 112 emergency alert for Mylopotamos as heavy rain and dangerous conditions persist across the island.
Greece Weather Alert: Crete Braces for New Storms as Dodecanese Turn Red This Weekend
A fresh weather warning has been issued for Greece as severe storms continue to threaten the southern Aegean, with Crete facing another deterioration and the Dodecanese now entering the danger zone.
Crete Under Water: Lasithi Plateau Flooded as Relentless Rain Destroys Crops
Anxiety is mounting in Crete as relentless heavy rain continues to batter the Lasithi Plateau, leaving vast areas flooded, roads inaccessible and crops severely damaged.