News In English
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.
Greece Races Against Time to Deliver Remaining EU Recovery Fund Projects
The final stage is proving especially difficult because many of the most demanding projects were pushed toward the end of the implementation period in order to accelerate the early flow of EU funds into the economy.
Greece’s PPC Targets Up to €4.3 Billion in Landmark Share Sale
The Greek government, which intends to preserve its 33.4% blocking minority stake, is expected to invest as much as €1.43 billion if the deal reaches its maximum size.
Tax Compliance Improves in Greece, but EU Gap Remains Wide
Value - added tax generated €4.76 billion in timely payments out of total liabilities of €5.88 billion, corresponding to a compliance rate of 80.87%.
Pierrakakis Heads to G7 After High-Level Costa Navarino Talks
Pierrakakis will then travel to Paris to take part in the G7 meeting of finance ministers and central bank governors on May 18-19.
Greek Defense Minister Says Ukraine Must Explain Drone Discovery Near Greek Shipping Route
“All our islands have exactly the rights provided for under the Convention on the Law of the Sea—no more and no less,” he said, in remarks widely interpreted as directed at Ankara’s longstanding objections to Greece’s maritime claims around its islands.
Ex-Minister Challenges Prosecutors Over Handling of Greek Spy Probe
He argued that if Tzavellas had already stepped aside from the case voluntarily, there would no longer be grounds to examine the recusal request.
IMF Says Greece’s Quiet Recovery Was Built on a Tax Revolution
The IMF divides Greece’s reform effort into three phases: stabilization between 2010 and 2012, institutional restructuring from 2013 to 2017, and an accelerated digital transformation beginning in 2018.
Greece Opens Public Land to Private Developers Under New Social Housing Framework
The structure of the program appears tailored to favor large corporate groups with deep financing capacity and access to bank lending.
Brussels Faces Pressure to Examine European Dimension of Greek Surveillance Affair
The case became a major political controversy in Greece after revelations that opposition politicians, journalists and other figures had been monitored, prompting investigations by both the Greek parliament and the European Parliament.
Europe Faces New Energy Squeeze as Gulf Crisis Threatens Gas Supplies
European gas inventories are currently around 30% full, compared with roughly 50% at the same point last year, according to Mytilineos.
Greek Households Retreat Into Survival Mode as Inflation Bites
For millions of Greek households, the economic scars of Europe’s decade-long debt crisis never fully healed.
Greece Imposes Strict Rules on AI Use in Schools
The measures apply to all secondary schools in Greece, including both in-person and remote learning environments.
Sea Drone Incident Near Greece Underscores Spread of Ukraine Conflict
According to Greek government sources cited by local media, investigators believe the explosive-laden drone was likely intended to strike a Russian commercial vessel transiting the Adriatic Sea.
Greek Cabinet Members Report Millions in Bank and Private Liabilities
According to the declarations released Thursday, Greece’s 22 cabinet ministers reported combined liabilities of roughly €1.56 million, while deputy ministers and junior ministers disclosed an additional €2.28 million in debts.
Europe Moves Toward Centralized Anti-Money-Laundering Oversight
Under the proposed framework, financial supervisors across the bloc would be required to exchange information on suspicious transactions, internal-control failures and potential sanctions in near real time.
Why Thousands of Greek Women Remain Outside the Labor Market
Childcare is described as the most pressing challenge. Limited access to nurseries and organized childcare services continues to force many women to leave work temporarily—or permanently—after having children.
Greece Publishes Politicians’ Wealth Statements, Exposing Stark Financial Contrasts
While the filings are a routine transparency exercise in Greek politics, they are closely watched each year for what they reveal about the personal finances of the country’s political elite.
Greece’s Ruling Party Hits Record Low as Corruption and Rule of Law Concerns Shake Political Landscape
Another 70% pointed to government interference in institutions, while 68% cited the failure to properly enforce laws. The results reflect a broader crisis of confidence in public institutions at a time when political tensions in Greece remain high.
Blackstone’s Skroutz Bet Reflects Confidence in Greece’s Digital Economy
Founded as a price-comparison website, Skroutz has transformed over the past several years into Greece’s dominant online marketplace, building out logistics, payments and fulfillment capabilities designed to emulate larger international platform models.
Viva Wallet Swings Back to Profit as Dispute With JPMorgan Intensifies
The company posted adjusted EBITDA of €16.8 million in 2025, reversing a loss of €25.6 million a year earlier. Total payment volumes reached €37.2 billion across nearly 605 million transactions, according to annual financial statements released by the group.
Trump-Connected Investors See Strategic Opening in the Balkans
The push is centered on liquefied natural gas infrastructure and broader investments tied to American business interests, many of them connected to allies of President Donald Trumpm
Dimitriadis Reignites Greece’s Wiretapping Scandal With Explosive Interview
In the interview, Dimitriadis lashed out at Androulakis, accusing him of cultivating political “toxicity” and anger for partisan gain.
Drones, X-Rays and AI: Greece Escalates Fight Against Tax Evasion
The plan reflects a broader push by the Greek government to modernize one of Europe’s historically most fragmented tax systems and close a tax gap that has long burdened public finances.
Eurobank Posts First-Quarter Windfall From Romanian Tax Case Resolution
Eurobank reported a notable one-off gain in its first-quarter 2026 earnings after resolving a long-standing legal dispute linked to the sale of its former Romanian subsidiary, Bancpost, to Banca Transilvania in 2018.
World Bank Warning: Bureaucracy Is Sinking Entrepreneurship in Greece
Greece’s long-running struggle with bureaucracy is continuing to weigh heavily on businesses and investors, despite years of reforms aimed at modernizing the country’s economy, according to a new World Bank report that highlights deep inefficiencies across the judicial system, licensing procedures and public infrastructure.
Ex-Data Protection Chief Criticizes Supreme Court’s Handling of Greek Surveillance Scandal
Greece’s government is the clear beneficiary of the Supreme Court’s handling of the country’s sprawling spyware scandal, according to one of the country’s most respected former senior judges, who warned that the affair is deepening public mistrust in the judiciary and raising broader questions about the rule of law inside the European Union.
Inflation Roars Back in Greece, Threatening Fresh Pressure on Households
The broader concern is that inflation in Greece is no longer confined to temporary supply disruptions or imported energy costs.
NBA Europe: What the New League Could Mean for Panathinaikos and Olympiacos
The NBA believes the tournament could expand rapidly, growing to 18 teams and eventually 24 by its seventh season.
Greece Resists Calls for Fresh Energy Windfall Levies
The stance sets Greece apart from a growing group of European countries reconsidering windfall taxes as energy companies once again report robust earnings driven by market turbulence and strong refining margins.