News In English

EPA/Andrew Harnik

IMF: Greece Among Global Leaders in Debt Reduction

Greece is emerging as a fiscal success story in the eyes of the International Monetary Fund, which projects strong public finance performance and significant debt reduction in the years ahead.
eurokinissi

Greek Property Owners Await PM’s Tax Reforms Amid Housing Crisis

As Greece grapples with an escalating housing crisis, property owners are turning their attention to the Thessaloniki International Fair (TIF), where Prime Minister Kyriakos Mitsotakis is expected to unveil key tax policy announcements.
pexels Sora Shimazaki

Predator Spyware, Intellexa, and the Greek Surveillance Scandal Head Back to Court

The trial over the illegal use of Predator spyware in Greece, one of the country’s most significant surveillance scandals in recent history, is set to resume on April 23 at the Athens Single-Member Misdemeanor Court.
eurokinissi

How Greece’s Rent Rebate Could Raise Rents

The policy, introduced by Prime Minister Kyriakos Mitsotakis, promises annual rebates of up to €800 to qualifying tenants.
EPA/ANNABELLE GORDON

IMF: Greek Economy on Steady Growth Path Through 2026 Despite Global Headwinds

The IMF expects the deficit to reach –6.9% of GDP in 2024, improving modestly to –6.5% in 2025 and –5.9% in 2026.
eurokinissi

Council of State Deems Tax Circular on Airbnb Rentals Unlawful, Refers Case to Plenary Session

Greece’s top administrative court has ruled that a recent tax measure targeting Airbnb-style rentals is legally flawed, casting doubt over how such income should be taxed in the country.
eurokinissi

Greece Sees Modest Rise in Travel Revenues Amid Shifting Visitor Trends

Greece recorded a slight increase in travel revenues this February, according to provisional data released by the Bank of Greece.
Greece’s Fiscal Discipline Pays Off Amid EU Deficit Surge

Greece’s Fiscal Discipline Pays Off Amid EU Deficit Surge

Greece was among the few European Union countries to post a fiscal surplus in 2024, according to newly released data from Eurostat.
Osservatore Romano via AP, File

Pontiff’s Passing Highlights Vatican’s Economic Fragility

Now, with the pontiff’s passing, the future of this initiative is uncertain.
Greece Courts Investors at IMF-World Bank Meetings Amid Global Market Jitters

Greece Courts Investors at IMF-World Bank Meetings Amid Global Market Jitters

Athens seeks to position itself as a stable and attractive investment destination in a region of growing geopolitical importance.
eurokinissi

Ecumenical Patriarch Bartholomew on the Passing of Pope Francis: "A True Friend of Orthodoxy and Humanity"

Bartholomew highlighted the late Pope’s humility, compassion for the marginalized, and consistent witness to Gospel values.
eurokinissi

Over 2,000 Military-Owned Properties Set for Development

Greece is preparing to unlock the potential of over 2,000 properties owned by its Armed Forces as part of a sweeping initiative aimed at modernizing military infrastructure and generating revenue.
eurokinissi

Early Bookings and Busy Easter Hint at Promising Summer for Greek Tourism

Easter in Greece served as a soft launch for the upcoming tourist season, offering an early glimpse into what the summer might hold for the country’s vital tourism industry.
Eurokinissi

China-Greece Travel Ties Strengthen as Direct Flights Expand This Summer

After nearly three years of limitations that lasted until 2023, Chinese outbound tourism made a strong comeback in 2024, signaling the country’s re-entry into international travel markets.
Photo: Unsplash

Boom in Listings Pressures Occupancy Rates in Greek Short-Term Rentals

New data from analytics firm AirDNA reveals that occupancy rates for rentals listed on platforms like Airbnb fell to 45% in March 2025, down from 49% during the same month last year.
Greek Easter: A Journey Through Faith, Fire, and Tradition

Greek Easter: A Journey Through Faith, Fire, and Tradition

Greek Easter is not just a religious holiday—it’s an experience.
Good Friday: A Day of Deep Mourning for All of Christendom

Good Friday: A Day of Deep Mourning for All of Christendom

Good Friday stands as one of the most sacred and somber days in the Christian calendar, and in Greece, it is observed with profound reverence.
Greece’s Hotel Market Booms as Global Chains Expand Footprint

Greece’s Hotel Market Booms as Global Chains Expand Footprint

Greece is rapidly becoming a hotspot for international hotel brands, as global hospitality giants expand their presence in one of Europe’s most popular tourist destinations.
Greece Defines Its Maritime Limits—Now Comes the Test at Sea

Greece Defines Its Maritime Limits—Now Comes the Test at Sea

Greece has taken a significant step in asserting its maritime claims by officially mapping the potential boundaries of its continental shelf for the first time, in a document to be submitted to the European Commission.
After NSO’s Court Bombshell, Will Intellexa Be Next to Name Its Government Clients?

After NSO’s Court Bombshell, Will Intellexa Be Next to Name Its Government Clients?

A judicial development of particular significance in Los Angeles is exposing fractures in the long-standing "wall of silence" surrounding the global spyware industry.
Greece’s Green Energy Boom Faces a Harsh Reality Check

Greece’s Green Energy Boom Faces a Harsh Reality Check

What was once seen as the future of Greece’s energy landscape is now approaching saturation, and risks are emerging not only for the energy sector but for the financial system that supports it.
Greek Exports at Risk as U.S. Tariff Plans Take Shape

Greek Exports at Risk as U.S. Tariff Plans Take Shape

Many Greek products, particularly olive oil, reach American consumers indirectly through Italian and Spanish brands.
Banking Risks in Albania Carry Greek Relevance

Banking Risks in Albania Carry Greek Relevance

The IMF finds that Albania’s banks are generally well-capitalized, with an average capital adequacy ratio of 19.3 percent—substantially above the regulatory minimum of 12 percent.
Greece’s Finance Minister to Share Reform Lessons at IMF Spring Seminar

Greece’s Finance Minister to Share Reform Lessons at IMF Spring Seminar

The seminar forms part of the IMF’s Spring Meetings and aims to spotlight effective policies and partnerships that drive economic resilience, sustainable growth, and social cohesion.
Greece’s Tax Revenues Grows - So Does Inequality

Greece’s Tax Revenues Grows - So Does Inequality

Questions about who truly benefits from the country’s economic progress.
Cracking Down on Illicit Trade and Pushing for Smart Innovation: JTI’s Message at Delphi Forum X

Cracking Down on Illicit Trade and Pushing for Smart Innovation: JTI’s Message at Delphi Forum X

Ms. Ovumyan participated in two very interesting round tables, with cutting-edge topics not only for the tobacco industry, but also for the State, economy and society.
Alexis Tsipras Concludes Harvard Fellowship with Reflections on Global Challenges

Alexis Tsipras Concludes Harvard Fellowship with Reflections on Global Challenges

Tsipras delivered three seminars on subjects ranging from Greece’s debt crisis and its recovery path, to geopolitical developments in the Balkans and Eastern Mediterranean, to historical and modern perspectives on monetary unions.
Half of Greeks Say Buying a Home Is Now Impossible, Survey Finds

Half of Greeks Say Buying a Home Is Now Impossible, Survey Finds

One in two renters now spends over 30% of their monthly income on rent alone—a threshold commonly used to define housing cost burden.
Turkey Launches Major Restoration of Hagia Sophia’s Dome

Turkey Launches Major Restoration of Hagia Sophia’s Dome

Engineers and preservation specialists will focus on reinforcing structurally vulnerable areas that were identified through advanced seismic simulations.
Greece Tops EU in Overqualified Workforce

Greece Tops EU in Overqualified Workforce

What sets Greece apart, however, is not only its low employment rate but the striking level of mismatch between education and job roles.
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