News In English
Super Puma Arms Deal Trial Underway – Spotlight on KESTREL Executives Tsatsos and Komnopoulos
A long-awaited corruption trial is underway in Athens, shedding light on one of Greece’s most notorious defense procurement scandals involving the purchase of Super Puma helicopters.
How the Surge in Electronic Payments Boosted Greece’s Public Revenues
Greece saw a notable boost in public revenues in 2024, thanks to a rapid rise in electronic payments and a sweeping digital overhaul of how businesses issue receipts and report income.
Intralot Reaches $5 Million Settlement in Washington, D.C.
Greek gaming technology company Intralot has reached a $5 million settlement through its U.S. subsidiary, Intralot, Inc., with the Office of the Attorney General for the District of Columbia.
Severe Weather Batters Cyclades: Mykonos and Paros Among Hardest Hits
Severe weather battered the Cyclades islands in Greece on Monday afternoon, with Mykonos and Paros facing some of the most extreme conditions.
Greek Families Face Soaring Costs for Private Tutoring, Exposing Deep Inequalities
Urban households spend significantly more than rural ones, and wealthier families have far greater access to tutoring services.
Athens Stock Exchange Plunges 2.91% Amid Trump Tariff Fears
The benchmark General Index dropped 2.91% to 1,685.24 points, finishing near the session’s lows.
The Church of Greece’s Ambitious FinTech Bank Plan Raises Eyebrows
A recent exposé by the Sunday edition of Kathimerini, one of Greece’s leading newspapers, revealed that the Church of Greece is backing a bold and controversial plan to establish a digital bank—an initiative that has stirred both surprise and skepticism.
ICAP Challenges Greek Defense Systems Tender
Greek firm ICAP Outsourcing Solutions has filed a legal appeal against a public tender issued by Hellenic Defense Systems (EAS), alleging that the terms of the tender are unlawful and unfairly restrictive.
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.