News In English
Greek Banking Controversies Absent From Stournaras Reappointment Hearing
Stournaras, who has led Greece’s central bank since 2014 and remains one of the country’s most influential economic policymakers, appeared Monday before Parliament’s committee overseeing public enterprises, banks and social security institutions.
Athens’ Pigeon Boom Is Becoming an Urban Health Problem
Residents in neighborhoods from Kypseli and Patissia to Pangrati report entire courtyards, balconies and building façades overtaken by nests, droppings and flocks that return year after year.
Greek PM Faces Fresh Scrutiny Over Intelligence Service Staffing Overhaul Amid Claims of Building Long-Term State Influence Network
The issue carries particular political weight because EYP reports directly to the prime minister, following a 2019 decision by Mitsotakis to place the intelligence agency under his office shortly after taking power.
Greece Considers Ban on Automatic Bank Charges After Consumer Court Victory Against National Bank
Government officials say the planned intervention would not seek to regulate the level of banking fees themselves, but rather the mechanism through which they are introduced.
Greece Plans New Local Property Tax Regime That Could Triple Charges for Homeowners
The new municipal levy would be set by local councils at rates ranging between 0.30 and 0.70 per thousand of the total value of property holdings. The current TAP system operates within a narrower band of 0.25 to 0.35 per thousand.
Rising Construction Costs Add New Strain to Greece’s Housing Market
Data released by Greece’s statistical authority showed construction material prices for new residential buildings rose 4.1% in April from a year earlier, accelerating from the 3.3% increase recorded during the same period last year.
EU Prosecutor Warns Greece’s Legal Changes Could Undermine EPPO Independence
At the centre of the confrontation is a fast-track amendment introduced by Greece’s Justice Minister Giorgos Floridis, which changes criminal procedures for felony cases involving members of parliament.
Political Pressure Builds on Mitsotakis as Greek Government Blocks New Wiretapping Probe
The proposal, submitted by opposition party PASOK, sought the creation of a parliamentary inquiry committee to examine new developments in the surveillance scandal.
Greece’s ICT Workforce Remains Heavily Male-Dominated, With More Than 8 in 10 Workers Being Men
Despite the sector’s expansion, gender disparities remain deeply entrenched.
Greek Agriculture Faces Deepening Workforce Crisis Despite Overall Employment Growth
The figures, covering the third quarter of 2025, show total employment reaching 4.4 million people, an increase of 79,000 jobs compared with the same period a year earlier.
Detained Gaza Flotilla Activists Deported Following Global Pressure Campaign
Israel on Thursday began deporting activists from the Global Sumud Flotilla after widespread international condemnation over footage and testimonies alleging mistreatment during their detention.
Metlen Eyes Potential METKA IPO to Drive Infrastructure Expansion
Speaking at the company’s annual shareholders’ meeting, Metlen Executive Chairman Evangelos Mytilineos disclosed that METKA is preparing for its next strategic step, which could include an independent public listing.
CrediaBank Moves to Build Insurance Arm Through Europe Holdings Share Swap
The transaction values Europe Holdings through a share-swap mechanism under which shareholders will receive 1.446 newly issued CrediaBank shares for each Europe Holdings share.
Citizen Lab’s Ron Deibert: “Accountability may be delayed, but the truth will emerge”
Greece’s spyware scandal remains a live test case for Europe’s rule of law, according to Ron Deibert, founder and director of Citizen Lab, who warned in Athens that the global expansion of the commercial surveillance industry poses an escalating threat to democracy and fundamental rights.
Athens Bets on AI and Fleet Upgrades to Modernize Public Transit
At the center of the strategy is the renewal of the city’s bus network.
PPC Weighs Final Allocations as Global Funds Seek Larger Stakes
PPC drew orders totaling roughly €18 billion, setting a record for Greece’s capital markets and far exceeding expectations for the offering.
Greek Opposition Weighs No-Confidence Vote as Wiretapping Scandal Reignites
The immediate trigger is the government’s expected rejection of PASOK’s request to establish a new parliamentary inquiry into the wiretapping affair.
Greek State Legal Council Blocks English Classes for Children Under Six at Private Language Schools
The decision settles a growing dispute triggered by a private language school owner on the island of Crete, who sought permission to offer English lessons to children younger than six.
French Restitution Legislation May Pave Way for Return of Parthenon Artefacts
The Louvre holds several Greek antiquities believed to originate from the monument, including confirmed and possible Parthenon fragments.
Olympiacos Financials Reveal the Price of Chasing EuroLeague Glory
The numbers tell a familiar story in modern elite sport: rising ambitions, rising investment and, ultimately, rising losses.
War and Bonds: How an 80-Day Middle East Conflict Repriced Risk Across Greece and the Eurozone
By May 19, those yields had climbed to 3.86% and 3.23%, respectively.
Inflation Boosts Business Revenues and State Coffers in Greece, but Households Feel the Strain
Data for the first four months of 2026 show price pressures remaining firmly embedded across the economy.
Greek Tourism Industry Warns New Framework Could Deter Investment
Kyriakos Mitsotakis presented the new Special Spatial Planning Framework for Tourism as a key pillar of the government’s strategy to balance growth with the protection of destinations increasingly strained by rising visitor numbers.
Asset Filings Show Greek Ruling-Party Lawmakers More Than Doubled Wealth Since 2019
The data show that New Democracy lawmakers recorded by far the largest increase.
Pre-Set Buyback Formula Fuels Debate Over Greek Loan Portfolios
Under the securitization documents, doValue can exercise the repurchase option on any interest payment date by notifying the issuer between 30 and 60 days in advance.
Antigua Court Halts Alki David Suit Tied to Carbon-Credit Venture
David claimed the initiative could absorb between 17 and 19 million metric tonnes of carbon annually and generate approximately $8bn a year through carbon credit markets.
Spyware, Democracy and Oversight Take Center Stage in Athens as Predator Case Deepens
Athens is set to host a major public discussion this week on the global spyware industry and its implications for democratic governance.
Owning Assets in Greece Means Tax Obligations Persist for the Diaspora
While foreign tax residents are generally exempt from filing tax returns in Greece if they have no local income, obligations tied to property ownership and inheritance remain firmly in place.
EU Anti-Money-Laundering Watchdog Moves Toward First List of Banks for Direct Oversight
National supervisory authorities will gather information from the banks and financial institutions under their oversight and submit it to AMLA, which will conduct the final assessment of which firms meet the criteria for direct supervision.
Greece’s PPC Uses New EU Disclosure Framework for Equity Raise
The EU Follow-on Prospectus was introduced to simplify fundraising procedures for companies with an established market presence.
Greek Power Group PPC Launches Capital Increase to Fund 2030 Strategy
Under the initial allocation framework, 15% of the new shares will be reserved for the Greek public offering.