News In English
Greek Defense Minister Distances Himself from Prime Minister Over Unknown Soldier Monument Debate
In a carefully worded statement—released while the prime minister was still speaking—Dendias emphasized that the Armed Forces would not allow the monument to become a tool of political maneuvering or social division.
Greece Prioritizes Clearing Public Sector Arrears as Debts Rise Again
The ministry says the goal is to strengthen transparency, accountability and consistency in state payments.
The European Commission’s 2026 Work Programme: What It Means for Greece and the EU
The European Commission is introducing a new framework to enhance energy efficiency, expand renewable energy use, and ensure secure energy supply across the continent.
Greece’s Transport Ministry Clears Up Confusion Over the New Highway Code
The ministry also addressed claims that the new Code forbids keeping shopping bags inside the cabin.
Political Storm Erupts in Greece Over Control of the Unknown Soldier Monument
The Greek Parliament is set to debate on Tuesday an amendment concerning the protection and operation of the Monument of the Unknown Soldier in central Athens — a measure that has already sparked strong political reactions.
Tsipras Seen as Leading Voice of Greece’s Centre-Left, New Survey Finds
Prime Minister Kyriakos Mitsotakis remains the leading figure overall.
Euronext Stands Firm on Offer for Athens Exchange, Rejects Any Sweetened Bid
Euronext’s public offer for the acquisition of the Athens Exchange (ATHEX) was described by the group’s Chairman and CEO, Stéphane Boujnah, as an “attractive liquidity event” during a press briefing with journalists on Monday.
Eurostat Data Expose Greece’s Persistent Economic Lag Within Europe
Greece’s economy continued to recover in 2023, recording an increase in per capita Gross Domestic Product (GDP) to 26,400 purchasing power standards (PPS), according to newly released data from Eurostat.
Greece’s Air Connectivity to Soar in 2026 with Major Airline Investments
Across Europe, Greece will become even more accessible next year thanks to several new and expanded routes.
Greece Sees Wave of High-End Hotel Developments as Tourism Investment Surges
Developments are currently underway in some of Greece’s most popular destinations, including Crete, which attracts millions of travelers each year, as well as in up-and-coming regions that remain less familiar to international visitors, such as Parga in western Greece.
Euronext Faces Questions Over Terms of Athens Exchange Takeover
Under the revised framework, the company can adjust both the 20-to-1 exchange ratio and the current 67 percent minimum acceptance threshold up to five days before the offer expires at 2 p.m. on November 17—without necessarily having to enhance the offer’s financial value.
IMF Warns EU on Defense Spending as Greece Rolls Out €30 Billion Program
The remarks come at a sensitive moment for Greece, which is in the midst of an ambitious rearmament effort following years of underinvestment.
Rising Prices, Fewer Sales: Data Shows Greek Real Estate Losing Momentum
Many property owners, encouraged by the sharp appreciation of recent years, believe they can sell decades-old apartments at prices similar to those of new builds.
First Private Universities in Greece Near Launch After Initial Accreditations
The four private universities—authorized earlier this year under a landmark reform allowing non-state institutions to operate alongside public ones—had submitted 28 degree programs in total for accreditation, with the goal of beginning operations in the current academic year. The newly approved programs include English Philology, Psychology, Biology, Pharmacy, International Relations, and Business Administration.
Eurostat: Poverty and Social Exclusion on the Rise in Greece
Eastern Macedonia and Thrace, Central Greece, Western Greece, the Peloponnese, and the Northern Aegean — are shown in the darkest shade of blue on Eurostat’s map, highlighting the country’s deep regional divide
Poll Shows 70% of Greeks Want Government Change as Discontent Deepens
The poll paints a bleak picture of the national mood.
Greece Among Europe’s Top Food Wasters, Eurostat Finds
In 2023, Greece threw away more than 2.09 million tons of food.
Greece’s PPC Raises €775 Million Through Five-Year Green Bond Offering
PPC intends to list the bonds on the Global Exchange Market of Euronext Dublin, or another suitable European trading venue, with settlement expected on October 24, 2025, subject to customary closing conditions.
Poll Signals Fragmented Greek Political Landscape and Widespread Distrust in Institutions
According to the poll, six in ten respondents approve of the recent demonstrations held at Athens’s Tomb of the Unknown Soldier, a site that has become a symbolic location for anti-government protests.
At IMF Event, Greece’s Pierrakakis Urges European Digital Integration to Drive Growth
Looking beyond Greece, Pierrakakis called for a unified European digital market.
Folli Follie’s Survival Hangs by a Thread Amid Management Tensions and Investor Fatigue
Attention has now turned to FF OpsCo, a subsidiary created two years ago to manage Folli Follie’s remaining business operations in Greece.
Retroactive Market Rules Cloud Euronext’s Bid for Greek Exchange
In Greece’s small and often fragile stock market—where investor confidence is a constant challenge—any change to the rules must be handled with care.
Former PM Karamanlis Warns Greece at Risk of Political and Institutional Breakdown
Former Greek Prime Minister Kostas Karamanlis has issued a stark warning that Greece risks a major political and institutional crisis if trust in its democratic institutions is not urgently restored.
Pierrakakis at IMF: Greece Emerges as a Model of Stability After Years of Crisis
Greece’s Minister of National Economy and Finance, Kyriakos Pierrakakis, described his country as “a success story built on the resilience of its people” during an interview in Washington, on the sidelines of the International Monetary Fund’s annual meetings.
One in Four Greek Recovery Fund Loans May Go Unused
Roughly a quarter of Greece’s Recovery and Resilience Fund loans may go unused — a shortfall that could cost the country about €4 billion in low-interest financing from the European Union
Greece Sets March 23 Start Date for Tempi Train Disaster Trial
Thirty-six defendants are charged in connection with the disaster, including railway employees, public officials, and executives from both ERGOSE—the state company responsible for railway projects—and Hellenic Train, the privatized successor of the national operator TRAINOSE.
IMF Study: Why Greece Is Strongly Affected by Global Commodity Price Swings
Analyzing data from 66 economies, IMF researchers concluded that this “interconnectedness” is the main channel through which global commodity price shocks spread into domestic economies.
Legal Row Over Greece’s GDP-Linked Bonds Deepens After Judge’s Unusual Proposal
The dispute has also drawn attention from the International Monetary Fund (IMF), which discussed the case extensively in its recent report, “A Stocktaking of the Current International Architecture for Resolving Sovereign Debt Involving Private Sector Creditors.”
Nationwide Strike Paralyzes Greece in Protest Against New Labor Bill
Greece is facing a nationwide shutdown today, Tuesday, October 14, as major unions and federations, including the Athens Labor Center (EKA) and the civil servants’ union (ADEDY), hold a 24-hour strike against a new labor reform bill currently under debate in Parliament.
Meet the Greeks Steering the IMF from Within
In recent years, a number of Greek economists have risen to influential positions within the International Monetary Fund (IMF), taking an active role in shaping global economic policy.
After 68 Years, OPAP Turns a Page — Entering a New Era as Allwyn
After nearly seven decades as a fixture of Greek business life, OPAP—the country’s storied gaming and lottery operator—is entering a new chapter under the name Allwyn, marking a major step in its evolution from a national institution into a truly international enterprise.