News In English
Binance and Greek Officials Offer Conflicting Accounts Over EU License Application
Binance said it had planned to invest at least €200 million in Greece and create 100 highly paid jobs, describing the project as part of its long-term commitment to the country.
Nearly All of Greece’s Beaches Earn Top Water Quality Rating in EU Survey
The findings reinforce Greece’s reputation as one of Europe’s premier beach destinations.
Greece’s Pharmaceutical Sector Sounds Alarm Over Record Hospital Drug Rebates
According to SFEE and PIF, the increase reflects deep structural problems in the financing of hospital pharmaceutical care rather than temporary budgetary pressures.
Greek Government Refuses to Rule Out Official Role in Predator Certification Claims
Pavlos Marinakis repeatedly declined to answer questions about reports that Greek public authorities provided documentation to Intellexa.
Greek Supreme Court Orders Return of Convicted 17 November Leader to Prison Weeks After Release
Police arrested the 80-year-old at his home in the Athens suburb of Vyronas on Sunday after the Judicial Council of the Supreme Court accepted an appeal challenging his parole.
Bank of Greece Expands TARGET-GR Network to Support Faster International Euro Payments
At the center of the overhaul is the introduction of the One-Leg Out Instant Credit Transfer (OCT Inst) scheme, which significantly expands the reach of instant payments.
Greek Supreme Court Debt Ruling Puts Government on Collision Course With Borrowers
A landmark ruling by Greece’s highest court on the calculation of interest for thousands of restructured mortgages is rapidly evolving from a technical legal dispute into a politically sensitive battle that could test the government’s relationship with both struggling households and the country’s banking sector.
Greece Braces for Another Summer of Rising Prices as Inflation Defies European Trend
As much of Europe begins to see inflation ease, Greece is moving in the opposite direction.
Did the Greek State Vouch for Predator? New Report Suggests Official Backing
Fresh allegations have injected new momentum into Greece’s long-running Predator spyware scandal, with a report claiming that the company behind the surveillance software obtained official endorsements from Greek state authorities to support exports to third countries.
Landmark EU Case Could Redefine Gambling Advertising Rules Across Europe
A closely watched case before the Court of Justice of the European Union (CJEU) could reshape the legal framework governing gambling advertising across the bloc, with implications extending well beyond Italy, where the dispute originated.
Greek Orthodox Bishops Divided Over Government - Backed Pay Raises
With Greece approaching another election cycle, some within the hierarchy fear the increases could create the impression that senior clergy are using the political climate to secure privileges for themselves.
Greece’s Corporate Elite Vie for Influence in SEV Board Elections
The vote will take place during the annual general assembly of the Hellenic Federation of Enterprises, known by its Greek acronym SEV, on June 16 in Athens.
Greece Rules Out Doubling Dividend Tax as Revenue Continues to Rise
The Greek government is not considering raising the tax rate on dividend income from 5% to 10%, as fiscal data show that revenues from profit distributions continue to increase, reinforcing officials’ confidence in the current tax framework, according to government sources.
Tsipras Positions Himself as Alternative to Mitsotakis With Focus on Integrity and Living Costs
Alexis Tsipras, Greece’s former prime minister and leader of the country’s main left-wing opposition movement, accused Prime Minister Kyriakos Mitsotakis of presiding over a government tainted by corruption, arguing that integrity rather than economic stability should define Greece’s next political contest.
Delayed Government Index Leaves Greek Health Insurance Premiums Without Oversight
The delay has effectively allowed insurance companies to continue imposing premium increases without the objective reference point that was intended to curb excessive hikes and improve transparency for policyholders.
ECB Rate Hike Raises Borrowing Costs for Greek Households and Businesses While Savers See Little Benefit
The latest increase is part of the ECB’s broader effort to tame inflation by tightening financial conditions, making credit more costly and slowing demand in the economy.
Greece Launches Online Platform to Report Bribery in Driving License Exams
The platform is designed to receive reports of demands for or offers of cash payments.
Two Senior Greek Officials Resign as Corruption Probe Deepens Pressure on Government
The back-to-back resignations have fueled speculation that the scandal could reach further into the government as authorities continue examining an alleged network accused of manipulating building permits and planning approvals in exchange for bribes.
EU Finance Ministers Face Showdown Over Energy Fiscal Flexibility
The discussion at the Eurogroup meeting is expected to expose a growing divide between member states with sufficient fiscal room.
MIT’s Konstantinos Daskalakis on AI: The Technology That Could Both Empower and Diminish Us
Despite the widespread perception that artificial intelligence is a recent phenomenon, Daskalakis notes that AI has been influencing human behavior for decades.
Greece’s Price Cap Fails to Halt Inflation as Cost-of-Living Pressures Intensify
New data from the Hellenic Statistical Authority show that annual inflation accelerated to 5.2% in May, more than doubling from 2.5% a year earlier.
Greece Raised €3 Billion After Investors Submitted More Than €36 Billion in Bond Orders
The transaction, which reopened the bond maturing on June 16, 2036, was significantly oversubscribed, with demand exceeding the final issue size by more than twelve times.
Appeals Court Ends Legal Fight Over Investment Collapse That Rocked Ohio's Greek-American Community
In a decision issued June 8, the U.S. Court of Appeals for the Sixth Circuit upheld a lower court ruling that found no evidence that PNC Bank or one of its employees knowingly assisted or participated in an alleged fraud orchestrated by Ohio-based investment manager Constantine Antonas.
Greek Supreme Court Victory for Distressed Borrowers Sparks New Fight With Loan Servicers
The Supreme Court ruled that interest on court-regulated loans must be calculated on each monthly installment rather than on the total outstanding loan balance.
Mystery Odor That Blanketed Athens Traced to Possible LPG Vessel Near Greek Coast
The investigation analyzed 164 reports submitted by citizens through Greece’s Civil Protection service and combined them with meteorological data from the European Centre for Medium-Range Weather Forecasts.
OTE Pushes Ahead With Telekom Identity Shift Before Trademark Filings Appear
The approved changes add “Hellenic Telekom,” “Telekom Greece,” and their Greek-language equivalents to OTE’s existing trade names, which include OTE and Cosmote
New Study Exposes Deepening Inequalities Beneath Greece’s Economic Revival
Housing, however, emerges as perhaps the clearest example of worsening inequality during Greece’s recovery.
From New Orleans to Athens: Georges Family Brings Capital Back to Its Roots
Ownership of Nola Athens is evenly split among five members of the Georges family.
Greek Government Spokesman Sidesteps Questions Over New Predator Spyware Revelations
The government's response reflects its broader strategy since the surveillance scandal first erupted in 2022, when revelations that politicians, journalists and other public figures had been targeted by surveillance sparked domestic and international criticism.
Only One in Five Homes in Greece Is Insured, Highlighting Protection Shortfall
The share of insured homes in Greece rose to 20.5% in 2025, up from 18.9% a year earlier, according to new data released by the Hellenic Association of Insurance Companies.
Aeon Acquisition I Corp. SPAC Has 12 Months to Find a Sports Deal After $125 Million Nasdaq IPO
The offering closes a months-long process marked by legal disputes and a significant reduction in size. Aeon had initially sought to raise $250 million but ultimately completed the transaction at half that amount.