News In English
Greece Publishes Politicians’ Wealth Statements, Exposing Stark Financial Contrasts
While the filings are a routine transparency exercise in Greek politics, they are closely watched each year for what they reveal about the personal finances of the country’s political elite.
Greece’s Ruling Party Hits Record Low as Corruption and Rule of Law Concerns Shake Political Landscape
Another 70% pointed to government interference in institutions, while 68% cited the failure to properly enforce laws. The results reflect a broader crisis of confidence in public institutions at a time when political tensions in Greece remain high.
Blackstone’s Skroutz Bet Reflects Confidence in Greece’s Digital Economy
Founded as a price-comparison website, Skroutz has transformed over the past several years into Greece’s dominant online marketplace, building out logistics, payments and fulfillment capabilities designed to emulate larger international platform models.
Viva Wallet Swings Back to Profit as Dispute With JPMorgan Intensifies
The company posted adjusted EBITDA of €16.8 million in 2025, reversing a loss of €25.6 million a year earlier. Total payment volumes reached €37.2 billion across nearly 605 million transactions, according to annual financial statements released by the group.
Trump-Connected Investors See Strategic Opening in the Balkans
The push is centered on liquefied natural gas infrastructure and broader investments tied to American business interests, many of them connected to allies of President Donald Trumpm
Dimitriadis Reignites Greece’s Wiretapping Scandal With Explosive Interview
In the interview, Dimitriadis lashed out at Androulakis, accusing him of cultivating political “toxicity” and anger for partisan gain.
Drones, X-Rays and AI: Greece Escalates Fight Against Tax Evasion
The plan reflects a broader push by the Greek government to modernize one of Europe’s historically most fragmented tax systems and close a tax gap that has long burdened public finances.
Eurobank Posts First-Quarter Windfall From Romanian Tax Case Resolution
Eurobank reported a notable one-off gain in its first-quarter 2026 earnings after resolving a long-standing legal dispute linked to the sale of its former Romanian subsidiary, Bancpost, to Banca Transilvania in 2018.
World Bank Warning: Bureaucracy Is Sinking Entrepreneurship in Greece
Greece’s long-running struggle with bureaucracy is continuing to weigh heavily on businesses and investors, despite years of reforms aimed at modernizing the country’s economy, according to a new World Bank report that highlights deep inefficiencies across the judicial system, licensing procedures and public infrastructure.
Ex-Data Protection Chief Criticizes Supreme Court’s Handling of Greek Surveillance Scandal
Greece’s government is the clear beneficiary of the Supreme Court’s handling of the country’s sprawling spyware scandal, according to one of the country’s most respected former senior judges, who warned that the affair is deepening public mistrust in the judiciary and raising broader questions about the rule of law inside the European Union.
Inflation Roars Back in Greece, Threatening Fresh Pressure on Households
The broader concern is that inflation in Greece is no longer confined to temporary supply disruptions or imported energy costs.
NBA Europe: What the New League Could Mean for Panathinaikos and Olympiacos
The NBA believes the tournament could expand rapidly, growing to 18 teams and eventually 24 by its seventh season.
Greece Resists Calls for Fresh Energy Windfall Levies
The stance sets Greece apart from a growing group of European countries reconsidering windfall taxes as energy companies once again report robust earnings driven by market turbulence and strong refining margins.
Eurobank’s €28 Billion Portfolio Signals Defensive Strategy Amid Market Uncertainty
Eurobank also maintains international sovereign exposure beyond Europe.
Prodea Enters High-Stakes Data Center Market Through Quadrivium Partnership
Prodea will provide up to €15 million in bond financing to Quadrivium Digital Hellas while also acquiring a 30% equity stake in the company.
Former Greek Minister Targeted by Predator Urges Supreme Court to Reopen Spyware Probe
“At issue is not only a lack of objectivity, but direct personal involvement,” Spirtzis argued in his filing.
Athens Airport Sees First Decline in Foreign Passenger Traffic Amid Middle East Tensions
Ιnternational passenger traffic fell 0.9%, marking the first contraction after months of uninterrupted growth.
Phantom Orchards and Grazing Lands Fuel Greek Subsidy Fraud Case
Prosecutors accuse 58 defendants from Crete of fraudulently obtaining tens of thousands of euros in subsidies by falsely declaring land in northern Greece as olive groves, almond orchards or grazing areas.
Greece’s Largest Port Feels Strain of Shipping Turmoil and Weaker Cargo Demand
Management cautioned that risks tied to the Middle East conflict remain elevated.
Greece’s "Silent Heroes" Secure Win in Debt-Crisis Court Case
For Greece, the ruling closes another chapter in the long financial aftermath of the eurozone debt crisis.
Greece Wins London Court Battle Over GDP Warrants Buyback
Greece has won a legal battle at the High Court in London over its decision to buy back GDP-linked warrants that were issued to investors during the country’s landmark 2012 sovereign debt restructuring.
Santorini Still Geologically Active Despite Drop in Earthquakes
Seismic activity around Santorini has declined since last year’s spike, but scientists caution that the region has yet to return to normal conditions and continues to experience significant subsurface changes.
Athens Moves to Bring Crypto Profits Into Tax Net
The Greek government is preparing legislation that will introduce taxation on profits derived from cryptocurrencies, in a move aimed at bringing digital assets more firmly into the formal tax system.
Mounting Cost Pressures Squeeze Greek Hotel Profitability
Demand for travel to Greece remains robust, but behind the strong bookings lies a growing concern for the country’s tourism industry: profitability is under increasing strain. Rising costs—particularly in energy—are outpacing revenue growth and putting significant pressure on hotels’ margins.
Athens Bar Association Moves to Take Surveillance Scandal to European Court
Greece’s powerful legal establishment is preparing to escalate its long-running confrontation with the government over a sweeping wiretapping scandal, taking the case beyond national borders and into Europe’s top human rights court.
Greek Tax Authority Sets Framework for Monitoring LNG Flaring Volumes
In new guidance, the Independent Authority for Public Revenue set out rules governing the treatment of LNG that is flared at import terminals—an operational necessity in certain conditions but, until now, a gray area in customs law.
Greek Poll Signals Slipping Support for Ruling Party as Opposition Edges Forward
More than one-third of respondents say they do not trust any of the current political leaders to serve as prime minister, highlighting a broader sense of disillusionment with the political class.
"Loophole" Would Let Greek Military Pensioners Draw Full Pay and Salary Simultaneously
Retired officers and members of the Armed Forces would be permitted to continue receiving their full pension while also earning a salary through employment at the Hellenic Aerospace Industry (EAB).
Legal Battles Intensify as Folli Follie Appeal Hearing Advances
A new court case is scheduled to begin soon, focusing on the company’s failure to publish financial statements for the years 2020 through 2022.
U.S. Returns 26 Looted Antiquities to Greece in Cultural Repatriation Effort
According to ICE Deputy Director Charles Wall, the artifacts had been illegally removed and represent “priceless treasures” that rightfully belong to the Greek people.
Greece Introduces Mandatory Five-Year Planning and Annual Oversight for Water Utilities
The reform, led by the Regulatory Authority for Waste, Energy and Water, requires all water supply and sewerage providers to adopt structured long-term planning alongside stricter annual reporting.