News In English
Trump's Hormuz Transit Fee Proposal Mirrors Plan by Greek Shipowner Marinakis
The Strait of Hormuz carries a substantial share of global crude oil and liquefied natural gas exports, making it the world's most important maritime energy passage.
Europe Grows Through Immigration While Greece's Population Shrinks
The European Union's population continued to grow for a fifth consecutive year in 2026, but the expansion is being sustained almost entirely by immigration rather than natural population growth, underscoring a widening demographic divide across the bloc.
Inflation Is Erasing Greek Pension Increases, Leaving Government Scrambling for New Relief
Greek pensioners are set to lose more purchasing power in 2026 as stubborn inflation continues to outpace pension increases, exposing the limits of government efforts to cushion retirees from the rising cost of living.
When Greece Pays for Delays, Nobody Seems to Be Responsible
In Greece, large public infrastructure projects tend to follow a familiar script. They begin with ceremonial contract signings, optimistic completion dates and political promises that another landmark investment is finally underway. Months later come the inevitable delays, revised timetables and mounting costs.
Niarchos Family Member Launches Athens-Based Art Venture
Ines Sophia Niarchos, the youngest daughter of Greek shipping heir Spyros Niarchos and fashion icon Daphne Guinness, has launched a new art-focused business in Athens together with Rafael Louis Wallon Brownstone.
Greece Steps Up Lobbying Effort in Washington Over Potential Turkish F-35 Acquisition
Greece has intensified diplomatic efforts to persuade U.S. policymakers against any move to allow Turkey to acquire or rejoin the F-35 fighter jet program, warning that such a development could undermine security and strategic stability in the Eastern Mediterranean.
Greek Home Prices Continue to Rise, but Pace of Growth Slows as Rental Market Remains Tight
Greece's residential property market continued to expand in the second quarter of 2026, although the rapid surge in home prices that characterized recent years is beginning to lose momentum.
Greece Launches Digital Registry to Track Corruption Cases From Investigation to Final Judgment
The registry is designed to generate real-time data on the number and type of corruption cases, the length of proceedings, procedural milestones and the penalties imposed.
Greek Courts Curb Loan Servicers’ Foreclosure Tactics
Judges have increasingly relied on the provision to invalidate payment orders, property seizures and foreclosure auctions that they consider unnecessarily punitive or inconsistent with a creditor's own conduct.
Housing Crisis Drives More Greeks Into Renting as Homeownership Declines
Across the European Union, homeownership remains the dominant form of housing, although its share has gradually declined in recent years.
Aktor to Buy 50% of Greece's Diodoriga Gas in Bid to Revive €500 Million LNG Terminal
Aktor's entry is expected to revive a project that has remained largely dormant for several years as it awaited a final investment decision.
SYRIZA Leader Sokratis Famellos Resigns, Citing Divisions Across Greece's Left
"I am resigning as president of SYRIZA–Progressive Alliance," Mr. Famellos said. "I neither want nor can become part of this division at such a critical political moment for our country.".
Greeks Lose Faith in Public Institutions as Trust Hits Multi-Year Low, Survey Finds
A nationwide survey conducted by polling firm MRB shows trust in institutions has steadily deteriorated since 2019, with skepticism now outweighing confidence for the first time in the series.
Greece Introduces Bureaucracy Reduction Index to Measure Public Sector Reform
A higher score will indicate lower levels of bureaucracy and greater administrative efficiency.
Greek Ruling Party Blocks Key Witnesses in Spyware Inquiry, Drawing Opposition Fury
The dispute erupted after opposition parties requested testimony from Grigoris Dimitriadis and Tal Dilian.
Erdogan Rebukes Greece Over F-35 Opposition, as Mitsotakis Warns NATO Over Turkey’s Casus Belli
Speaking after the NATO summit in Ankara, Erdogan dismissed objections from both Greece and Israel, insisting that neither country had any say over Turkey’s defense procurement.
Greek House-Price Growth Shows Signs of Cooling
The moderation suggests that Greece’s property boom, fueled in recent years by foreign demand, tourism, short-term rentals and renewed mortgage activity, may be losing some momentum.
Pressure Mounts on Intellexa Network Over Links to Greek Intelligence
For Intellexa’s orbit, the message is clear: silence is becoming harder to sustain.
Five Realities About Greece and the New Defence, Security and Resilience Bank
The institution is the first international bank designed specifically to fund defence-related and strategic infrastructure projects at a time when NATO members are sharply increasing military spending.
Greece's Tourism Boom Remains a Two-Month Affair, Eurostat Data Show
The data highlight a longstanding challenge for Greece's tourism industry, one of the country's key economic pillars.
EU Recovery Funds Spent Billions on Home Energy Retrofits With Limited Returns, Auditors Say
Despite the differences in scale, Greece and Italy shared a common shortcoming: most of the money did not go toward deep energy renovations capable of reducing household energy consumption by more than 60%.
EU Anti-Money-Laundering Watchdog Seeks Overhaul of Cross-Border Intelligence Sharing
The European Anti-Money Laundering Authority (AMLA) on Tuesday launched a public consultation on draft regulatory technical standards that would introduce a common EU framework for identifying and handling money laundering cases spanning multiple member states.
Greek Spyware Scandal Reignites as Former PM Samaras Demands Supreme Court Probe
"Such a matter cannot remain in darkness or silence," Samaras said in the filing, according to Greek media reports.
Mitsotakis Under Pressure as Poll Reveals Eroding Confidence in Government
The survey by pollster Prorata found, among others, that nearly two-thirds of Greeks believe the country is moving in the wrong direction.
Greece's Gas Corridor Wins Long-Term Bookings as Region Seeks Alternatives to Russian Supply
The annual capacity auction, held by Greece's gas transmission operator DESFA, also drew commitments extending to the 2040-41 gas year, an unusually long time horizon for a region still reshaping its energy map after Russia's invasion of Ukraine.
Greece Moves to Toughen Financial Crime Controls Ahead of EU AML Push
The new Action Plan for the Prevention and Combating of Money Laundering is expected to be endorsed on Tuesday.
Russian Pranksters Reject Greek Claims of AI-Powered ‘Hybrid Attack’ After Duping Prime Minister’s Security Adviser
"Do you really believe that intelligence services use Gmail to deceive national security advisers?" one of the pranksters said.
Pegasus Spyware Case Targeting Former MEP Escalates to Israel, Raising Questions Over Interference in European Parliament Probe
The allegations could create fresh friction between Israel and the European Union, which has repeatedly expressed concern over the use of commercial spyware against public officials, journalists and civil society figures.
Small Greek Businesses Face Rising Borrowing Costs as Banks Shield Larger Clients
The divergence reflects both intense competition among Greek banks to finance large investment projects linked to the European Union's post-pandemic Recovery and Resilience Facility and the stronger negotiating position of large corporations.
Greek Commercial Property Market Roars Back as Investment Hits Record Levels
According to a study by Alpha Bank, a rebound in construction activity is creating a new pipeline of high-specification properties.
Greek Lawyers Refuse to Implement Decree Offering €250 Payments for Asylum Seekers' "Voluntary" Departures
Lawyers become eligible for an additional €250 payment if an asylum applicant they have advised applies for "voluntary departure" within two months of receiving legal guidance.