News In English
Greece’s Business Licensing Platform Missing Key Controls
While the platform is fully operational for licensing procedures, the mechanisms for supervision and enforcement were left out of the initial rollout.
PPC’s €12 Billion Green Investment to Transform Western Macedonia
Western Macedonia, long known for its role in Greece’s lignite-based energy production, is poised for a dramatic transformation. Public Power Corporation (PPC), Greece’s largest energy provider, has announced a sweeping €12 billion investment plan designed to pivot the region from fossil fuel dependency toward a future defined by clean energy and technological innovation.
Greek Exporters on Edge as Trump’s Tariff Plans Threaten Key Food and Beverage Sectors
Greece is watching with growing concern as the Trump administration moves forward with plans to impose new tariffs on European goods, a development that could have serious implications for one of the country’s most successful export sectors—food and beverages.
Mitsotakis Nears Record Low, Poll Show
A new nationwide poll conducted by Public Issue in March 2025 paints a bleak picture of Greece’s political landscape.
Piraeus Port Authority Takes Tax Dispute to Court
According to the tax authority, the company owed an additional €5.23 million in income taxes.
National Bank of Greece Offloads Probank Leasing to Arena-Backed Fund
Arena Investors, the U.S.-based asset management firm headquartered in Florida, has acquired Greek financial leasing company Probank Leasing, marking another significant step in the restructuring of Greece’s non-performing asset landscape.
Greece Extends Deadline for Parnitha Casino Relocation to 2028
The Greek government has approved a three-year extension for the relocation of the Mont Parnes Casino from its current location in the Parnitha National Park to a new site in Marousi, a northern suburb of Athens.
Draft Bill Enables Greek Banks to Carry Forward Tax Losses After Mergers
Greece is rolling out a new tax regime aimed at making bank mergers more financially attractive and strategically viable.
Youth and Gender Disparities Persist Despite Decline in Greek Unemployment
Greece’s labor market showed promising signs of recovery in February 2025, with the national unemployment rate falling to 8.6%, according to new data released by the Hellenic Statistical Authority (ELSTAT).
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.