News In English
Greece Joins France and Norway in New Push for Digital Ocean Governance
The country brings significant maritime credentials to the table, including one of the world’s largest commercial shipping fleets and a long-standing presence in ocean research.
OPAP Board Signs Off on Interim Results, Greenlights Executive Payouts
Operating expenses included €8.45 million in payroll, €6.34 million in marketing and advertising, and €11.79 million in other operating costs. Financial expenses, largely tied to borrowing, came in at €3.64 million.
Greece’s Wiretapping Controversy Deepens After Supreme Court Prosecutor Rejects Reopening of Spyware Case
The decision triggered an immediate political backlash, with opposition parties alleging a cover-up and warning of a deepening crisis in the rule of law.
Greece’s Waters Fill with Superyachts, but Public Coffers Stay Light
The country now attracts close to a quarter of global mega yacht traffic, a figure that underscores its appeal but also amplifies the strain on its coastal ecosystems.
Greece Channels Film Incentives Toward Foreign Productions in 2026 Plan
Authorities are introducing an additional €30 million pool financed through European Union structural funds for 2021–2027.
Trump’s Planned Ankara Visit Puts Eastern Mediterranean Tensions in Spotlight
Turkish officials are said to be investing significant diplomatic capital in the planned July 7–8 summit, where Trump is expected to meet President Recep Tayyip Erdoğan.
Election Calendar to Determine How Greece Deploys Budget Windfall
If voters head to the polls in late 2026, the government faces a tight fiscal bind.
Europe Must Rethink Defense as Old NATO Model Fades, Says Evangelos Mytilineos
Mytilineos emphasized that industrial collaboration between Greece and France is not a temporary alignment but the result of deep-rooted historical ties.
Ruling Party Support Dips in Greece Amid Political Scandals
The survey shows New Democracy dropping by 2.3 percentage points in voting intention to 23.8%, effectively erasing the gains it recorded a month earlier.
Soaring Home Prices Push Greece Toward Politically Risky Tax Shift
Plans are underway to introduce a fully automated nationwide system by early 2027, designed to adjust valuations dynamically in line with market trends.
Insurers, Hospitals Clash in Greece as Costs Surge for Consumers
Insurance data show that payouts for hospital care surged by 42% between 2021 and 2024, reaching €747 million, up from €525 million.
“Acronym for Corruption”: EU Prosecutor Targets Greek Agency, Rattling Government
“The real question is what happened at OPEKEPE and who is responsible,” she said, stressing that the conduct outlined in the case file constitutes criminal offenses under both Greek and European law.
IMF Sees ‘Radical Transformation’ in Greece’s Tax System After Years of Reform
The IMF argues that Greece’s experience offers broader lessons. Institutional independence, it says, has been critical to building credibility and sustaining reform.
Former Greek Leader Tsipras Reemerges With Sharp Critique of Government
The speech marked Tsipras’ clearest signal yet that he is preparing a political comeback, after months of increasingly frequent interventions.
Greece’s Public Power Corporation to Launch €4 Billion Share Offering in May
According to the plan, earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to more than double, reaching €4.6 billion by 2030 from €2 billion projected for 2025.
Mitsotakis Warns Europe Needs ‘Plan B’ as Middle East Crisis Threatens Global Energy Supplies
Despite his emphasis on European coordination, Mitsotakis reaffirmed his support for strong transatlantic ties, arguing that cooperation between Europe and the United States remains indispensable in an increasingly unstable global environment.
Greece Moves to Speed Up Judicial Proceedings for Politicians in Wake of EU Probe
All 13 MPs insisted they had acted within their official duties and denied any wrongdoing or financial damage to either the European Union or the Greek state.
Binance Applies for EMI License in Greece as It Deepens EU Footprint
The company intends to provide transfer services for digital assets, while also entering more deeply into the electronic money space through the issuance, distribution and redemption of e-money.
Greece Unveils €796 Million Aid Package as Energy Crisis Bites, but Impact Seen as Limited
The plan, presented this week, earmarks €796 million for 2026 and carries a permanent fiscal burden of €279 million annually from 2027 onward.
Turkey Challenges Greek Fishing Maps, Calling Aegean Boundaries “Imaginary”
Turkey further asserts that any fishing restrictions imposed by Greece beyond its territorial waters of six nautical miles are invalid, especially in zones Ankara.
Greece Prepares New Support Package to Shield Households from Middle East Fallout
The measures have been prepared by the government’s economic team, drawing on additional fiscal space created by a stronger-than-expected budget performance.
Piraeus Bank Aims to Double Dividends as Profit Growth Accelerates
The plan hinges on steady underlying growth, with earnings per share projected to rise by roughly 10% annually.
London Court Weighs Greece’s Early Buyback of GDP-Linked Securities
The case, heard before Justice Bright, centers on GDP-linked warrants issued by Greece in 2012 as part of its sweeping debt restructuring.
Legal Fight Over Cyprus Casino Megaresort Set to Stretch Into 2027
At the center of the case is the sprawling City of Dreams Mediterranean, a casino resort in the coastal city of Limassol that opened in July 2023.
Onassis’s Christina O Returns to Market With €52 Million Price Tag
Seen from above today, often captured in the sweeping clarity of drone footage, the Christina O still cuts an imposing figure.
Kövesi’s Athens Visit Tests Greece’s Stance on EU Rule of Law
At the center of the controversy is Popi Papandreou, one of the EPPO’s delegated prosecutors in Athens.
Athens Exchange Rebranding Scrapped as Euronext Takes Control
The identity of ATHEXGROUP, introduced after a late-2024 overhaul by the Athens Exchange Group, lasted just 16 months and 10 days.
Macron Heads to Greece With Defense Deal and Submarine Proposal on Agenda
While any final contract is unlikely before 2028, officials on both sides see Macron’s visit as decisive in setting the direction of the deal. The current timeline envisages the first submarine entering service in the mid-2030s, with subsequent vessels potentially built entirely in Greek shipyards.
Mounting Scandals Test Greek Prime Minister’s Grip on Power
For now, the government’s approach appears to be one of delay: maintaining unity within its ranks while awaiting further developments from the European Public Prosecutor’s Office, which is examining aspects of the subsidy case.
Greece Weighs Up to €400 Million in New Support Measures as Surplus Beats Expectations
The outcome of those discussions will determine how much of the surplus can be redirected toward household support.
Legal Overhang Clouds Aeon SPAC’s Push for Nasdaq Listing
Aeon sought to block the arbitration in New York state court, while Mr. Mallios and a related entity agreed to indemnify the company against potential liabilities. The parties reached a tentative settlement in late March that could clear the path for the IPO—but only if the offering is completed by May 25.