News In English
Greek Parliament Set to Ratify Hydrocarbon Exploration Deal with Chevron Consortium
The areas south of Crete lie opposite Libya’s coastline, placing the project within a complex geopolitical setting.
War in Iran Puts Greek Tourism Industry on Alert
Initial assessments from leading figures in Greece’s tourism industry and broader economy converge on a single message: the need for calm.
Eurogroup to Focus on Middle East Crisis and Energy Price Surge
The talks are set to focus on the uncertainty created by geopolitical instability in global energy markets and the implications for economic growth, inflation, and the competitiveness of the European economy.
Greece Identifies Lawyers and Real Estate Agents as Key Money Laundering Risk Sectors
According to the assessment, the most significant vulnerabilities lie outside the traditional financial sector.
How the War in the Middle East Could Hit Greece’s Economy
For Greece, the implications are significant because the country’s economic planning for 2026 was built on much lower energy assumptions.
Proposed Tenant Credit System in Greece Divides Landlords and Renters
The system, which authorities intend to launch in 2026, would create a financial reliability profile for prospective tenants and could significantly change the way residential leases are agreed in the country.
Major Cryptocurrency Investment Scam Dismantled in Greece, Profits Exceed €14 Million
12 suspects have been arrested as members of the criminal network.
European Parliament to Debate Rule of Law in Greece Following Predator Court Ruling
The European Parliament may hold a vote on a resolution outlining its position on the state of the rule of law in Greece.
Greece’s Top Court Orders Intelligence Service to Hand Over Surveillance File on Journalist
Greece’s highest administrative court has ordered the country’s National Intelligence Service (EYP) to submit the full surveillance file concerning journalist Thanasis Koukakis, marking a significant development in the long-running wiretapping scandal that has shaken the country’s political system.
EU Banks May Be Required to Immediately Refund Unauthorized Transactions – What It Means for Depositors
Consumer protection in electronic payments across the European Union could be significantly strengthened following an opinion issued by Advocate General Athanasios Rantos of the Court of Justice of the European Union in a case concerning unauthorized bank transactions resulting from online fraud.
Refinery Price Hikes Signal Higher Fuel Costs Ahead in Greece
Rising tensions in the Middle East and growing uncertainty in international energy markets are beginning to push fuel prices higher, with the first increases already recorded at Greece’s main refineries.
Europe Must Bring Start-Ups Into Defence Industry, Bruegel Analysis Says
Europe is under increasing pressure to rapidly strengthen its defence industry and technological capabilities, as geopolitical tensions and the lessons drawn from the war in Ukraine—as well as the ongoing conflict in the Middle East—highlight the growing importance of new technologies on the modern battlefield.
Alter Ego Media to Acquire 50.1% Stake in Ticketing Platform MORE.GR for Up to €30.06 Million
The agreement, signed on March 5, 2026, provides for the purchase of 175,352 registered common shares with voting rights, each with a nominal value of €1, representing a majority stake in MORE.GR Electronic Services Single-Member S.A.
Greece Introduces Postal Voting for Overseas Voters Ahead of Next Election
As a result, while Greeks living overseas will be able to vote by mail starting with the next elections, the dedicated expatriate constituency will not yet be in place.
Concerns Grow Over Rising Fuel Prices as Greece Considers Reviving Fuel Pass Subsidy
The nationwide average retail price for 95-octane unleaded petrol has reached €1.795 per litre, while 100-octane petrol is now selling for €1.992 per litre.
Greek Appeals Court Upholds Convictions of Golden Dawn Members, Reaffirming Party Was a Criminal Organization
Following a four-year evidentiary process, judges found former members of parliament from Golden Dawn guilty—depending on their role—of directing or participating in the criminal organization.
Greece Introduces New Investment Framework for Defense and Dual-Use Technologies
The government’s aim is to stimulate investment in high-technology industries and provide incentives for companies to set up new production facilities or upgrade existing infrastructure in these fields.
Greek Foreign Minister Still Refuses to Acknowledge Intelligence Service Role in Predator Spyware Scandal
Speaking in an interview published on March 3, 2026, the minister expressed complete confidence in the justice system and defended the government’s handling of the affair.
Hedge Fund Billionaire John Paulson Exits Greek Water Utility EYDAP
Paulson first invested in the company in May 2014, when he acquired a 9.99% stake for approximately €86 million.
The Middle East Crisis and the Future of Europe’s Vertical Gas Corridor
The instability affecting key maritime routes—most notably the Strait of Hormuz—has already pushed up insurance premiums and freight rates for LNG carriers.
Israel’s Ambassador to Greece: “We are fighting the Iranian terrorist regime, not the Iranian people”
A central theme of the ambassador’s remarks is the distinction between the Iranian regime and Iranian society.
Greek Banks’ Push into the Gulf Slows Amid Middle East Escalation
Major infrastructure and technology projects that lie at the core of Greek banks’ interest in the region, have not been abandoned.
Inside America’s Military Footprint in Greece
Today, Souda is the only American facility governed by the Greek–U.S. base agreement that entered into force in 1990 and remains active through annual renewals
Why Greece’s Wiretapping Scandal Still Haunts the Government After Court Ruling
Government spokesperson sought to downplay the political implications of the wiretapping ruling.
Greece Submits Offshore Hydrocarbon Deals with Chevron to Parliament
The government submitted to parliament for ratification a series of lease agreements with Chevron Greece and Helleniq Upstream.
Greece Plans New Digital Platform for Consumer Complaints
The platform will be accessible via Android and iOS devices and will allow users to submit either anonymous or named complaints.
Greek Court to Hear Major Case on Tempi Railway Tragedy
Parallel to the main trial, Greece’s Supreme Court is examining whether criminal responsibility may extend to former political leaders.
Greek Court Ruling Reopens Illegal Surveillance Case, Triggers New Prosecutorial Probe
The court further ordered an investigation into whether surveillance software continued to operate in Greece even after the scandal became public.
Greek banks to generate up to €341 million annually from account maintenance fees
This additional income stream is expected to start appearing in banks’ financial results in 2026, further strengthening net fee income, which has already recorded robust growth.
Oil at $100: Budget Projections Expose Greece’s Vulnerability to an Energy Shock
Under this adverse scenario, Greece’s real gross domestic product would be 0.45% lower than in the baseline projection, with annual economic growth slowing to 1.9%, compared with stronger momentum in the absence of an energy shock.
Greece Targets Vacant Bank-Owned Housing With New ENFIA Penalty Tax
The regulation includes an important exemption aimed at encouraging the use of housing stock.