News In English
Orange Airlines Signals a Bold Return to Greek Skies
After a three-year absence, the name “Orange” is set to reappear in the Greek aviation landscape with the formation of a new carrier, Orange Airlines Monoprosopi IKE.
Greece Steps Up Tax Enforcement, Eyes Major Revenue Boost by 2026
Greece is stepping up its campaign against tax evasion, with authorities preparing to roll out a new set of measures that could bring an additional €1 billion into state coffers this year.
Mitsotakis Visits Israel as Greece Revives Strategic Energy Link
Athens is preparing to restart exploratory operations for the Greece–Cyprus–Israel electricity interconnection project, known as the Great Sea Interconnector, within days.
Bread Prices Rise as Greek Bakers Buckle Under Soaring Costs
Two years of steadily rising energy bills and grain prices have pushed local bakeries to a tipping point. Industry professionals warn that the price of bread is about to rise again, as the cost of doing business becomes increasingly unbearable.
What Greek Workers Are Looking For: A New Survey Reveals Shifting Priorities in the Modern Workplace
The survey, which gathered responses from 1,053 people aged 18 to 65, reveals a workforce that is more self-assured and selective than in the past.
Greece’s Road to Recovery: Investment Alone Won’t Rebuild a Fragile Economy
The report outlines two projections for how long it might take Greece to return to its pre-crisis capital stock levels
Cover-Up in Plain Sight: Opposition Cries Foul Over Government’s Handling of Tempi Inquiry
The tragedy, which occurred in February 2023 and claimed the lives of 57 people, remains one of the most traumatic events in recent Greek memory.
New Greek Defense Spending Plan Raises Questions About Domestic Industry Inclusion
At the heart of this renewed focus is Defense Minister Nikos Dendias’ push to strengthen domestic production and elevate the role of Greek companies in national defense procurement.
Greece’s Ruling Party Faces Quiet Power Shift as Defense Minister Nikos Dendias Gains Momentum
A political gathering in Athens on Wednesday evening may have quietly kicked off the race for the future leadership of Greece’s ruling party, New Democracy (ND).
One-Quarter of Greece’s Tax Debts Now Considered Uncollectible
A significant portion of the tax debt is practically unrecoverable due to the financial condition of debtors.
ATHEXCLEAR Penalized for EMIR Violation Weeks Before FTSE Russell Market Review
The Athens Stock Exchange (ATHEX) is facing renewed scrutiny just weeks before a pivotal review by FTSE Russell on April 8, which will determine whether Greece's capital market can regain its long-lost classification as a developed market.
Greek Voters Favor Early Elections as Discontent with Government Grows
A new political poll from Greece reveals significant shifts in public opinion, painting a picture of a government under pressure and an electorate increasingly turning toward anti-establishment voices.
New Greek ID Cards to Feature Single Personal Number for All Public Services
Greece is introducing a major overhaul to its national identity system with a new legislative amendment requiring the inclusion of a Personal Identification Number (P.A.) on all newly issued ID cards.
Greece Moves to Tighten Oversight on Foreign Investments Amid Security Concerns
Greece has unveiled plans to bolster its oversight of foreign investments, with the government introducing a bill aimed at aligning the country with European Union regulations and safeguarding national security interests.
Greece Experiments with AI and Citizen Feedback in Public Administration Reform
In an effort to reform Greece’s public administration, government officials have announced the rollout of a new system for evaluating civil servants, as well as a large-scale initiative to gather citizen feedback on public services.
EU Auditors: Greece Falling Short on Labour Reforms Under Recovery Plan
Greece is failing to make meaningful use of the European Union’s Recovery and Resilience Facility (RRF) to implement substantial labour market reforms, according to a report released by the European Court of Auditors (ECA).
Fais Group Makes Market Debut on Athens Stock Exchange After Oversubscribed IPO
Fais Group is making its debut on the Athens Stock Exchange on Thursday, following a public offering that garnered solid investor interest.
PPC Unveils Plans for Massive Data Center in Northern Greece Amid Global AI Boom
Public Power Corporation (PPC), Greece’s largest energy provider, has announced ambitious plans to build a large-scale data center in the region of Western Macedonia, aiming to tap into the rapidly growing global demand for digital infrastructure fueled by the expansion of artificial intelligence.
Greek Hotel Industry Posts €11.5 Billion in Revenues for 2024, Marking Strong Growth and Economic Impact
The total direct and indirect contribution of the hotel sector to Greece’s economy reached €17.8 billion in 2024, accounting for 5.9% of the country’s GDP - a notable increase from 4.8% the previous year.
Sokratis Famellos Calls for Progressive Front to Oust Mitsotakis
In an exclusive interview with Dnews.gr, Sokratis Famellos, leader of Greece’s main opposition party SYRIZA–Progressive Alliance, sets out an urgent call for unity among the country’s progressive forces.
Greece Set to Raise Minimum Wage Amid Cost-of-Living Pressures
The new minimum wage is set to take effect on April 1, 2025.
Quarter of a Million Homes in Greece Uninhabitable Without Major Repairs
This lack of available, livable homes is one of the key drivers behind soaring sale and rental prices—figures that have become increasingly detached from the reality of average Greek incomes.
Reform in Name Only: The Risks Behind Greece’s Mass Evaluation of Public Services
Greece’s proposed approach lacks institutional depth, methodological clarity, and—most importantly—a genuine commitment to self-reflection at the top levels of power.
Cyprus Court Case Reveals Greek Tycoon Financed Majority of ISAB Refinery Purchase
A story that sparked global attention.
New VAT Rules in Greece: Monthly Filings to Replace Quarterly Submissions
The first phase of the transition will begin in April 2025 and in October 2025, the final phase of the reform will take effect.
The Economic Reality Behind the 1821 Greek War of Independence
When the Revolution erupted in 1821, Greece had no real financial infrastructure.
Fairfax Bets on Metlen’s Future with Convertible Bond Deal
The agreement is being closely watched by markets, as it underscores Fairfax’s view that Metlen is positioned for significant growth.
Why Greece’s Plan to Track Down Wealthy Debtors Abroad May Be More Wishful Thinking Than Reality
The plan seems to underestimate the complexity of international law, tax confidentiality, and cross-border asset ownership.
Greece Charts a Decade-Long Energy Transformation Plan Through 2033
Greece has announced an ambitious new roadmap to modernize and future-proof its electricity transmission infrastructure through 2033.
Greek Banks Step Up as EU Rolls Out Tougher Anti-Money Laundering Rules
Greek banks are stepping up efforts to comply with a sweeping new European Union regulatory package aimed at strengthening the fight against money laundering and terrorist financing across the bloc.
Soaring Beyond the Bar: How Emmanouil Karalis is Turning Athletic Triumph into Business
Greek pole vault sensation Emmanouil Karalis is defying gravity—and not just on the track.