News In English
North Macedonia Grants License to Restart Long-Idle HELLENIQ ENERGY Pipeline
The approval followed the validation of the pipeline’s technical and operational rulebook, along with the method used to set its maximum transport tariff.
Greece Tops Eurozone for Poverty Risk and Unmet Medical Needs
Greece posted two troubling distinctions in the Eurozone in 2024: it had both the highest share of citizens at risk of poverty and social exclusion and the highest proportion of patients unable to access necessary medical care.
Public Sector Spending Review: All Agencies Under Scrutiny Over the Next Two Years
The Greek government is elevating its public-sector spending review into a central instrument of fiscal policy, following a new directive from the Secretary General of Fiscal Policy, Pavlina Karasiotou.
High Court Ruling Closes Decade-Long Case on Laiki’s Greek Bond Exposure
Cyprus’s Supreme Constitutional Court has rejected an appeal by four former senior executives of Cyprus Popular Bank, bringing a long-running legal battle tied to the country’s financial crisis to a definitive close.
Miscalculation Forces Euronext to Amend Athens Exchange Takeover Terms
The Board of the Hellenic Capital Market Commission approved Euronext’s request on Monday afternoon to revise its voluntary public share-exchange offer for all common registered shares of the Athens Exchange (ATHEX).
Samaras Breaks Silence with Sharp Attack on Mitsotakis and Hints at New Party
Samaras rejected any suggestion that his rift with Mitsotakis is personal.
Low Declared Incomes Put Greek Freelancers Back Under the Tax Microscope
Despite long-standing concerns, the odds of a thorough tax audit in Greece remain relatively low.
Greece Faces Housing Crunch as Building Permits Plunge and Empty Homes Pile Up
Greece is grappling with a deepening housing shortage, the result of years of subdued construction activity and regulatory upheaval that has complicated the issuing of building permits.
Long-Term LNG Pact and Renewables Push Propel Aktor Energy Toward IPO
Aktor Energy, a newly established subsidiary of Aktor, is rapidly shaping a credible path toward a future listing on the Athens Stock Exchange.
Aktor–DEPA’s LNG Ambition: The New Energy Order in Southeast Europe and Its Winners and Losers
The long-term LNG supply agreement signed between Atlantic–See LNG Trade — the new joint venture established by Aktor Energy and DEPA Commercial — and U.S. exporter Venture Global marks the beginning of a significant shift in Southeast Europe’s energy landscape.
The Economic Footprint of This Year’s Athens Marathon and Its Wider Impact on Tourism
This year’s Athens Authentic Marathon, which drew 72,800 participants across all events, stands out as a major economic driver for the city.
Greece Struggles With High Public Sector Arrears
Greece’s public sector continues to grapple with high levels of unpaid bills, even as total overdue obligations fell slightly in September.
The reshuffle crossword puzzle
As Greece edges toward the final stretch of Kyriakos Mitsotakis’ second term, political attention is turning to what is expected to be the prime minister’s last cabinet reshuffle before the country heads to the polls.
Euronext Lowers Acceptance Threshold for ATHEX Acquisition to 50% + 1 Share
Euronext also reaffirmed that, if the offer is successful, it intends to integrate ATHEX into its corporate structure regardless of the final level of shareholder participation.
Tobacco Companies Could Soon Foot the Bill for Beach Cleanups in Greece
Cigarette filters contain plastic and have been classified as single-use plastics under European and Greek legislation since 2020.
Amid Rising Rates Across Europe, Greece Stands Out With Ultra-Low Dividend Tax
At the opposite end of the spectrum are Estonia, Latvia and Malta, none of which impose any tax on dividends.
Bank Surveys Reveal Wide Gap Between Greek and EU Lending Conditions
Recent surveys by the Bank of Greece and the European Central Bank highlight stark differences in lending trends between Greece and the rest of the European Union, particularly when compared with the bloc’s four largest economies—Germany, France, Italy and Spain.
Greece, Cyprus, Israel and U.S. Unite Behind Regional Energy Links Amid Rising Tensions
The statement was released following the 3+1 Energy Ministerial, bringing together officials from the United States, the Republic of Cyprus, Greece, and Israel.
Why Greece’s New Gas Deal Won’t Deliver Overnight
Exaggeration is hardly new in Greek public life, and it resurfaced on Thursday following the Farm-In agreement signed by HELLENiQ ENERGY Holdings, ExxonMobil and Energean.
Strong U.S. Interest in Metlen’s Gallium and Defence Expansion Revealed
Metlen’s announcement on Thursday of its third major corporate transformation unfolded in an atmosphere charged with emotion—particularly for Executive Chairman Evangelos Mytilineos.
Greece Emerges as Eurozone Outlier on Worker Protections
Collapse in collective bargaining coverage puts Greece far off course from the EU’s target of 80% coverage by 2027.
Helleniq Energy Rebrands Elpedison as It Fully Integrates Power Subsidiary
Chief Executive Officer Andreas Siamisiis is expected to present the group’s broader plans.
Europe’s Welfare Model Under Pressure, IMF Says
According to the report, spending pressures will rise by around 4.5 percentage points of GDP in Western Europe by 2040, and by 5.5 points in Central and Eastern Europe.
Euronext Rebuts “Myths” Over Athens Stock Exchange Bid, Pledges to Strengthen Greek Market
According to Euronext, smaller Greek brokerages are not at risk of being squeezed out. Instead, they would gain access to broader liquidity, a larger investor base and state-of-the-art European trading infrastructure.
Greek Households Brace for Tough Year Ahead as Confidence Sinks Further
Greek households view their financial situation over the past year slightly more negatively, and expectations for the coming year have deteriorated sharply.
Greek Postal Upheaval Spotlights Difficult Path to Public-Sector Reform
The government promises a revised roadmap, consultation with local leaders and assurances that no community will be left without service.
Greece Modernizes Consumer App to Offer Smarter, Faster Price Guidance
e-Katanalotis will evolve from being simply a price-comparison service into a broader digital hub for consumer information and support.
Greek-Swedish Joint Venture Skywave Targets Next-Gen Communication Systems
Technologically, Skywave intends to concentrate on artificial-intelligence methods for detecting jamming threats against unmanned aircraft systems.
A House, a Bomb, and a Blood Feud: Crete Village Plunged Into Chaos
The tragedy has revived painful memories in Crete, a region where vendettas once shaped life in isolated villages.
Greece’s Governing Party Stumbles Amid Rising Public Discontent
The trend that stands out most is the surge in undecided voters, now at 21.5%.
Eurobank Wins Seven-Year Legal Battle Over €29 Million Romanian Tax Dispute
Under the terms of the sale agreement, Eurobank would have been liable for the amount if the ruling became final.