News In English
Athens’ Historic Panathenaic Stadium to Get First Major Marble Cleaning in 120 Years
At the Panathenaic Stadium, the immediate objective is considerably more tangible
Greece’s Climate Is Shifting as Heat and Drought Days Triple Around Athens
The climate around the Greek capital is becoming markedly hotter and drier, offering a stark measure of how quickly conditions are changing in one of Europe’s most climate-vulnerable regions.
Greece’s Student Housing Squeeze Deepens as Rents Rise for Fifth Straight Year
Greece’s student-housing market is heading into another difficult academic year, with rents rising for a fifth consecutive year as a shortage of small apartments collides with steady demand in the country’s main university cities.
Greece Reviews Pension System After Historic Retirement Wave
Greece is putting its pension system under fresh scrutiny after more than 1.18 million people retired between 2020 and 2025, the largest retirement wave in decades and a test of whether one of Europe’s fastest-aging countries can keep its social-security finances sustainable.
Latest Predator Ruling Renews Questions About Greece's Judicial Independence
Supreme Court Prosecutor Evangelos Bakelas rejected four applications seeking to revive the archived investigation.
Greece Launches Military Real Estate Agency to Fund Housing for Armed Forces
The agency will be governed by a five-member board appointed by the Minister of National Defence.
Cash at the Checkout Instead of the ATM: Greece Lags Europe’s Cashback Trend
Cashback allows shoppers to receive cash from the store’s till as part of a debit-card purchase, eliminating the need to visit an ATM.
Greece's Household Deposits Recover, Yet Long-Term Savings Still Need a Boost
Over nearly 11 years, deposits have increased by €56 billion, equivalent to average annual growth of roughly €5.2 billion, or 4.2%.
Bank of Greece Strengthens Oversight of Loan Servicers
Investors will now be required to submit detailed questionnaires and supporting documentation to the Bank of Greece as part of the supervisory assessment.
Piraeus Bank Approves Up to 87% Pay Increase for CEO Christos Megalou
CEO fixed salaries ranged from €180,000 to €4.6 million, placing the proposed compensation for Piraeus Bank's chief executive in the middle-to-upper end of the distribution rather than at its peak.
Daily Tobacco Use in Greece Stays Well Above EU Average
Across the European Union, about one in six people aged 16 or older now report using tobacco or related nicotine products every day.
Greek Taxpayer Wins Appeal After Monaco Bank's Reporting Error Triggered Tax Bill
The dispute began after Greece's tax administration received data through the automatic exchange of financial account information between jurisdictions.
HELLENiQ ENERGY Pairs Lower Debt With Strong Earnings, Signals Higher Shareholder Returns
HELLENiQ ENERGY reported adjusted second-quarter EBITDA of €442 million and adjusted net profit of €253 million
Coca-Cola HBC's Greek Antitrust Battle Heads to Supreme Administrative Court
The case began on Nov. 3, 2022, when the Hellenic Competition Commission concluded that Coca-Cola HBC Greece had abused a dominant position in the Greek market for immediate-consumption cola and non-cola carbonated soft drinks.
French Investor Takes Majority Stake in Greece-Cyprus Power Link, but Key Deal Terms Remain Undisclosed
The agreement was signed Wednesday at the Greek prime minister’s official residence in Athens in the presence of Prime Minister Kyriakos Mitsotakis
Same Tax Offense, Different Fine: €10,000 on Rhodes, €5,000 on Nisyros
During an on-site inspection, tax auditors found that the business was processing card payments through a POS terminal that was not linked to its fiscal cash register, as required under Greek law.
As Athens' Forests Disappear, Greece's Fire Strategy Faces New Scrutiny
The findings are likely to renew debate over Greece's wildfire strategy as climate change intensifies the conditions that fuel increasingly severe blazes across southern Europe.
Greek Survey Finds Broad Support for VAT and Fuel Tax Cuts to Ease Cost-of-Living Pressures
The latest results suggest broad public backing for reducing indirect taxes as a tool to curb inflation and improve purchasing power.
Greek Consumers Stay Europe's Most Pessimistic
Two-thirds of respondents said their financial situation had deteriorated over the past year.
Wildfires Put Greece's Underground Power Network Plans Back in Focus
A faster rollout of underground power lines over the past decade could have reduced the risk of fires linked to faults in overhead electricity networks while also limiting the widespread power outages that often accompany wildfires and extreme weather.
Greek Tax Authority Intensifies Scrutiny of Bank Deposits in Hunt for Undeclared Income
At the heart of the campaign are bank credits that cannot be readily reconciled with reported income, along with large fund transfers and wire payments deemed worthy of further investigation.
Optima Bank Penalized Over Anti-Money Laundering and IT Control Deficiencies
The sanctions were imposed by the Bank of Greece's Credit and Insurance Committee (EPATH), the supervisory body responsible for overseeing banks and insurers.
Greece Extends Life of Island Thermal Power Plants Pending Grid Links
The Regulatory Authority for Waste, Energy and Water (RAAEY) said it had approved a request from state-controlled utility Public Power Corp. (PPC) after determining that the license extensions were consistent with existing regulatory requirements.
Greek High Court Rules Profit Margin Cap Complies With EU Law
The Greek High Court has ruled that the profit margin cap is compatible with European Union law.
After Deadly Helicopter Collision, Focus Shifts to Greece's Firefighting Contract
Following Sunday's fatal mid-air collision of two Bell helicopters battling a large wildfire near Psatha, west of Athens, attention has turned to the contract governing the aircraft's lease, with particular focus on its insurance requirements and liability provisions.
How Uncertainty Froze Investment and Jobs in Greece
Economic uncertainty drove up to one-third of Greece's investment gap and 40% of job losses during the debt crisis, a new IOBE study found.
Ioannis Varvitsiotis, Veteran Greek Conservative Politician, Dies at 93
Ioannis Varvitsiotis, a veteran Greek conservative politician who served for nearly five decades in parliament and held several senior cabinet posts, died on Sunday at his home in Athens. He was 93 and passed away on his birthday.
Pierrakakis Weighs Tax Relief for Greece's Professionals and Small Businesses Ahead of Key Policy Address
The Greek government is preparing a package of tax measures aimed at self-employed professionals and small businesses that is expected to feature prominently at September's annual Thessaloniki International Fair (TIF).
Greek Tax Authority Launches First Large-Scale Livestock Subsidy Inspections
The inspections involved 58 AADE officials deployed from across the country.
The €500 Note Was Supposed to Disappear - €100 Billion Is Still Out There
More than €100 billion worth of €500 notes remained in circulation across the euro area in the second quarter of 2026.
Short-Term Rentals in Greece: The Mistakes That Can Trigger Heavy Fines
A series of compliance failures involving just three apartments left one property owner in Greece facing €47,600 in fines, underscoring how quickly penalties can mount for landlords operating in the country’s short-term rental market.