News In English
Metlen’s Strategic Bet on Gallium Takes Shape
Metlen plans to produce 50 metric tons of gallium annually.
OTE’s Wholesale Revenue Shrinks as It Walks Away From Low - Margin Business
As OTE expands its own fiber network, competitors are increasingly using that infrastructure to serve their customers.
Three Firefighters Die as Wildfires Burn Across Greece
The firefighters, who died at the wildfires, are believed to have left the truck amid dense smoke, limited visibility and fast-moving flames.
Greek Premier’s Nephew Loses Third Lawsuit Over Surveillance - Scandal Reporting
The decision marks the third lawsuit brought by Dimitriadis over reporting related to Greece’s surveillance scandal to be rejected by a Greek court.
Metlen Secures Landmark U.S. Gallium Supply Deal, Advancing Europe's Critical Minerals Push
The deal represents a strategic milestone in Europe's efforts to build a more resilient supply chain for critical raw materials.
Greece Has Plenty of Homes. Why Is Housing So Unaffordable?
About two in five Greek households spend more than 40% of their income on housing, putting them above the threshold commonly used to identify households facing housing-cost overburden.
ElvalHalcor First-Half Pretax Profit Jumps 78.6% as Metal Prices, Volumes Lift Results
Revenue rose 18% to €2.20 billion in the six months through June from €1.86 billion a year earlier.
Panik Entertainment, Delta Production Form New Greek Entertainment Venture
The partnership has been formalized through the newly established Crescendo Music Company, a vehicle that combines Panagiotakis’s production interests with Panik’s music and artist-management business.
Nine Greek Beaches Lose Blue Flag Status Over Management Shortcomings
The Blue Flag is one of the world’s most recognizable environmental certifications for beaches, marinas and tourism boats.
Greek Households Burn Through Savings as Incomes Fall and Investment Slumps, Eurostat Data Show
Gross disposable income in Greece fell 2.5% from the previous quarter, according to Eurostat. Yet household spending on individual consumption rose 1.2% over the same period.
Theon Sees Temporary Rise in Leverage as Acquisitions Drive Growth
The company's net debt-to-EBITDA ratio, currently at 1.7x, is expected to rise to around 3.0x on a pro forma basis following the acquisitions of France's MERIO and HGH.
Chubb to Expand Thessaloniki Technology Hub With €15.5 Million Investment
The investment has been approved under Greece's development law, which provides state support for large-scale projects considered strategically important for the country's economy
Dubai Arrests of Alleged Tobacco-Smuggling Crime Bosses Mark Blow to Greek Organized Crime
The suspects are known by the aliases "Entik," described by investigators as the organization's leader, and "Leonidas," an ethnic Greek from Uzbekistan who is alleged to have served as the group's second-in-command
Surging Oil Prices Undercut Greece’s Fuel Relief Measures
International oil prices rose so quickly that much of the discount was effectively wiped out before consumers could feel the benefit.
Greece Tightens Jet-Ski and Water-Park Rules as Marine Tourism Expands
Rented jet skis will have to carry satellite-tracking and remote-control systems, while floating water parks will for the first time operate under a dedicated set of technical and safety standards.
Parnon Holdings Acquires DBC Corporate Advisory in First Deal Under Giannis Sakkaris
Giannis Sakkaris is the brother of professional tennis player Maria Sakkari, one of Greece's best-known international athletes. Maria Sakkari is engaged to Konstantinos Mitsotakis, the son of Greek Prime Minister Kyriakos Mitsotakis.
Despite Poll Lead, Greece's Governing Party Faces Questions Over Waning Momentum
While the figures leave New Democracy comfortably ahead, they also indicate that nearly seven out of ten voters are backing other parties, highlighting the limits of the governing party's electoral appeal after years in office.
Greece’s Supermarket Price-Cut Plan Falters as Middle East Tensions Raise Costs
Retailers and manufacturers say the international outlook has already changed the terms of the debate, leaving in doubt a plan that only days ago appeared settled.
Greek Patriot Battery Downs Another Drone Over Saudi Arabia After Earlier Missile Intercepts
The Greek contingent remains fully operational and continues to carry out its mission, military officials said.
Greece Posts One of EU’s Sharpest Increases in Airfare Prices
Prices for air-passenger services in Greece rose 15.1% in June 2026 from a year earlier.
Greek Constitutional Debate Revives Scrutiny of Mitsotakis Over Surveillance Scandal
Mitsotakis opened the debate by accusing PASOK of acting irresponsibly for refusing to support constitutional amendments it had itself argued should be revised.
Greece Wants Consumers to Know Which Phone Company Keeps Them Waiting
The Hellenic Telecommunications and Post Commission, known as EETT, has introduced a more detailed framework for measuring service quality across the industry.
The Tax Math Behind Greece’s Boom in Property-Management Companies
Between Jan. 1 and July 23, 2026, 5,220 new real-estate companies were established with property management as their stated business activity, according to registration data.
EFA Ventures - Led Group Wins €11 Million Contract to Upgrade Greek Airport Navigation Systems
Rhodes and Thessaloniki are exceptions, after data for the two airports was recently collected and verified.
Greek Government Plan to Extend Court Leadership Terms Draws Judicial Backlash
Critics on the greek govenrment's proposal have questioned the timing, noting that several high-profile proceedings are approaching important stages.
Greek Prosecutor Seeks Special Court Trial Over Handling of Deadly Tempe Train-Crash Site
A senior Greek prosecutor has recommended that a former government minister and four other officials face trial over the handling of the site of Greece’s deadliest rail disaster, potentially opening a new judicial front in a case that has become a test of public confidence in the country’s institutions.
Greece’s Tourism Boom Gathers Pace as Visitor Numbers and Spending Surge
Greece’s tourism industry entered the summer season with strong momentum, as international arrivals and travel revenue climbed sharply in the first five months of 2026, reinforcing the sector’s role as a crucial source of foreign income for the country’s economy.
Greek Ruling-Party Lawmaker Challenges Mitsotakis Over Recycling Spending
A lawmaker from Greece’s governing conservative party is pressing Prime Minister Kyriakos Mitsotakis for detailed information about the country’s recycling system, an unusual public challenge from within the government’s own parliamentary ranks that puts the handling of public funds under scrutiny.
Theon Lines Up €300 Million Bridge Financing as It Pursues French Defense Deal
European defense-technology company Theon International is arranging €300 million, equivalent to about $350 million, in bridge financing as the company moves ahead with plans to acquire French infrared-systems specialist HGH, in a deal that would further expand its footprint in Europe’s fast-growing defense sector.
Greece Goes on High Alert as Heat Wave Pushes Wildfire Risk to Extreme Levels
Greece is putting its civil-protection system on its highest level of alert Wednesday as a severe heat wave, dry winds and low humidity combine to create what authorities described as extreme conditions for wildfires.
Mitsotakis’s Majority Slips Away as Samaras Threat Looms Over Greece’s Conservatives
The latest survey by polling firm Interview puts New Democracy at 26.8%, a steep decline from the roughly 41% it won in Greece’s June 2023 national election.