News In English
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.
Greek Data Point to a Disconnect Between Wholesale and Consumer Prices
A recent announcement by Greece's independent market watchdog suggested that food prices are finally easing.
Greek Opposition Party ELAS Calls for End to Golden Visa and Curbs on Airbnb to Ease Housing Crunch
At the center of ELAS's plan is the creation of a non-profit public agency that would manage mortgage loans and state-owned real estate assets.
Pierrakakis Bets Europe’s Airwaves Can Finance Its Tech Sovereignty
At the center of the initiative is the development of 6G networks, which are expected to provide the infrastructure for the next generation of AI applications, industrial networks, autonomous systems and advanced defense capabilities.
From Mykonos to Mayfair, a Greek Restaurant's Link to a £325 Million Financing Deal
The financing is being arranged by HSBC UK, Barclays and Santander UK. HSBC Bank is acting as agent, while HSBC Corporate Trustee Company will serve as security trustee.
Poll Shows Mitsotakis Under Pressure as Samaras Gains Traction Among Right-Wing Voters
The survey by Metron Analysis, published on Thursday, put Mitsotakis's center-right New Democracy party at 25% in voting intention, up from 22.7% a month earlier.
Greek Courts Take More Than Six Times Longer Than EU Average to Deliver First-Instance Rulings, Study Finds
The most severe delays are found in civil and commercial litigation, where the estimated time needed to resolve a case has reached 737 days, according to the study.
Former European Parliament Member Stelios Kouloglou Targeted by Pegasus While Probing Europe's Illegal Surveillance Scandal
Kouloglou's mobile phone was infected at least twice with Pegasus, the sophisticated spyware developed by the Israeli company NSO Group.
Vangelis Marinakis Unveils €250 Million Stadium Vision to Transform Olympiacos and Piraeus
The development would create Greece's largest football stadium, with a capacity exceeding 53,000 seats.
Firebomb Attacks on Greek Ruling Party Officials Turn Deadly
According to the Hippokrateio Hospital in Thessaloniki, the 72-year-old woman suffered burns covering approximately 80% of her body and died on Wednesday evening from multiple organ failure.
Most Greeks Favor a Second Election if No Majority Emerges, Poll Shows
A partnership between New Democracy and PASOK was favored by 11.2% of respondents, while 10.1% backed a coalition between New Democracy and smaller right-wing parties.
Greek Government Denies Plan to Aid Intellexa Founder Amid Backlash Over Predator Spyware Scandal
Despite government denials that any legislative initiative is under consideration, opposition parties say they remain unconvinced.
Euronext Athens to Spin Off Market-Operator Unit Into Wholly Owned Subsidiary
Under the transaction, Euronext Athens will contribute the market-operator business to the subsidiary in exchange for newly issued shares, retaining full ownership of the entity.
Fewer Cattle, Sheep and Goats Leave Greece Grappling With Costlier Meat
New data from Greece's statistical authority and Eurostat suggest that European livestock farming is facing a deep and prolonged downturn.
Greece's Profitable, Tax-Free Banks: An Uncomfortable Debate
The real question is why, more than a decade after the sovereign-debt crisis, a substantial portion of Greek banks' capital still rests on future tax claims against the state.
Greece Adopts New Rules Defining When Crypto Tokens Qualify as Financial Instruments
The rules, published this week in the government gazette, establish when a crypto asset should be treated as a financial instrument under European law.
New Polls Show Greece's Political Landscape Shifting as Tsipras Returns
The biggest gains from the polls were recorded by the Hellenic Social Alliance, or ELAS, the new political formation headed by Mr. Tsipras.
Greece Overhauls Tax Treatment of CFDs, Eliminating VAT and Transaction Levies
The policy change follows a review by the European Union's VAT Committee, which concluded that payments made under CFD agreements do not constitute consideration for a service.
Motor Oil Opens Exclusive Negotiations With AKTOR Over Environmental Assets
According to the companies, the transaction could be structured either through the purchase of a 75% stake in Manetial Limited
Tsipras Calls for U.S.-Greece Ties Based on ‘Mutual Benefit,’ Rejects ‘Blank Check’ Alliance
The meeting focused on developments in Greece and the broader Eastern Mediterranean, as well as the future direction of relations between Athens and Washington.
Greece's Recovery Is Real - but So Are Its Structural Problems
Three recent reports suggest a more nuanced picture, one in which impressive headline figures continue to mask deep structural weaknesses.
Greek Government’s Push to Tackle High Prices Faces Long Odds
At the heart of the problem is the nature of inflation in Greece itself
Oaktree’s Exit From Greek Hospital Group IASO Hinges on Valuation
Oaktree paid roughly €185 million to acquire control of IASO and is now seeking a price that would determine whether its investment in Greece ultimately delivers a meaningful return.
Greek Insurers Price Out Holders of Lifetime Health Policies
The average annual claims cost per lifetime policyholder reached €950, roughly 2.6 times the cost associated with annually renewable contracts, where benefits have been significantly scaled back over the years.
Email Reveals Cyber-Surveillance Merchant's Ties to Cyprus Political Leadership
The evidence, presented in the book Cyprus: The Hub of Surveillance by Cypriot journalist Fanis Makridis, includes a 2019 email sent by Dilian to the office of Averof Neophytou, then leader of the center-right Democratic Rally (DISY), which governed Cyprus under President Nicos Anastasiades.
Mitsotakis Bets on Tax Cuts and Income Support Ahead of Next Election
The government's economic team has estimated that it will have roughly €1.15 billion ($1.3 billion) in fiscal space available for next year's measures.
Greece Is Richer. So Why Do So Many Greeks Still Feel Poor?
Greece's long economic nightmare may be over on paper, but for millions of households the recovery remains elusive.
Greek Tax Appeals Body Clarifies Inheritance Tax Exemption for Overseas Bank Deposits
The Greek tax authority rejected the exemption and issued an additional tax assessment, arguing that the exemption did not apply.