News In English
Greece’s Wiretapping Scandal: Predator Spyware Trial Begins Amid Allegations of Cover-Up
A trial linked to Greece’s notorious wiretapping scandal begins today in an Athens misdemeanor court, but critics say it barely scratches the surface of a case that has shaken the country’s political and security landscape.
John Paulson Exits Greek Banks, Cashing in Nearly €390 Million
His sell-off began in late January, shortly after mass protests erupted in Greece over the Tempi train disaster, which fueled widespread public discontent.
Greece’s Unemployment Drops to 8.7%, But Nearly 1 in 5 Young People Remain Jobless
Greece's unemployment rate fell to 8.7% in January 2025, marking a significant drop from 11.7% in January 2024, according to data from the Hellenic Statistical Authority (ELSTAT). This decline underscores the ongoing improvement in the labor market.
European Parliament Flags Greece in Human Rights Report Usually Focused on Developing Nations
A new European Parliament report on human rights violations is set for a vote on March 11, drawing fresh criticism toward Greece over concerns related to the rule of law, human rights, and journalist safety.
Greece Becomes a Magnet for Foreign Homebuyers
Greece’s real estate market is experiencing a surge in foreign investment, with an increasing number of millionaires from abroad taking advantage of residency programs tied to property purchases.
Greek Parliament Braces for Political Showdown Following Mass Protests Over Tempi Train Disaster
Greece is bracing for a politically turbulent week as its Parliament takes center stage in the aftermath of mass protests marking the anniversary of the Tempi train disaster—one of the country's worst rail tragedies.
Greek Energy Grid at Risk Over Easter Due to Renewable Power Oversupply
Greece's electricity grid is facing a serious risk of instability during the Easter holiday, with the possibility of widespread blackouts due to the increasing dominance of renewable energy sources.
High Cost of Living Prevents Greeks from Saving
The financial strain faced by Greek consumers appears to be the biggest barrier to saving, according to a new study conducted in collaboration with Revolut, the popular financial app with over 50 million customers worldwide and more than 1 million in Greece.
Greece's Tax Authority Takes on Corruption: Key Strategy Under Review in 2025
Greece's Independent Authority for Public Revenue (AADE) is entering a critical phase in its fight against corruption within the tax administration.
Eurostat: Greece’s Inflation Drops to 3% in February
Across the eurozone, inflation also edged lower, falling to 2.4% year-on-year in February from 2.5% in January.
How Transparent is EU Funding for NGOs? Auditors Set to Reveal Findings
Non-governmental and civil society organizations play a crucial role in fostering citizen participation in EU policymaking through transparent and continuous dialogue. But just how transparent is EU funding for these NGOs?
Investors Unfazed by Tempi Protests: Greece’s Markets Brush Off Political Uncertainty
Despite concerns that the fallout from the Tempi train tragedy and the historic anti-government protests of February 28 could destabilize Greece both politically and economically, financial indicators tell a different story.
Greece Struggles to Contain Electricity Price Surge as Subsidy Costs Rise
Greece is grappling with a sharp rise in electricity prices, driven by extreme weather and a sudden spike in natural gas costs before their recent decline.
The Last Resort: The People's Verdict
Two years after the Tempi tragedy, Greece witnessed the largest protest in its history. A demonstration of unprecedented scale, yet one that also exposed the authorities' alarming inability—or, depending on one's perspective, their calculated unwillingness—to safeguard a peaceful mass movement.
Greeks Rally in Unprecedented Numbers Over Train Tragedy
A powerful moment of silence was observed as the names of the victims were read aloud, with the crowd bowing their heads in tribute.
"I Can't Breathe": Thousands to Rally Demanding Justice for Tempi Victims
The demonstrations come exactly two years after the Tempi train crash, which killed 57 people, many of them young students.
Greek Government Denied It for Two Years - Now Investigators Confirm ‘Unknown Fuel’ in Tempi Crash
The revelation that the massive fireball following the fatal train collision in Tempi, Greece, on February 28, 2023, was likely caused by an “unknown fuel” has reignited public outrage.
The €524M Nautilus Project: All Talk, No Action?
The Nautilus Project has been making headlines in Greece as a massive €524 million investment aimed at transforming the port of Astakos, in western Greece, into a premier mega yacht marina.
Eurobank Strengthens Its Diversified Business Model, Eyes Strategic Acquisitions Across Europe
Eurobank is reinforcing its position as a leading financial institution by maintaining a diversified business model that ensures both resilience and strong profitability.
Alpha Bank Bets on Cyprus Growth with AstroBank Takeover
For the second time in just 18 months, Alpha Bank’s CEO, Vassilis Psaltis, has pulled off a major deal under the radar, securing a highly profitable acquisition.
Greece Overhauls 2025 Tax Returns: Key Changes to E1 Form and Income Rules
Greece has introduced changes to its 2025 income tax return system, particularly in the E1 form, which taxpayers must submit this year.
Alpha Bank Acquires Cyprus-Based AstroBank for €205 Million
The deal is expected to be finalized in the fourth quarter of 2025.
HELLENiQ ENERGY Rewards Investors with €230 Million in Dividends After €1 Billion EBITDA
Exports now account for 54% of total sales, as HELLENiQ ENERGY continues to expand its presence in international markets.
Eurobank Achieves €1.4 Billion in Net Profits, Rewarding Shareholders with €674 Million
Eurobank’s total revenue grew by 15.6% to €3.2 billion.
EU Automotive Industry Faces Uncertain Future as Commission Prepares Key Report
The industry generates over €1 trillion annually—equivalent to 7% of the EU’s GDP.
Athens on Edge as Protesters Gather to Honor Victims of Tempi Train Disaster
Large demonstrations are expected in Athens, Thessaloniki, and other cities to mark the second anniversary of the deadly train crash in Tempi.
Greek Public Discontent Over Government
Dissatisfaction with the government’s response and the progress of the investigation for the Tempi train disaster.
Positive Signals for OTE's Performance as Data Usage and Subscription Growth Surge
The total number of OTE’s mobile subscribers reached 7.143 million.
New Bill Introduces Major Reforms to Debt Management and Borrower Protection Framework
The legislation includes a provision for the restructuring of loans that have been guaranteed by the Greek state.
Tempi Tragedy Anniversary Sparks Nationwide Strikes and Rallies
The Greek government is watching the situation closely, expressing concerns over what some officials describe as a "tsunami" of social opposition.
Widespread Distrust in Greek Institutions as Majority Doubt Justice for Tempi Victims
A new poll by Prorata reveals a deep crisis of public trust in the Greek government, judiciary, and opposition, particularly in relation to the investigation of the deadly train crash in Tempi.