News In English
A “French-Style” 2% Tax on Greek Billionaires: How Much Could It Raise?
In France, a fierce political debate has erupted over a proposal to impose a 2% levy on fortunes exceeding €100 million.
Greece on the Global Catwalk of Luxury Tourism
Haute couture has long dominated the world’s catwalks, but in recent years it has found a new stage: the luxury hotel and resort sector.
Despite Economic Pressures, Greece’s Luxury Car Market Accelerates
Greece’s appetite for luxury cars is accelerating, with more and more supercars and high-end SUVs making their way onto the country’s roads.
How Supermarket Sales Strengthened Greece’s Public Finances
Supermarkets have emerged as a key source of VAT revenue for Greece in the first seven months of 2025, as a rebound in consumer spending drives both turnover and state receipts.
Resilient but Facing Headwinds: Bank of Greece Warns on Sector Risks
Although recent stress tests bolstered confidence, the Bank of Greece underlined that geopolitical tensions, trade frictions and a potential reversal in international interest rate trends could yet weigh on the sector’s performance.
Greece Bets on AI and Automation in Landmark Tax Administration Reform
Tax returns will be pre-filled automatically with existing data, while taxpayers will receive personalized reminders and guidance.
Kimberly Guilfoyle Becomes First Woman U.S. Ambassador to Greece
The United States Senate has confirmed Kimberly Guilfoyle as the next American ambassador to Greece, a move Washington views as strategically important amid shifting dynamics in the Eastern Mediterranean.
Critical Drug Shortages in Europe: The Case of Greece
Critical medicine shortages continue to grip Europe, with Greece emerging as one of the countries most affected, according to a 2025 report by the European Court of Auditors.
Brussels Warns Greece Over Farm Subsidy Scandal as Minister Moves to Calm Fears
The European Commission has issued a stern warning to Greece, cautioning that the country could lose access to crucial agricultural subsidies unless it submits a strengthened action plan by October 2 to address widespread fraud and mismanagement of EU funds.
The die is cast: Samaras to launch new party – Political developments set to accelerate
Former Greek Prime Minister Antonis Samaras is preparing to announce the formation of a new political party, a development that could reshape the country’s political landscape and accelerate tensions within the ruling establishment.
Greece Rolls Out Data Platform to Strengthen Anti-Money Laundering Controls
A new digital platform designed to combat money laundering and the financing of terrorism has been unveiled in Greece, marking a significant step in the country’s efforts to modernize financial oversight.
Brussels to Scrutinize Greece’s 2026 Budget and Surplus Targets
The European Commission is preparing to put Greece’s finances under the microscope at the end of the month, with a focus on the 2026 budget, the closing figures for 2025, and the near-complete rollout of the EU’s Recovery Fund.
Greek Trade Union Calls Nationwide Strike Over 13-Hour Workday Plan
Greece’s largest trade union has called a nationwide 24-hour strike for Wednesday, October 1, in protest against government labor reforms that it says threaten workers’ rights and well-being.
Greece Races Toward a Digital Tax and Customs Overhaul by 2026
Greece is preparing for a major digital transformation of its tax and customs administration, with sweeping changes expected to be completed by 2026.
How Greece’s Housing Market Jumped 61% Since 2019
Between early 2019 and mid-2025, apartment prices in Greece soared by a cumulative 61.3 percent in nominal terms, according to official data from the Bank of Greece.
Greece braces for impact of potential livestock lockdown
Authorities have launched a ten-day emergency operation, following a meeting with regional governors, to mobilize veterinary services nationwide.
Greece Launches Innovation and Infrastructure Fund to Attract Global Investment
HIIF is part of the transformation of the Hellenic Corporation of Assets and Participations into a modern Sovereign Wealth Fund.
Greek Lender CrediaBank Expands Abroad with Deal for HSBC Malta
For CrediaBank, the deal represents a transformative leap.
Migration Pressures Mount for Greece as EU Misses Aid Targets
In its Special Report 17/2025, the Court warns that the EU is off track to meet its 2030 pledge to direct 25 percent of its trade-related assistance to least developed countries.
Trial Over Greek Surveillance Scandal to Test Mitsotakis Government
Greece’s most significant political scandal in years is set to return to center stage as the trial over the country’s wiretapping affair opens on 24 September, putting fresh pressure on Prime Minister Kyriakos Mitsotakis and his government.
Greece Leads Europe in Unmet Healthcare Needs
Greece records the highest rate of unmet healthcare needs in the European Union, according to Eurostat.
U.S. Embassy in Athens Prepares for Guilfoyle’s Arrival, Opens Security Post
Preparations are in full swing at the United States Embassy in Athens ahead of the expected arrival of Kimberly Guilfoyle, who is set to take up her post as U.S. Ambassador to Greece.
Greece Eases Path to Citizenship for Vocational School Graduates
Foreign students graduating from Greece’s Vocational High Schools (EPAL) will now find it easier to apply for citizenship, following a new ruling by the country’s Legal Council of State.
Greece Challenges Turkish-Libyan Maritime Claims with UN Letter Amid Chevron Bid
The Eastern Mediterranean is once again a focal point of global energy and geopolitical competition.
Metro, Trams and Buses Ran All Night in Athens for the First Time
Athens rolled out its first ever 24-hour public transport service this weekend, with the metro, tram and buses running through Saturday night into Sunday morning.
Greek Shipping Maintains Global Lead Despite Challenges
Greek shipping has retained its commanding position on the global stage, undeterred by geopolitical turmoil, tighter environmental rules and the uncertainty over future fuels.
Greek Professionals Shine Among Finalists at the 2025 Global Regulatory Awards
The 2025 Global Regulatory Awards (GRAs), set to take place in London on November 19, will feature a strong Greek presence among this year’s finalists.
Billionaire Len Blavatnik Granted Honorary Greek Citizenship
Billionaire businessman and philanthropist Len Blavatnik has been granted honorary Greek citizenship, along with his 21-year-old son, Ariel.
Androulakis: New Democracy Must Go Into Opposition
The PASOK leader accused the government of using inflation and high prices as a political tool.
Greek Neo-Nazi Party Founder Freed to Serve Sentence Under House Arrest
The decision comes just a year after another Lamia court annulled his earlier conditional release.