News In English
Greece Upgrades Tax - Data System Used to Exchange Financial Information With U.S.
FATCA - the Foreign Account Tax Compliance Act - is a U.S. law designed to identify financial assets held outside the country by people with American tax obligations.
Greece’s Inflation Windfall: Higher Prices Fill State Coffers as Households Get Handouts
A year ago, Greece’s Finance Ministry expected 2026 tax revenue of €73.53 billion. It now forecasts €75.73 billion, an increase of roughly €2.2 billion from that initial estimate and €2.09 billion, or 2.8%, above the subsequent budget target.
Greece Edges Up Economic-Freedom Ranking but Remains Near Bottom of EU
Greece ranks 61st among 165 countries and jurisdictions in the 2026 Economic Freedom of the World index, up from 63rd a year earlier.
Greece’s Raycap Builds Global Ambitions on Exports, Investment and Innovation
Founded by entrepreneur Costas Apostolidis and now led by Kalissa Apostolidis, Raycap reported revenue of €148.3 million in 2025.
Greek Money Launderers Found an Unlikely Middleman: The Utility Bill
Individuals paid electricity and other utility providers substantially more than they owed, building up large credit balances.
Can Greece Restart Its Cyprus Power Cable Without Strengthening Turkey’s Claims?
Greece and Turkey hold sharply different views over maritime jurisdiction in the Eastern Mediterranean.
Kimberly Guilfoyle’s Future in Athens Is Now a Polymarket Bet
Polymarket contracts trade between “Yes” and “No,” with their prices broadly reflecting the probability participants assign to an outcome.
Middle East Conflict Pushes Greek Fuel Prices Above €2.20 a Liter
The nationwide average price for regular 95-octane gasoline stands at €2.206 a liter, while premium 100-octane costs €2.453.
Greece’s Universities Have a New Problem: Classrooms Without Students
Across the country, 13 departments enrolled fewer than 10 new students and 25 took in fewer than 20.
Athens Residents Take to the Streets Over Metro Construction Damage
The dispute presents a challenge for Athens as it undertakes one of its biggest transportation projects in decades.
Samaras’s Warning to the Mitsotakis Government Over Balkan Concessions Gains New Weight
That accord ended the long dispute between Athens and Skopje by changing Greece’s neighbor’s name to North Macedonia.
Greece’s Top Court Curbs Tax Authority’s Reach Into Decade-Old Cases
At the center of the dispute was legislation adopted in 2019 that gave tax authorities additional time to investigate older cases of suspected tax evasion.
Bond-Market Turmoil Hits Greece, but This Time Athens Is Holding Up Better
The spread between Greek and German 10-year bonds - a closely watched measure of the additional risk investors attach to Greek debt - is about 109 basis points.
Crete Storm Emergency: 112 Alert Issued in Mylopotamos as Severe Weather Rages On
Severe weather continues to pound Crete, with authorities issuing a fresh 112 emergency alert for Mylopotamos as heavy rain and dangerous conditions persist across the island.
Greece Weather Alert: Crete Braces for New Storms as Dodecanese Turn Red This Weekend
A fresh weather warning has been issued for Greece as severe storms continue to threaten the southern Aegean, with Crete facing another deterioration and the Dodecanese now entering the danger zone.
Crete Under Water: Lasithi Plateau Flooded as Relentless Rain Destroys Crops
Anxiety is mounting in Crete as relentless heavy rain continues to batter the Lasithi Plateau, leaving vast areas flooded, roads inaccessible and crops severely damaged.
Tourist Killed by Lightning in Rhodes: 58-Year-Old Dies Instantly While Walking With Husband
A holiday in Rhodes ended in tragedy after a 58-year-old tourist was struck by lightning and killed instantly while walking with her husband in the south of the island.
A Tiny Group of Debtors Owes Nearly Three-Quarters of Greece’s Overdue Taxes
Tax liabilities account for €52.69 billion of that amount, while fines represent €17.31 billion and other nontax obligations €9.27 billion.
Greek Banks Can Weather Severe Shocks, but S&P Flags a Concentration Risk
Greece’s four systemic banks often lend to the same large companies. Their 20 biggest borrowers represent 12% to 18% of gross loans - the highest concentration in the European Union.
Greek MEP Presses EU to Confront Turkey Over Threats to Strategic Power Link
Turkey’s statement came on Oct. 1, the anniversary of the Republic of Cyprus’s independence.
Greek Dairy Prices Jump Again as Milk Shortage Tests Consumers
Greece has been encouraging supermarkets and suppliers to participate in a voluntary price-reduction initiative as households remain sensitive to the cumulative impact of several years of inflation.
Kimberly Guilfoyle Faces Growing Congressional Scrutiny Over Meetings and Energy Diplomacy
Dnews.gr was informed Thursday morning that members of Congress had begun taking steps to examine issues raised by the Journal’s reporting on Guilfoyle and Marafatsos.
Crete Weather Tomorrow: Brief Lull Before Storms Intensify Again on Friday
Crete is bracing for another dangerous turn in the weather on Friday, October 2, with only a brief break expected before heavy rain and thunderstorms begin intensifying again later in the day.
Deadly Crete Floods: Farmer Swept Away as Bridge Collapses and Raging Waters Tear Through Villages
A deadly storm is wreaking havoc across Crete, leaving one man dead as raging floodwaters tear through villages, destroy roads and force emergency crews into a race to rescue people trapped by the rising water.
Crete Flood Disaster: One Dead as Raging Waters Sweep Cars Into the Sea and Destroy Roads
Crete is facing dramatic hours as severe storms hammer the island, leaving one man dead, roads submerged, bridges damaged and entire areas battling rapidly rising floodwaters.
Crete Flood Emergency: Roads Turn Into Raging Torrents as Mud and Debris Sweep Through
In several areas, emergency crews and heavy machinery had to be deployed immediately to clear the debris and restore access.
Crete Storm Intensifies: Heavy Rain Set to Worsen as Weather System Deepens
Severe weather continues to batter Crete, with meteorologists warning that conditions are expected to deteriorate further as a deepening low-pressure system fuels stronger and more persistent rainfall across southern Greece.
Crete on Flood Alert: ‘The Rain We Desperately Needed Could Now Become a Threat’
Crete is facing a growing flood threat as relentless rainfall continues to hit the island, with weather forecasts warning that some areas could receive as much as 150 to 200 millimetres of rain within just 24 hours.
Crete Floods: Deadly Storm Batters Island as Homes Flood and Cars Are Buried in Mud
Severe weather continues to sweep across Crete, with forecasts warning that conditions could intensify in the coming hours. A livestock farmer has been found dead in Rethymno, while torrents of mud have turned roads into rivers and large areas have been flooded.
Greek Composer Stavros Xarchakos Moves to Trademark His Name
The filing represents an effort to establish a broad legal perimeter around the commercial use of Xarchakos’s name.
Greece Courts Foreign Capital With Fast-Track Investment Incentives
The initiative reflects Athens’s broader effort to turn the surge in foreign investment seen in recent years into longer-term productive capacity.