News In English
Greece Clears Fast-Track Compensation for Victims of Tempi Train Disaster
The proposal was put forward by Finance Minister Kyriakos Pierrakakis and Deputy Infrastructure and Transport Minister Konstantinos Kyranakis.
Greece’s Former President Warns of Rule-of-Law Erosion Amid Wiretapping Scandal
Pavlopoulos criticized both the government and elements of the judiciary, following a decision by prosecutors not to reopen the case.
Greece’s Ruling Party Slumps as Anger Grows Over Economy and Scandals
The political opposition has yet to capitalize decisively on the government’s troubles.
Trump-Connected Investor Pitches Billions in Greece, but Raises Eyebrows
In the U.S., Mr. Bernstein was linked to the bankruptcy of private aviation company JetReady, which filed for protection in 2020 with millions of dollars in unpaid debts.
Eurobank CEO Says Stability, Not Stimulus, Is Key as Global Uncertainty Grows
At a time of mounting global uncertainty, the chief executive of Eurobank used his annual address to deliver a clear message: economic resilience depends on discipline long before a crisis hits.
Greece Bets on Pharmaceutical Exports to Drive Growth and Strategic Autonomy
Prime Minister Kyriakos Mitsotakis on Tuesday pledged expanded government support for Greece’s pharmaceutical exports, casting the sector as a pillar of economic growth and a strategic asset for Europe, as he toured new production facilities in the southern city of Tripoli.
Greek Lawyers Rebuke Top Prosecutor Over Wiretapping Case Closure
Greece’s legal community has sharply criticized a decision by the country’s top prosecutor, Konstantinos Tzavellas, not to reopen a high-profile wiretapping investigation, warning that the move risks eroding public trust in the justice system and raising broader concerns about the rule of law.
U.S., Greek Firms Back $6 Billion LNG Project in Albania
Albania has signed a $6 billion energy agreement with U.S. and Greek partners to secure long-term supplies of liquefied natural gas, in a move that could reshape energy flows across southeastern Europe and carry implications for regional allies including Greece.
Bank of Greece Says Systemic Risks Remain Stable in Second Quarter
While overall risks appear contained, the central bank flagged early signs of pressure building in selected areas, including corporate borrowing, rising residential property prices and the country’s current-account balance
Greece Joins France and Norway in New Push for Digital Ocean Governance
The country brings significant maritime credentials to the table, including one of the world’s largest commercial shipping fleets and a long-standing presence in ocean research.
OPAP Board Signs Off on Interim Results, Greenlights Executive Payouts
Operating expenses included €8.45 million in payroll, €6.34 million in marketing and advertising, and €11.79 million in other operating costs. Financial expenses, largely tied to borrowing, came in at €3.64 million.
Greece’s Wiretapping Controversy Deepens After Supreme Court Prosecutor Rejects Reopening of Spyware Case
The decision triggered an immediate political backlash, with opposition parties alleging a cover-up and warning of a deepening crisis in the rule of law.
Greece’s Waters Fill with Superyachts, but Public Coffers Stay Light
The country now attracts close to a quarter of global mega yacht traffic, a figure that underscores its appeal but also amplifies the strain on its coastal ecosystems.
Greece Channels Film Incentives Toward Foreign Productions in 2026 Plan
Authorities are introducing an additional €30 million pool financed through European Union structural funds for 2021–2027.
Trump’s Planned Ankara Visit Puts Eastern Mediterranean Tensions in Spotlight
Turkish officials are said to be investing significant diplomatic capital in the planned July 7–8 summit, where Trump is expected to meet President Recep Tayyip Erdoğan.
Election Calendar to Determine How Greece Deploys Budget Windfall
If voters head to the polls in late 2026, the government faces a tight fiscal bind.
Europe Must Rethink Defense as Old NATO Model Fades, Says Evangelos Mytilineos
Mytilineos emphasized that industrial collaboration between Greece and France is not a temporary alignment but the result of deep-rooted historical ties.
Ruling Party Support Dips in Greece Amid Political Scandals
The survey shows New Democracy dropping by 2.3 percentage points in voting intention to 23.8%, effectively erasing the gains it recorded a month earlier.
Soaring Home Prices Push Greece Toward Politically Risky Tax Shift
Plans are underway to introduce a fully automated nationwide system by early 2027, designed to adjust valuations dynamically in line with market trends.
Insurers, Hospitals Clash in Greece as Costs Surge for Consumers
Insurance data show that payouts for hospital care surged by 42% between 2021 and 2024, reaching €747 million, up from €525 million.
“Acronym for Corruption”: EU Prosecutor Targets Greek Agency, Rattling Government
“The real question is what happened at OPEKEPE and who is responsible,” she said, stressing that the conduct outlined in the case file constitutes criminal offenses under both Greek and European law.
IMF Sees ‘Radical Transformation’ in Greece’s Tax System After Years of Reform
The IMF argues that Greece’s experience offers broader lessons. Institutional independence, it says, has been critical to building credibility and sustaining reform.
Former Greek Leader Tsipras Reemerges With Sharp Critique of Government
The speech marked Tsipras’ clearest signal yet that he is preparing a political comeback, after months of increasingly frequent interventions.
Greece’s Public Power Corporation to Launch €4 Billion Share Offering in May
According to the plan, earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to more than double, reaching €4.6 billion by 2030 from €2 billion projected for 2025.
Mitsotakis Warns Europe Needs ‘Plan B’ as Middle East Crisis Threatens Global Energy Supplies
Despite his emphasis on European coordination, Mitsotakis reaffirmed his support for strong transatlantic ties, arguing that cooperation between Europe and the United States remains indispensable in an increasingly unstable global environment.
Greece Moves to Speed Up Judicial Proceedings for Politicians in Wake of EU Probe
All 13 MPs insisted they had acted within their official duties and denied any wrongdoing or financial damage to either the European Union or the Greek state.
Binance Applies for EMI License in Greece as It Deepens EU Footprint
The company intends to provide transfer services for digital assets, while also entering more deeply into the electronic money space through the issuance, distribution and redemption of e-money.
Greece Unveils €796 Million Aid Package as Energy Crisis Bites, but Impact Seen as Limited
The plan, presented this week, earmarks €796 million for 2026 and carries a permanent fiscal burden of €279 million annually from 2027 onward.
Turkey Challenges Greek Fishing Maps, Calling Aegean Boundaries “Imaginary”
Turkey further asserts that any fishing restrictions imposed by Greece beyond its territorial waters of six nautical miles are invalid, especially in zones Ankara.
Greece Prepares New Support Package to Shield Households from Middle East Fallout
The measures have been prepared by the government’s economic team, drawing on additional fiscal space created by a stronger-than-expected budget performance.
Piraeus Bank Aims to Double Dividends as Profit Growth Accelerates
The plan hinges on steady underlying growth, with earnings per share projected to rise by roughly 10% annually.