News In English
Citizen Lab’s Ron Deibert: “Accountability may be delayed, but the truth will emerge”
Greece’s spyware scandal remains a live test case for Europe’s rule of law, according to Ron Deibert, founder and director of Citizen Lab, who warned in Athens that the global expansion of the commercial surveillance industry poses an escalating threat to democracy and fundamental rights.
Athens Bets on AI and Fleet Upgrades to Modernize Public Transit
At the center of the strategy is the renewal of the city’s bus network.
PPC Weighs Final Allocations as Global Funds Seek Larger Stakes
PPC drew orders totaling roughly €18 billion, setting a record for Greece’s capital markets and far exceeding expectations for the offering.
Greek Opposition Weighs No-Confidence Vote as Wiretapping Scandal Reignites
The immediate trigger is the government’s expected rejection of PASOK’s request to establish a new parliamentary inquiry into the wiretapping affair.
Greek State Legal Council Blocks English Classes for Children Under Six at Private Language Schools
The decision settles a growing dispute triggered by a private language school owner on the island of Crete, who sought permission to offer English lessons to children younger than six.
French Restitution Legislation May Pave Way for Return of Parthenon Artefacts
The Louvre holds several Greek antiquities believed to originate from the monument, including confirmed and possible Parthenon fragments.
Olympiacos Financials Reveal the Price of Chasing EuroLeague Glory
The numbers tell a familiar story in modern elite sport: rising ambitions, rising investment and, ultimately, rising losses.
War and Bonds: How an 80-Day Middle East Conflict Repriced Risk Across Greece and the Eurozone
By May 19, those yields had climbed to 3.86% and 3.23%, respectively.
Inflation Boosts Business Revenues and State Coffers in Greece, but Households Feel the Strain
Data for the first four months of 2026 show price pressures remaining firmly embedded across the economy.
Asset Filings Show Greek Ruling-Party Lawmakers More Than Doubled Wealth Since 2019
The data show that New Democracy lawmakers recorded by far the largest increase.
Greek Tourism Industry Warns New Framework Could Deter Investment
Kyriakos Mitsotakis presented the new Special Spatial Planning Framework for Tourism as a key pillar of the government’s strategy to balance growth with the protection of destinations increasingly strained by rising visitor numbers.
Pre-Set Buyback Formula Fuels Debate Over Greek Loan Portfolios
Under the securitization documents, doValue can exercise the repurchase option on any interest payment date by notifying the issuer between 30 and 60 days in advance.
Antigua Court Halts Alki David Suit Tied to Carbon-Credit Venture
David claimed the initiative could absorb between 17 and 19 million metric tonnes of carbon annually and generate approximately $8bn a year through carbon credit markets.
Spyware, Democracy and Oversight Take Center Stage in Athens as Predator Case Deepens
Athens is set to host a major public discussion this week on the global spyware industry and its implications for democratic governance.
Owning Assets in Greece Means Tax Obligations Persist for the Diaspora
While foreign tax residents are generally exempt from filing tax returns in Greece if they have no local income, obligations tied to property ownership and inheritance remain firmly in place.
EU Anti-Money-Laundering Watchdog Moves Toward First List of Banks for Direct Oversight
National supervisory authorities will gather information from the banks and financial institutions under their oversight and submit it to AMLA, which will conduct the final assessment of which firms meet the criteria for direct supervision.
Greece’s PPC Uses New EU Disclosure Framework for Equity Raise
The EU Follow-on Prospectus was introduced to simplify fundraising procedures for companies with an established market presence.
Greek Power Group PPC Launches Capital Increase to Fund 2030 Strategy
Under the initial allocation framework, 15% of the new shares will be reserved for the Greek public offering.
Greece Races Against Time to Deliver Remaining EU Recovery Fund Projects
The final stage is proving especially difficult because many of the most demanding projects were pushed toward the end of the implementation period in order to accelerate the early flow of EU funds into the economy.
Greece’s PPC Targets Up to €4.3 Billion in Landmark Share Sale
The Greek government, which intends to preserve its 33.4% blocking minority stake, is expected to invest as much as €1.43 billion if the deal reaches its maximum size.
Tax Compliance Improves in Greece, but EU Gap Remains Wide
Value - added tax generated €4.76 billion in timely payments out of total liabilities of €5.88 billion, corresponding to a compliance rate of 80.87%.
Pierrakakis Heads to G7 After High-Level Costa Navarino Talks
Pierrakakis will then travel to Paris to take part in the G7 meeting of finance ministers and central bank governors on May 18-19.
Greek Defense Minister Says Ukraine Must Explain Drone Discovery Near Greek Shipping Route
“All our islands have exactly the rights provided for under the Convention on the Law of the Sea—no more and no less,” he said, in remarks widely interpreted as directed at Ankara’s longstanding objections to Greece’s maritime claims around its islands.
Ex-Minister Challenges Prosecutors Over Handling of Greek Spy Probe
He argued that if Tzavellas had already stepped aside from the case voluntarily, there would no longer be grounds to examine the recusal request.
IMF Says Greece’s Quiet Recovery Was Built on a Tax Revolution
The IMF divides Greece’s reform effort into three phases: stabilization between 2010 and 2012, institutional restructuring from 2013 to 2017, and an accelerated digital transformation beginning in 2018.
Greece Opens Public Land to Private Developers Under New Social Housing Framework
The structure of the program appears tailored to favor large corporate groups with deep financing capacity and access to bank lending.
Brussels Faces Pressure to Examine European Dimension of Greek Surveillance Affair
The case became a major political controversy in Greece after revelations that opposition politicians, journalists and other figures had been monitored, prompting investigations by both the Greek parliament and the European Parliament.
Europe Faces New Energy Squeeze as Gulf Crisis Threatens Gas Supplies
European gas inventories are currently around 30% full, compared with roughly 50% at the same point last year, according to Mytilineos.
Greek Households Retreat Into Survival Mode as Inflation Bites
For millions of Greek households, the economic scars of Europe’s decade-long debt crisis never fully healed.
Greece Imposes Strict Rules on AI Use in Schools
The measures apply to all secondary schools in Greece, including both in-person and remote learning environments.
Sea Drone Incident Near Greece Underscores Spread of Ukraine Conflict
According to Greek government sources cited by local media, investigators believe the explosive-laden drone was likely intended to strike a Russian commercial vessel transiting the Adriatic Sea.