News In English
Greek Voters See Corruption and Ineffectiveness at Heart of Government, Survey Finds
Public opinion in Greece is turning sharply against the government, according to a new Alco poll for Alpha TV released on Monday.
Qualco Group Weighs New Investments as Past Bets Show Mixed Outcomes
Qualco Group’s management has told analysts on Monday that both capital expenditures and cash reserves are expected to remain steady in the second half of 2025, at similar levels to those recorded in the first six months of the year.
Defence Readiness Roadmap 2030: Europe’s New Strategy and the Stakes for Greece
The European Union is preparing to enter a new era of defence preparedness.
Unpaid Loans and Endless Refinancing: The Hidden Finances of Greece’s Political Class
The latest round of asset declarations by Greek politicians, published on Monday, once again exposed a recurring pattern: many elected officials continue to carry large, long-standing debts, often with sizeable unpaid balances that in several cases have been refinanced multiple times.
The Goulandris Collection: Inheritance Disputes and the Secrets of a Legendary Art Treasure
The dispute focuses on the fate of one of the most valuable private collections in the world, with an estimated worth exceeding three billion euros.
Alexis Tsipras to Speak at the Sorbonne on Europe’s Future
Tsipras will speak at a moment when questions over Europe’s capacity to lead on issues ranging from economic stability to migration, security, and climate change remain as urgent as ever.
Labor’s Share of Greece’s GDP Shrinks to 35% in 2024, Down from 39% in 2019
Despite government promises of "growth for all", the reality is that labor is steadily losing ground to profits and operating surpluses.
Greece Faces Risk of Losing EU Farm Subsidy Payments Amid OPEKEPE Turmoil
Greece’s current proposal fails to address serious deficiencies and does not comply with EU law.
Europe’s Energy Integration Could Slash Greek Power Bills by Nearly a Quarter
Greece consistently ranks among those with the most expensive electricity in Europe.
Greece Stands Out in Europe for Heavy Reliance on Indirect Taxes
Despite imposing one of the highest standard VAT rates in Europe at 24 percent, Greece tempers the burden through reduced brackets.
Greek Government Plans Overhaul of Dormant Charitable Assets
The legislation targets some 2,000 foundations and 7,000 estates that have been left idle.
Greece Slaps Heavy Fines on Illegal Use of Temporarily Imported Vehicles and Vessels
Penalties rise sharply when a vehicle is used by someone not entitled to drive it.
Greece’s Energy Sector Strained by Heavy Tax Burden
Electricity is treated separately, with taxes calculated per megawatt hour.
From Birth to 18: Greek Families Face €215,000 Bill to Raise a Child
Raising a child in Greece now costs an estimated €215,000 by the time they reach adulthood, according to new data that highlights the mounting financial pressures on families and sheds light on the country’s declining birth rate.
Pharmaceuticals Add €6.9 Billion to Greece’s GDP as Sector Expands Export Footprint
The Greek pharmaceutical industry is emerging as a key pillar of the country’s economy, contributing an estimated €6.9 billion to GDP in 2023, or around 3.1 percent of total output, according to new research by the Foundation for Economic and Industrial Research (IOBE).
Athens Hotels See a ‘Stagnant’ August Despite Marginal Gains
August brought only modest improvements for hotels in Athens and Attica, with the local hotel association warning that the sector risks slipping into “dangerous stagnation” unless deeper reforms are made to ensure fair competition.
Paulson-Linked Greek Company Sees ‘Strategic’ Investment Wiped Out by 99.99996%
EYDAP, the Athens water utility, today owns just five shares in CrediaBank, the successor of Attica Bank.
Greece’s Families Strain Under Rising Costs as Tax Relief Lags Behind
At the 2025 Thessaloniki International Fair, the Greek government unveiled a broad package of tax reforms aimed at easing pressure on the middle class and strengthening support for families.
Lidl and Sklavenitis Clash With Greek Regulators Over "Unfair" Fines
Both companies deny the accusations.
Greece Trails Germany in Shielding Industry from Soaring Power Prices
The Greek plan would stabilize electricity prices for three years at levels well below the wholesale market, but until it is adopted, energy-intensive industries remain exposed to volatility.
Peskesi in Crete Named Best Organic Restaurant at EU Organic Awards
Since 2014, the restaurant has played a pioneering role in reviving Cretan gastronomy through its “farm-to-table and table-to-farm” philosophy.
Greece Weighs Social Media Ban for Under-16s, Says PM Mitsotakis
Mitsotakis said the idea was partly inspired by Jonathan Haidt’s book The Anxious Generation, which he read over the summer on the recommendation of his wife.
"Big Brother" Oversight for Greece’s Development Laws
Under the new rules, every beneficiary must submit evidence once a year showing that they continue to meet the conditions laid out in the approval of their investment plan.
Erdogan Postpones Talks with Mitsotakis at UN, Sparking Criticism in Athens
For Ankara, the postponement underscores its focus on regional diplomacy and its bid to reposition itself as a central power in the broader Middle East.
Lamda Development and the University of Nicosia form joint venture for student housing at Ellinikon
The company’s scope extends well beyond student housing. Its mandate includes the development and management of hotels and tourist facilities, commercial spaces, restaurants, entertainment venues, as well as cultural and scientific event halls.
Weak Implementation of "Smart Specialization" in Greece
Nowhere is this uncertainty more evident than in Greece, where efforts to align policy with the EU framework have produced only mixed results.
How Greece’s "Pass" Subsidies Became an Addiction That Weighed Down Productivity
The immediate relief helped prevent mass unemployment and a social crisis, but it also introduced a new culture of widespread state handouts.
In Greece, Soaring Housing Costs Force Young Adults to Stay Home Until Their 30s
Staying longer in the family home does not shield young Greeks from financial strain.
Greek Prime Minister’s New York Agenda Dominated by Meeting with Erdogan
Prime Minister Kyriakos Mitsotakis is heading into an intensive round of diplomacy in New York, where he is taking part in the High-Level Week of the 80th United Nations General Assembly
Goodwill of €1.53 Billion Puts Spotlight on Intralot’s Bally’s Integration
Intralot has published its unaudited pro forma financial results following the acquisition of Bally’s Holdings Limited, presenting a stronger revenue profile but also signaling risks and challenges ahead.
Karystianou Denies Plans to Launch Political Party Amid Media Speculation
Karystianou accused “servile trolls” and “yellow journalists” of spreading falsehoods to distract from society’s real problems.