News In English
Greece Weighs Social Media Ban for Under-16s, Says PM Mitsotakis
Mitsotakis said the idea was partly inspired by Jonathan Haidt’s book The Anxious Generation, which he read over the summer on the recommendation of his wife.
"Big Brother" Oversight for Greece’s Development Laws
Under the new rules, every beneficiary must submit evidence once a year showing that they continue to meet the conditions laid out in the approval of their investment plan.
Erdogan Postpones Talks with Mitsotakis at UN, Sparking Criticism in Athens
For Ankara, the postponement underscores its focus on regional diplomacy and its bid to reposition itself as a central power in the broader Middle East.
Lamda Development and the University of Nicosia form joint venture for student housing at Ellinikon
The company’s scope extends well beyond student housing. Its mandate includes the development and management of hotels and tourist facilities, commercial spaces, restaurants, entertainment venues, as well as cultural and scientific event halls.
Weak Implementation of "Smart Specialization" in Greece
Nowhere is this uncertainty more evident than in Greece, where efforts to align policy with the EU framework have produced only mixed results.
How Greece’s "Pass" Subsidies Became an Addiction That Weighed Down Productivity
The immediate relief helped prevent mass unemployment and a social crisis, but it also introduced a new culture of widespread state handouts.
In Greece, Soaring Housing Costs Force Young Adults to Stay Home Until Their 30s
Staying longer in the family home does not shield young Greeks from financial strain.
Greek Prime Minister’s New York Agenda Dominated by Meeting with Erdogan
Prime Minister Kyriakos Mitsotakis is heading into an intensive round of diplomacy in New York, where he is taking part in the High-Level Week of the 80th United Nations General Assembly
Goodwill of €1.53 Billion Puts Spotlight on Intralot’s Bally’s Integration
Intralot has published its unaudited pro forma financial results following the acquisition of Bally’s Holdings Limited, presenting a stronger revenue profile but also signaling risks and challenges ahead.
Karystianou Denies Plans to Launch Political Party Amid Media Speculation
Karystianou accused “servile trolls” and “yellow journalists” of spreading falsehoods to distract from society’s real problems.
Maritime Industry Raises Red Flags Over IMO’s Net Zero Blueprint
The battle over the future of shipping fuels is heating up as October approaches, when the International Maritime Organization (IMO) is due to vote on the adoption of its Net Zero Framework (NZF).
Tourism Fuels Record Revenues for Greece
Greece’s tourism sector delivered record revenues in the first seven months of 2025, with the Bank of Greece reporting that total travel receipts climbed to €18.4 billion, driven by higher arrivals and increased spending per trip.
Greece Delays Property Value Revision, Widening Market Gap
The Greek government has decided to postpone until 2028 the long-awaited revision of property tax values, a move that preserves deep distortions in the country’s real estate market.
Missed Option Deadline Drives Up Cost of Greece’s Fourth Belharra Frigate
The Greek government is preparing to defend itself in Parliament against opposition criticism over the delayed purchase of a fourth French-made Belharra frigate, which is to be named Themistocles.
A “French-Style” 2% Tax on Greek Billionaires: How Much Could It Raise?
In France, a fierce political debate has erupted over a proposal to impose a 2% levy on fortunes exceeding €100 million.
Greece on the Global Catwalk of Luxury Tourism
Haute couture has long dominated the world’s catwalks, but in recent years it has found a new stage: the luxury hotel and resort sector.
Despite Economic Pressures, Greece’s Luxury Car Market Accelerates
Greece’s appetite for luxury cars is accelerating, with more and more supercars and high-end SUVs making their way onto the country’s roads.
How Supermarket Sales Strengthened Greece’s Public Finances
Supermarkets have emerged as a key source of VAT revenue for Greece in the first seven months of 2025, as a rebound in consumer spending drives both turnover and state receipts.
Resilient but Facing Headwinds: Bank of Greece Warns on Sector Risks
Although recent stress tests bolstered confidence, the Bank of Greece underlined that geopolitical tensions, trade frictions and a potential reversal in international interest rate trends could yet weigh on the sector’s performance.
Greece Bets on AI and Automation in Landmark Tax Administration Reform
Tax returns will be pre-filled automatically with existing data, while taxpayers will receive personalized reminders and guidance.
Kimberly Guilfoyle Becomes First Woman U.S. Ambassador to Greece
The United States Senate has confirmed Kimberly Guilfoyle as the next American ambassador to Greece, a move Washington views as strategically important amid shifting dynamics in the Eastern Mediterranean.
Critical Drug Shortages in Europe: The Case of Greece
Critical medicine shortages continue to grip Europe, with Greece emerging as one of the countries most affected, according to a 2025 report by the European Court of Auditors.
Brussels Warns Greece Over Farm Subsidy Scandal as Minister Moves to Calm Fears
The European Commission has issued a stern warning to Greece, cautioning that the country could lose access to crucial agricultural subsidies unless it submits a strengthened action plan by October 2 to address widespread fraud and mismanagement of EU funds.
The die is cast: Samaras to launch new party – Political developments set to accelerate
Former Greek Prime Minister Antonis Samaras is preparing to announce the formation of a new political party, a development that could reshape the country’s political landscape and accelerate tensions within the ruling establishment.
Greece Rolls Out Data Platform to Strengthen Anti-Money Laundering Controls
A new digital platform designed to combat money laundering and the financing of terrorism has been unveiled in Greece, marking a significant step in the country’s efforts to modernize financial oversight.
Brussels to Scrutinize Greece’s 2026 Budget and Surplus Targets
The European Commission is preparing to put Greece’s finances under the microscope at the end of the month, with a focus on the 2026 budget, the closing figures for 2025, and the near-complete rollout of the EU’s Recovery Fund.
Greek Trade Union Calls Nationwide Strike Over 13-Hour Workday Plan
Greece’s largest trade union has called a nationwide 24-hour strike for Wednesday, October 1, in protest against government labor reforms that it says threaten workers’ rights and well-being.
Greece Races Toward a Digital Tax and Customs Overhaul by 2026
Greece is preparing for a major digital transformation of its tax and customs administration, with sweeping changes expected to be completed by 2026.
How Greece’s Housing Market Jumped 61% Since 2019
Between early 2019 and mid-2025, apartment prices in Greece soared by a cumulative 61.3 percent in nominal terms, according to official data from the Bank of Greece.
Greece braces for impact of potential livestock lockdown
Authorities have launched a ten-day emergency operation, following a meeting with regional governors, to mobilize veterinary services nationwide.