News In English
The Ship Graveyard Beneath Greece's New Port Gateway
Beneath the calm waters of Elefsina Bay, west of Athens, lies one of the largest concentrations of shipwrecks in Greece—a submerged legacy of decades of industrial decline, abandoned vessels and maritime neglect.
EU Parcel Charge Offers Relief to Greek Retailers — If It Works
As the European Union prepares to impose a new €3 customs charge on low-value parcels from outside the bloc beginning July 1, retailers in Greece are watching closely to see whether the measure can slow the flood of cheap goods arriving from Chinese e-commerce giants such as Temu, Shein and AliExpress.
Mitsotakis’ Problem on the Right Has a Name: Antonis Samaras
Greek Prime Minister Kyriakos Mitsotakis says the country's next election is still a year away. Inside his ruling New Democracy, however, a different clock is ticking.
Greek Universities Slip in Global Rankings as International Competition Intensifies
Greek universities have fallen further behind their international peers in the latest global rankings, highlighting persistent challenges in attracting foreign talent, building international research networks and enhancing academic reputation at a time when competition in higher education is accelerating worldwide.
Housing Costs in Athens and Thessaloniki Consume More Than Half of Average Salaries
The cost of renting a modest apartment in Greece's two largest cities continues to place significant strain on household budgets, with tenants now spending more than half of their income on housing.
Ferry War Erupts in Greece’s Cyclades as Rivals Clash Over Market Power
A ferry battle is intensifying in Greece’s Cyclades, as Seajets expands its position through vessel acquisitions and aggressive pricing, prompting smaller rival Fast Ferries to ask Greece’s competition authority to examine whether the market is moving toward excessive concentration.
Nearly Half of Greeks Take Antibiotics Every Year, Study Finds
Around 45% of Greece’s population receive at least one course of antibiotics annually.
Greece's New Housing Plan Raises More Questions Than Answers
Τhe proposed measures appear limited when compared with the scale of the housing crisis.
From Parcel Lockers to Drones, Greece Updates Postal Privacy Rules for the Digital Age
The new framework replaces regulations that had been in force since 2005.
U.S.-Backed Corridor Opens Door to New Infrastructure Investment in Greece
The legislation formally integrates the Eastern Mediterranean into the corridor’s strategic framework, underscoring the region’s growing importance.
IMF Flags Weaknesses in Bank of Greece Supervision of Non-Systemic Banks
The findings were published in a report prepared under the IMF's Financial Sector Assessment Program (FSAP), which reviewed the Bank of Greece's supervision of several non-systemic lenders.
Greece Presses Ukraine Over Drone Incident During Mitsotakis-Zelensky Meeting
The issue surfaced during a meeting between the two leaders ahead of a European Council summit in Brussels, where they discussed the latest developments in Russia's war against Ukraine.
Greece’s Non-Dom Regime: A Growing Magnet for Global Wealth
In recent years, Greece has steadily repositioned itself within the global landscape of wealth migration. Beyond its traditional appeal as a world-class tourism destination, the country is increasingly becoming a premier European hub for residency, investment, and long-term wealth planning by internationally mobile high-net-worth individuals (HNWIs).
Binance Withdraws Greek Crypto License Application After Regulatory Hurdles
Binance submitted a written request to withdraw its filing on Tuesday afternoon, the people said.
Greece Seeks Strategic Investor to Expand Ammunition Production
The tender, announced on Wednesday, seeks a strategic investor that will finance the upgrade of existing production equipment and facilities, assume responsibility for operating and expanding the business, and manage the commercial exploitation of future output.
Greece’s New Price Tracker Shows What Consumers Pay - Not Why
The platform enables users to track product prices across supermarket chains, monitor historical price movements, create shopping lists and, in some cases, compare domestic prices with those in other European countries.
Tensions Rise Between Greece and EU Prosecutor Over Delegated Judges
The latest flashpoint concerns a decision by Greece’s top judicial authorities to renew the mandates of three European delegated prosecutors for two years rather than the five-year term endorsed by the EPPO’s governing College.
Greece’s Senior Church Leaders Win €3.6 Million Pay Boost as Critics Cry Electioneering
The measure applies to the Archbishop of Greece, Metropolitans and Bishops, but leaves the salaries of ordinary parish priests unchanged.
Rising Living Costs Leave Nearly Half of Greeks Worse Off, New Poll Finds
The findings highlight the disconnect between headline economic indicators and the day-to-day experience of many Greeks, who continue to grapple with elevated prices for housing, food and transportation.
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.