News In English
Erdogan Rebukes Greece Over F-35 Opposition, as Mitsotakis Warns NATO Over Turkey’s Casus Belli
Speaking after the NATO summit in Ankara, Erdogan dismissed objections from both Greece and Israel, insisting that neither country had any say over Turkey’s defense procurement.
Greek House-Price Growth Shows Signs of Cooling
The moderation suggests that Greece’s property boom, fueled in recent years by foreign demand, tourism, short-term rentals and renewed mortgage activity, may be losing some momentum.
Pressure Mounts on Intellexa Network Over Links to Greek Intelligence
For Intellexa’s orbit, the message is clear: silence is becoming harder to sustain.
Five Realities About Greece and the New Defence, Security and Resilience Bank
The institution is the first international bank designed specifically to fund defence-related and strategic infrastructure projects at a time when NATO members are sharply increasing military spending.
Greece's Tourism Boom Remains a Two-Month Affair, Eurostat Data Show
The data highlight a longstanding challenge for Greece's tourism industry, one of the country's key economic pillars.
EU Recovery Funds Spent Billions on Home Energy Retrofits With Limited Returns, Auditors Say
Despite the differences in scale, Greece and Italy shared a common shortcoming: most of the money did not go toward deep energy renovations capable of reducing household energy consumption by more than 60%.
EU Anti-Money-Laundering Watchdog Seeks Overhaul of Cross-Border Intelligence Sharing
The European Anti-Money Laundering Authority (AMLA) on Tuesday launched a public consultation on draft regulatory technical standards that would introduce a common EU framework for identifying and handling money laundering cases spanning multiple member states.
Greek Spyware Scandal Reignites as Former PM Samaras Demands Supreme Court Probe
"Such a matter cannot remain in darkness or silence," Samaras said in the filing, according to Greek media reports.
Mitsotakis Under Pressure as Poll Reveals Eroding Confidence in Government
The survey by pollster Prorata found, among others, that nearly two-thirds of Greeks believe the country is moving in the wrong direction.
Greece's Gas Corridor Wins Long-Term Bookings as Region Seeks Alternatives to Russian Supply
The annual capacity auction, held by Greece's gas transmission operator DESFA, also drew commitments extending to the 2040-41 gas year, an unusually long time horizon for a region still reshaping its energy map after Russia's invasion of Ukraine.
Greece Moves to Toughen Financial Crime Controls Ahead of EU AML Push
The new Action Plan for the Prevention and Combating of Money Laundering is expected to be endorsed on Tuesday.
Russian Pranksters Reject Greek Claims of AI-Powered ‘Hybrid Attack’ After Duping Prime Minister’s Security Adviser
"Do you really believe that intelligence services use Gmail to deceive national security advisers?" one of the pranksters said.
Pegasus Spyware Case Targeting Former MEP Escalates to Israel, Raising Questions Over Interference in European Parliament Probe
The allegations could create fresh friction between Israel and the European Union, which has repeatedly expressed concern over the use of commercial spyware against public officials, journalists and civil society figures.
Small Greek Businesses Face Rising Borrowing Costs as Banks Shield Larger Clients
The divergence reflects both intense competition among Greek banks to finance large investment projects linked to the European Union's post-pandemic Recovery and Resilience Facility and the stronger negotiating position of large corporations.
Greek Commercial Property Market Roars Back as Investment Hits Record Levels
According to a study by Alpha Bank, a rebound in construction activity is creating a new pipeline of high-specification properties.
Greek Lawyers Refuse to Implement Decree Offering €250 Payments for Asylum Seekers' "Voluntary" Departures
Lawyers become eligible for an additional €250 payment if an asylum applicant they have advised applies for "voluntary departure" within two months of receiving legal guidance.
Greek Data Point to a Disconnect Between Wholesale and Consumer Prices
A recent announcement by Greece's independent market watchdog suggested that food prices are finally easing.
Greek Opposition Party ELAS Calls for End to Golden Visa and Curbs on Airbnb to Ease Housing Crunch
At the center of ELAS's plan is the creation of a non-profit public agency that would manage mortgage loans and state-owned real estate assets.
Pierrakakis Bets Europe’s Airwaves Can Finance Its Tech Sovereignty
At the center of the initiative is the development of 6G networks, which are expected to provide the infrastructure for the next generation of AI applications, industrial networks, autonomous systems and advanced defense capabilities.
From Mykonos to Mayfair, a Greek Restaurant's Link to a £325 Million Financing Deal
The financing is being arranged by HSBC UK, Barclays and Santander UK. HSBC Bank is acting as agent, while HSBC Corporate Trustee Company will serve as security trustee.
Poll Shows Mitsotakis Under Pressure as Samaras Gains Traction Among Right-Wing Voters
The survey by Metron Analysis, published on Thursday, put Mitsotakis's center-right New Democracy party at 25% in voting intention, up from 22.7% a month earlier.
Greek Courts Take More Than Six Times Longer Than EU Average to Deliver First-Instance Rulings, Study Finds
The most severe delays are found in civil and commercial litigation, where the estimated time needed to resolve a case has reached 737 days, according to the study.
Former European Parliament Member Stelios Kouloglou Targeted by Pegasus While Probing Europe's Illegal Surveillance Scandal
Kouloglou's mobile phone was infected at least twice with Pegasus, the sophisticated spyware developed by the Israeli company NSO Group.
Vangelis Marinakis Unveils €250 Million Stadium Vision to Transform Olympiacos and Piraeus
The development would create Greece's largest football stadium, with a capacity exceeding 53,000 seats.
Firebomb Attacks on Greek Ruling Party Officials Turn Deadly
According to the Hippokrateio Hospital in Thessaloniki, the 72-year-old woman suffered burns covering approximately 80% of her body and died on Wednesday evening from multiple organ failure.
Most Greeks Favor a Second Election if No Majority Emerges, Poll Shows
A partnership between New Democracy and PASOK was favored by 11.2% of respondents, while 10.1% backed a coalition between New Democracy and smaller right-wing parties.
Greek Government Denies Plan to Aid Intellexa Founder Amid Backlash Over Predator Spyware Scandal
Despite government denials that any legislative initiative is under consideration, opposition parties say they remain unconvinced.
Euronext Athens to Spin Off Market-Operator Unit Into Wholly Owned Subsidiary
Under the transaction, Euronext Athens will contribute the market-operator business to the subsidiary in exchange for newly issued shares, retaining full ownership of the entity.
Fewer Cattle, Sheep and Goats Leave Greece Grappling With Costlier Meat
New data from Greece's statistical authority and Eurostat suggest that European livestock farming is facing a deep and prolonged downturn.
Greece's Profitable, Tax-Free Banks: An Uncomfortable Debate
The real question is why, more than a decade after the sovereign-debt crisis, a substantial portion of Greek banks' capital still rests on future tax claims against the state.
Greece Adopts New Rules Defining When Crypto Tokens Qualify as Financial Instruments
The rules, published this week in the government gazette, establish when a crypto asset should be treated as a financial instrument under European law.