News In English
Metlen Secures $3.5 Billion Alumina and Bauxite Deal with Rio Tinto
Metlen has signed two strategic agreements with Rio Tinto, securing a long-term bauxite supply and alumina distribution deal worth approximately $3.5 billion.
Greece Joins France’s Second Meeting on Ukraine and European Security
Greece Joins France’s Second Meeting on Ukraine and European Security.
JP Morgan Secures Legal Victory in UK Court Against WRL in Dispute Over Viva
JP Morgan announced on Tuesday that it has secured a legal victory in its dispute with WRL and its founder, Harry Karonis, following a ruling by a UK court.
Alpha Bank Pays Tribute to Spyros Filaretos at Alpha Day
Alpha Bank’s annual “Alpha Day” celebrated employees and the new year, featuring a heartfelt tribute to retiring executive Spyros Filaretos after 40 years.
New Customs Reforms in Greece Aim to Streamline Trade and Improve Oversight
Greece is overhauling its customs procedures with new Customs Audit Centers (TEK) and updated regulations.
EU Deploys EIB to Cut Energy Costs - What It Means for Greece
The European Commission is launching a new initiative to support energy-intensive industries, with the European Investment Bank (EIB) playing a key role in lowering energy costs and boosting competitiveness.
When the Tax Office Won’t Listen: A Costly Fight for Justice in Greece
Greek tax authorities have revised a 2015 tax return following a court ruling in favor of a taxpayer who was unfairly overtaxed due to a misclassification of income. The case highlights broader issues within Greece’s tax administration and the challenges taxpayers face when disputing erroneous tax decisions.
Surge in Highway Traffic Outpaces Vehicle Growth in Greece
A significant trend has emerged in Greece’s highway traffic, with data from 2024 showing a notable increase in vehicle passages on roads managed by the GEK TERNA Group. Attiki Odos, the key toll road serving Athens, recorded a 5.81% annual rise in crossings, reaching 100.2 million in 2024, up from 94.7 million the previous year.
Greek IT Firm Denies Involvement in Russian Hack of European Medicines Agency
According to Volkskrant, the breach began in July 2020 and continued undetected for four months until EMA discovered it on December 1 of that year.
Social Media Dominates News Consumption Among Greek Youth
Instagram has emerged as the most popular platform for news among young Greeks, with 52% using it to stay informed. TikTok is also gaining traction, particularly among teenagers.
Food Prices in Greece Skyrocket While Wages Lag Behind
Over the past four years, food prices have surged by more than 30 percent.
Seismic Swarm Between Santorini and Amorgos Underlying Volcanic Activity, Experts Warn
Seismologist Kostas Papazachos has warned that the tremors in the area of Santorini could persist for another two to three months.
Celebrating Maria Callas: Documentary Focuses on the Diva’s Roots in Greece
Featuring rare archival footage, previously unreleased recordings, and interviews, "Mary, Mariana, Maria" sheds light on Callas's personal and artistic growth in wartime Athens, as well as her return to Greece in 1975 as an internationally renowned opera star.
Greek Shipping Solidifies Global Leadership, Controlling 20% of World’s Deep-Sea Fleet
With over 5,000 vessels under Greek management, Greece leads the world in transporting liquid and liquefied gas cargos and holds the second-largest market share in dry bulk shipping.
Seismic Activity Near Santorini Eases, But Experts Remain Vigilant
Over 19,200 earthquakes have been detected in the Santorini-Amorgos seismic zone since the activity began on January 26.
Greek Politics in Turmoil: Mitsotakis, Opposition Battle Over Train Crash Inquiry
His critics argue that while Mitsotakis publicly champions the independence of Greece’s institutions, his government has repeatedly interfered in judicial matters.
Greece Launches "Renovate - Rent" Program to Boost Long-Term Rentals
With a total budget of €50 million, the program provides subsidies covering up to 60% of renovation costs, with a maximum eligible expense of €13,500 and a maximum grant of €8,000.
Greek Parliament Set to Relaunch Probe into 2023 Train Crash Controversy
The Greek Parliament is taking a step forward in investigating again the 2023 Tempi train crash, a disaster that claimed 57 lives and remains a point of contention in the country’s political landscape.
Greece Moves to Ease Tax Burden on Non-Profits Amid Legal Ambiguities
A new legislative initiative is set to tackle the legal hurdles that threaten the financial sustainability of non-profit organizations in Greece. The Finance Ministry plans to introduce reforms in parliament by March, focusing on the taxation framework that has long disadvantaged the sector.
EU’s Proposed Defense Spending "Escape Clause" Poses Risks for Debt-Laden Greece
The European Commission’s proposal to introduce an “escape clause” for defense spending has sparked concern over its potential impact on Greece, a country still struggling with one of the highest debt burdens in the Eurozone.
Athens College Opens Applications for 2025-2026 Scholarships
Athens College, a prestigious institution founded in 1925, continues its long-standing tradition of providing financial aid through scholarships for the 2025-2026 academic year. These scholarships, a fundamental part of the school’s educational and social philosophy, support students with exceptional academic achievements as well as those in need of financial assistance.
Greek MEP Questions Government’s Controversial Lobbying Contract in Washington
Farantouris, a member of the European Parliament’s Committee on Security and Defense, pointed to recent reports from international media, including EU Observer, that reveal the lobbying agreement.
Beyond the Stereotypes: The Reality of Sex and Relationships in Greece
Many Greeks are disengaging from both love and sex.
Sorbonne Paris Nord Seeks to Establish Greece’s First Non-State University
The French public university Sorbonne Paris Nord has submitted an application to establish Greece’s first non-state, non-profit university, marking a significant development in the country's higher education system.
Greece’s Inflation Rises 2.7% in January 2025, Slowing from Previous Year
Inflation in Greece rose by 2.7% in January 2025 compared to the same month in 2024, according to data from the Hellenic Statistical Authority (ELSTAT).
Greek Finance Minister Rules Out Pension Back Payments and Public Sector Bonuses
The Greek government has officially ruled out reinstating public sector holiday bonuses and paying retroactive supplementary pensions to retirees who did not take legal action.
Greece’s Political Reset? The Limits of a Cabinet Reshuffle
Speculation is growing that Greek Prime Minister Kyriakos Mitsotakis is planning a sweeping reshuffle,
Automatic Tax Reporting in Greece: How New Rules Will Impact Companies
One of the most notable updates is the automatic recording of revenue for businesses that issue invoices through myDATA.
Greek Opposition Leader Accuses Government of Cover-Up in Tempi Train Disaster
Androulakis accused the government of strategically spreading misinformation.
Greece Leads Europe in Homeownership, But Financial Pressures Are Mounting
The study reveals that 64 percent of Greeks own at least one home, slightly above the European norm.
Greek Households Struggle as Income Covers Just 23 Days Per Month
Despite a slight improvement in economic indicators, financial hardships remain widespread, as six out of ten households report that their monthly earnings are insufficient to cover all expenses.