News In English
€2 Billion in Benefits at Thessaloniki Fair, But No Political Payoff
59% of Greeks Expect Worse Days Ahead.
Greek Households Grapple with Deepening Economic Anxiety as Consumer Confidence Falls Further
Nearly six in ten people say they are merely getting by, and around 10% of households are relying on their savings to cover essential needs.
Greek PM Mitsotakis Seeks Reset Amid Scandals and Internal Party Tensions
The rushed vote was widely seen as an effort to manage internal dissent over the fate of one of two ministers under scrutiny.
Greece Maintains Status as Global Shipping Superpower with 5,691 Vessels
The report highlights that Greek shipping has seen remarkable growth over the past decade, increasing its transport capacity by 42% since 2015.
Alpha Bank Reports €517 Million Net Profit in H1 2025
Alpha Bank has reported strong financial results for the first half of 2025, posting net profits of €517 million—equivalent to 60% of its full-year profit target.
Eurobank to Raise Dividend Payout Above 50% in 2025, Eyes Further Expansion in Bulgaria
Eurobank, one of Greece’s leading financial institutions, has announced plans to increase its dividend payout ratio to over 50% for 2025.
National Bank of Greece Posts Solid H1 Profit, Plans Over 60% Dividend Payout
The National Bank of Greece (NBG) reported net profits of €701 million for the first half of 2025, a slight decrease from the €708 million recorded during the same period last year.
Ecclesiastical Crisis at Saint Catherine’s Monastery Puts Greek-Egyptian Deal at Risk
A high-stakes ecclesiastical and geopolitical power struggle is brewing around the ancient Monastery of Saint Catherine at Mount Sinai, threatening to derail a pending agreement between Greece and Egypt over the legal status of the revered institution.
Greek Government Faces Backlash Over Tactics in Scandal Vote
Tensions are running high in Greek politics following a contentious parliamentary vote regarding the establishment of a preliminary investigation committee into the OPEKEPE scandal — a matter involving alleged mismanagement in the country's agricultural payment agency.
Euronext’s All-Share Bid Values ATHEX Below Market Hopes
Euronext’s revised public offer to acquire the Athens Stock Exchange (ATHEX) has underwhelmed market expectations, even though the proposal has been formally accepted by the ATHEX board.
Parliamentary Meltdown Over OPEKEPE Probe Clouds Greek Political Landscape
The government’s handling of the vote drew intense criticism and led to a complete breakdown of parliamentary order.
Greek Tourism Sector Grows Steadily in 2025 With Boost in Air Arrivals
Athens maintained its position as the country’s primary gateway, with 3.8 million international arrivals at its airport, reflecting a 9.6% rise year-on-year.
Greece Faces €29 Billion Infrastructure Challenge to Meet Future Demands
This investment is seen as essential for the country to meet the growing demands driven by demographic shifts, climate change, and accelerating digitalization.
Greek SMEs Struggle with Lowest Productivity in the EU
In 2024, Greece counted 79 SMEs per 1,000 residents, significantly above the EU average of 58. Despite their abundance, these businesses contribute far less economic value per employee than their European counterparts.
Piraeus Bank Faces Operating Headwinds but Eyes Long-Term Gains
The pressure is not confined to the bank’s core banking activities.
Mitsotakis Moves to Block Criminal Probe as Corruption Allegations Mount
A tense and pivotal day is unfolding today in Greek politics, as Parliament heads into a high-stakes vote on whether to establish a preliminary inquiry committee into the OPEKEPE scandal — a case centered on allegations of widespread misuse of EU agricultural subsidies.
Greek Government Pushes Controversial Labor Bill
The Greek Ministry of Labor is preparing to introduce a sweeping labor reform bill that could significantly alter the landscape of working conditions in the country.
Metlen to Debut on London Stock Exchange After Record-Breaking Public Offer
Metlen is officially heading to the London Stock Exchange next Monday, marking a major milestone after completing a highly successful public offer that secured a 90.16% acceptance rate—one of the highest ever recorded in European capital markets.
Controversy Surrounds Appointment to Top Greek Tourism Post
The recent appointment of Angela Varela as President of the Greek National Tourism Organization (GNTO) by Tourism Minister Olga Kefalogianni is drawing scrutiny over concerns of favoritism and the undermining of merit-based selection processes in the Greek public sector.
Public Power Corporation Expands Greece’s Role in Southeast Europe’s EV Transition
Public Power Corporation (DEI), Greece’s largest power utility, is quickly emerging as a central player in the electric mobility landscape of Southeast Europe.
Greece to Submit Official Application for EU’s SAFE Defense Funding Mechanism Today
The Greek government played an active role in shaping the SAFE regulation, securing key provisions.
Foreign Buyers Dominate Greece’s Luxury Holiday Home Market
Mykonos and Paros remain the most expensive destinations.
Greek Parliament Braces for Clash Over Agricultural Subsidy Scandal
Political tensions are running high as Parliament opens debate today on two competing motions stemming from the unfolding OPEKEPE scandal—a case involving alleged irregularities in the management of EU agricultural subsidies.
Athens Pushes €2 Billion Relief Package to Calm Voters Amid Growing Discontent
Under growing political pressure and facing a dip in popularity, the Greek government is preparing a package worth up to €2 billion, expected to be announced at the Thessaloniki International Fair in early September.
Greece on Fire: Blazes Rage Across the Country Amid Explosive Conditions
Greece finds itself in the grip of a wildfire emergency, with fires raging across the country from Attica and Evia to Messinia, Kythera, and Thessaloniki.
Athens' Tourism Model at Risk of Becoming Unsustainable
In central Athens alone, around 15,000 such properties are now active—nearly matching the 18,700 hotel rooms in the same area.
Greek Government Races to Deliver Reforms Before 2026 EU Funding Cutoff
Mitsotakis emphasized that 2026 is a critical cutoff point for completing projects financed by the European Union’s Recovery and Resilience Facility, warning that the coming 12 months are pivotal in ensuring Greece does not forfeit any available European funds.
Saving in the Shadow of Uncertainty – What Greece’s Bank Deposits Are Telling Us
Household savings rose by 2.61% compared to June 2024, totaling €149.6 billion.
A Quarter of Greeks Staying Home This Summer as Costs and Uncertainty Soar
This summer, one in four Greeks will not be going on holiday at all, according to a recent nationwide survey by research firm Focus Bari.
Athens Stock Exchange at Crossroads as Euronext Proposal Advances
The Hellenic Exchanges – Athens Stock Exchange (HELEX) Group has entered advanced negotiations with Euronext, the pan-European stock exchange operator, as it evaluates an unsolicited takeover proposal involving a share swap.