News In English
Greek Farmers Escalate Protests, Reject Talks with Government
The government, meanwhile, has renewed its call for dialogue
Mounting Pressure on Mitsotakis as Former Leaders Close In
Once the undisputed leader of the broad anti-SYRIZA camp, Mitsotakis now appears politically isolated.
Greece’s Shadow Economy Still Looms Large Despite Digital Tax Reform Plans
Tax evasion remains a structural problem for the Greek economy.
Long Hours, Low Returns: The Structural Paradox of Greece’s Labor Market
Workers in Greece are employed for almost 40 hours per week, productivity reaches only about 60% of the European average.
Brussels Warns Greece Over Widening VAT Gap and Costly Tax Breaks
The most striking concern is the country’s “VAT policy gap,” which in 2023 surged to 57 percent of potential ideal revenue—roughly €29 billion.
Greek Authorities Scramble for Safer Cleanup Plan After Lavrio Defense Plant Fire
Concerns surrounding the Lavrio site have been mounting for at least seven years.
Pierrakakis’ Challenge: Building Consensus for Europe’s Next Economic Chapter
His priorities include improving macroeconomic coordination, making more effective use of Europe’s financing instruments, and promoting investment in sectors deemed strategically vital.
OPEKEPE Scandal Explodes in Greek Parliament After Key Figure Claims Right to Silence
Tension flared when Xylouris, appearing after refusing an earlier summons, declared from the outset that he would invoke the right to remain silent.
Greek PM Invites Protesting Farmers to Talks as Nationwide Roadblocks Persist
112 roadblocks have been set up nationwide, with 28 fully active and dozens more partially disrupting traffic.
Greece’s Kyriakos Pierrakakis Elected New Eurogroup President
Pierrakakis succeeds Ireland’s Paschal Donohoe, who unexpectedly announced his resignation last month to take up a senior role at the World Bank.
Eurozone Ministers Set to Choose New Eurogroup Chief Amid Tight Two-Way Race
The voting process will begin halfway through the meeting, following discussions on member-state budgets and the IMF’s assessment of the eurozone economy.
A Decade After Leaving Venezuela, Douzoglou’s Underused Greek Assets Stir Market Debate
The combined fair value of Douzoglou’s properties exceeds €54 million, underscoring the size of his investment footprint in the Greek real estate market.
Report Reveals How Employees Are Paid in Greece’s Startup Ecosystem
Only 23 percent of roles—roughly one-third of the workforce represented in the survey—receive some form of equity.
Greek Minister Confronts Revolt Within Ruling Party as Farmers’ Protests Escalate
Over four and a half hours, the discussion frequently erupted into shouting, echoing down the corridors as MPs described the political pressure they are facing from angry farmers back home.
New Key Witnesses Emerge in Greece’s Predator Spyware Trial
Among the witnesses called to testify on December 17 are individuals closely connected to Intellexa’s operations.
Greek Farmers Defy Supreme Court Order, Vow to Maintain Nationwide Blockades
Farmers assemblies held on Tuesday underscored the unified stance: the blockades remain.
Greek Public Divided Over Tsipras as Talk of a Political Return Resurfaces
The question of where Tsipras fits on the political spectrum remains unresolved for a substantial share of the population.
Aegean Disputes Resurface as Ankara Presses for Wider Talks, Athens Pushes Back
Fidan reiterated that Turkey seeks to maintain a positive agenda with Greece.
Greece’s Security Council Meets Under Cloud of NATO Procurement Allegations
The agenda includes approval of Greece’s plan to modernise its artillery with Israel’s PULS multiple rocket launchers.
Karamanlis and Venizelos Challenge Mitsotakis Over Handling of Surveillance Scandal
Kostas Karamanlis and Evangelos Venizelos issued unusually direct warnings about the state of the rule of law.
Independent Andreas Koutsolampros Elected President of Athens Bar Association, Defeating Government-Supported Rival
Koutsolampros, running as an independent, won decisively with 61.29 percent of the vote, securing 5,886 ballots.
Government Tightens Grip on Widespread Farmers’ Protests in Greece
In Crete, farmers are reportedly facing charges of forming a «criminal organization».
Showdown for Eurogroup Presidency Highlights Shifting Dynamics in the EU
Kyriakos Pierrakakis and Vincent Van Peteghem, the two candidates in the running, will appear on Thursday before the 20 finance ministers of the euro area, each seeking a key role in shaping Europe’s economic policy over the next three years.
Covalis Rekindles Short-Selling Battle With Metlen
Several market observers point to Metlen’s method of joining the London Stock Exchange as a key factor behind the recent pressure.
Legal Loopholes and Slow State Action Spark Land-Claim Disputes in Greece
Once a property is classified in the Cadastre as having an “unknown owner,” it can no longer be declared directly by a private citizen.
Intellexa Under Fire Worldwide as Greek Court Probes Illegal Surveillance
The case revolves around four business figures accused of involvement in the development and deployment of Predator.
Risk of a New Rent Surge as Greece Weighs Minimum Lease Threshold
According to market insiders, a state-imposed minimum would likely become a new baseline for pricing across the rental sector.
Climate Change and Overbuilding Are Undermining Greece’s Winter Holiday Home Market
Climate change has become a crucial factor in the sector’s continued weakness.
As AI Fuels a Global Energy Arms Race, Greece Moves to Claim Its Share
This strategic direction becomes even more compelling when viewed against the backdrop of the global AI race.
Greece’s Boom in Gross Fixed Capital Formation Masks Long-Term Structural Concerns
The broader challenge for Greece is to convert this short-term investment momentum into lasting economic transformation.
Greek Farmers Launch Largest Protest in a Decade as Blockades Spread Nationwide
Farmers and livestock breeders across Greece are mounting their largest mobilization in a decade, bringing an estimated 7,500 to 8,000 tractors onto roads nationwide.