News In English
Piraeus Bank’s ATM Spin-Off Leaves Customers Paying the Price
Piraeus sold 850 of its ATMs to a newly formed company called Cashflex—a move that is now reshaping the banking experience for everyday users.
New Study Reveals Structural Wage Imbalance in Greece and Eurozone
Between 2018 and 2023, the average wage in Greece increased by just 7%, a figure far below the Eurozone average of 19%.
OPEKEPE Scandal: Greece’s Government Faces Backlash Over Inquiry Tactics
OPEKEPE, the agency responsible for managing EU agricultural funds in Greece, is at the center of a high-profile corruption probe initiated by the European Public Prosecutor’s Office.
After Years of Delay, Bank of Greece Introduces New Governance Rules for Banks
With the introduction of Decision 243/2 on July 7, 2025, the Bank of Greece appears to be trying to reclaim its role as a serious supervisory authority.
Mitsotakis Government Under Fire as Libya Challenges Greece’s Maritime Boundaries South of Crete with Official Note to UN
Libya has formally contested Greece’s maritime boundaries south and west of Crete by submitting a diplomatic note to the United Nations, challenging Athens’ Exclusive Economic Zone claims and escalating tensions over Eastern Mediterranean energy exploration rights.
Shock Legal Reform in Greece Paves Way for Rapid Evictions and Property Seizures
Greece is poised to radically reform its foreclosure and property auction laws with a new bill that accelerates evictions and weakens homeowner protections, raising serious concerns about widespread displacement and social fallout among vulnerable populations.
24 Hours Left: Greece’s Tax Filing Period Nears Its End
Greece approaches the final 24 hours before the July 15 deadline for 2025 income tax filings, amid calls from accountants for a short extension due to technical issues, while the Ministry of Finance stands firm on enforcing the submission cutoff.
Larissa Thermoelectric Appoints New Board, Relocates Headquarters, and Tightens Shareholding Rules
Greek energy company Larissa Thermoelectric has completed a sweeping overhaul—relocating its headquarters to Athens, reshaping its board under the leadership of DEPA Commercial’s CEO, and tightening shareholder control rules—as it positions its high-efficiency gas plant as a key stabilizer in Europe’s increasingly renewables-driven energy grid.
The Hidden Price of Greek Healthcare: Why Patients Are Paying Twice
In recent years, Greece has substantially increased its public healthcare spending, with government outlays now reaching approximately €12 billion annually—close to 6% of GDP and in line with the European average.
Housing Crunch Deepens in Greece as Supply Shrinks and Prices Soar
Greece’s housing market is facing mounting pressures, as the availability of homes—both for sale and for rent—continues to decline across major urban centers.
Mitsotakis’ Sixth Year in Power Marred by Scandals, Corruption Claims, and Growing Public Discontent
Mitsotakis came to power promising to modernize Greece, bring transparency to governance, and dismantle the deeply rooted clientelist networks that had long defined the country’s political landscape.
Evangelos Mytilineos Warns: Europe’s Green Policies Are Handing the Metals Industry to Coal-Driven Rivals
Mytilineos’s comments come in response to a recent Bloomberg repor,which outlines the rapid transformation of Indonesia into a dominant force in global metals production.
Failed Bomb Plot at Greek Journalist’s Home Prompts National Outcry and Probe
Greek police are investigating a failed bomb attack outside the home of prominent journalist Giannis Pretenteris, in a case that has reignited fears over press freedom and political violence in the country.
New Bill Requires Audits for State-Funded Sports Bodies in Greece
Greece is moving to tighten financial oversight of publicly funded sports bodies, requiring mandatory annual audits for organizations receiving more than €100,000 in state support.
How the Greek State Will Manage Seized Assets Linked to Criminal Activity
Greece is moving to close a legal vacuum in its criminal justice system with new rules for managing seized assets linked to suspected criminal activity.
Greece Clarifies Debt Relief Rules for Over-Indebted Citizens
Greece’s tax authority has clarified the long-standing process for forgiving debts owed by over-indebted individuals, making clear that debt cancellation is not automatic—even after a court ruling.
GEK TERNA and Motor Oil Finalize Major Energy Sector Merger in Greece
Greece’s energy landscape is being reshaped as GEK TERNA and Motor Oil finalize the merger of HERON and nrg, creating the country’s second-largest power provider for residential and business consumers.
Greekonomics: Inequality, Low Productivity, and a Housing Crisis — Why Greece Has Fallen Behind Europe
Greece, often hailed for its resilience after a decade-long financial crisis, remains far from converging with its European partners.
Greece Rises in Popularity Among European Tourists, Spending Expected to Increase
Greece is gaining ground as a top destination for European tourists in 2025, climbing the popularity ranks especially among German and French travelers, according to new data from the Institute of the Greek Tourism Confederation (INSETE).
European Parliament Backs Ambitious UN Sustainability Goals Ahead of Global Forum
Greek MEP Nikolas Farantouris secured broad cross-party backing in the European Parliament on Wednesday for a sweeping report on the UN’s Sustainable Development Goals, positioning the EU as a global leader in the drive toward a more just and sustainable future.
Mitsotakis and Tsipras Clash as Ghosts of 2015 Haunt Greek Politics
Prime Minister Kyriakos Mitsotakis and former Prime Minister Alexis Tsipras reignited their long-standing rivalry on Wednesday, trading sharp accusations in Parliament on the anniversary of Greece’s 2015 referendum, a defining moment in the country’s recent political history.
Greek Authorities Consider Ending Daily Refinery Fuel Price Disclosures
Greece may soon stop publishing daily refinery fuel prices online, a move prompted by the country’s competition authority, which warns that the current system enables tacit price coordination between the nation's two dominant refiners.
Guilfoyle Sets Ambitious Goals for U.S. - Greece Strategic Partnership
Greece is set to become a cornerstone of U.S. defense and energy strategy in Europe, according to Kimberly Guilfoyle, the incoming U.S. Ambassador to Athens.
€5 Billion in Support Measures Gone, 13 Points Lost – Can Another €2 Billion Change Mitsotakis’s Popularity?
Over the past two years, the Greek government has poured €5 billion into support measures in an effort to maintain public backing and navigate a turbulent political landscape.
Greek Government Assesses Diplomatic Damage After Libya Incident
The Libyan statement accused the EU representatives of bypassing established diplomatic procedures for foreign officials—protocols that, according to Benghazi, had been clearly communicated in advance.
Greek Shipping Ministry on High Alert Amid Rising Threats in Red Sea
Greek authorities are in continuous, 24/7 operational contact with the EU-led naval mission ASPIDES, which is tasked with ensuring safe passage for commercial vessels through the Red Sea corridor.
DEPA-Gazprom Settlement Ends Legal Dispute, But Questions Remain Over Cost and Concessions
Executives close to DEPA CEO Konstantinos Xifaras argue that the arbitration move was a strategic masterstroke.
Commission Flags "Slow and Uneven" Progress on Rule of Law in Greece
One of the most pressing issues highlighted is the surveillance scandal involving the Predator spyware.
Greece Overhauls Rules for Seconded Public Employees
The proposed legislation introduces a significant shift in how secondments within the Greek public administration can evolve into permanent positions.
ECB Study Exposes EU's Deepening Trade Ties with Authoritarian Regimes
According to ECB, the EU has steadily increased its trade with authoritarian and non-democratic regimes over the past 25 years.
Mitsotakis Faces Tough Choices on Election Timing
The political atmosphere in Greece continues to deteriorate for Prime Minister Kyriakos Mitsotakis and his New Democracy government, particularly in the wake of the OPEKEPE scandal—a controversy involving mismanagement of EU agricultural funds.