News In English
Greek Small Businesses Struggle as Summer Sales Fail to Deliver
The Athens Traders Association has put forward a series of demands to the government.
Greece’s ferry industry struggles as soaring costs drive passengers away
The impact of inflation is being felt on two fronts.
Greek Research Sector in Turmoil Amid Funding Disputes and Resignations
The paradox is that research money is available.
Tourism 2025: What This Season Revealed and What Lies Ahead in 2026
Beneath headline numbers, however, lie challenges that will shape the industry’s agenda for 2026.
Tourism in Greece Shifts as Travelers Change Habits
These shifts are unsettling for tourism businesses.
Athens Keeps Close Watch on GDP Data Ahead of Thessaloniki Fair
The Greek government is awaiting with particular interest the release of second-quarter GDP figures on September 5, just a day before the Prime Minister is due to address the Thessaloniki International Fair, the country’s most prominent political and economic showcase.
Greece’s Golden Visa Shake-Up Triggers Sharp Drop in Property Investment
Foreign investment in Greek real estate has fallen sharply following recent changes to the country’s Golden Visa program.
Why Buying a Home in Greece Takes Six Months - and in Cyprus Only Days
Deep structural inefficiencies continue to weigh on the Greek property market.
Inflation and Changing Habits Hit Greece’s Dining Industry
Restaurant revenues in Greece have fallen for the second consecutive quarter, underlining growing strains on the country’s food service industry as both tourists and locals cut back on dining out.
Greece’s Largest Union Opposes New Labor Bill on Working Hours
Greece’s largest labor union is demanding the withdrawal of key provisions in a new government bill on employment, warning that the measures would worsen working conditions and undermine collective bargaining rights.
Rising Guarantees Under Greece’s Hercules Program Spark Fears Over Fiscal Risk
Figures from the Public Debt Management Agencyshow that the government’s outstanding guarantees under Hercules rose to €17.95 billion at the end of June 2025, up from €17.33 billion six months earlier.
Inflation «feeds» public coffers - Greece’s VAT revenues climb to 11% of GDP, compared with 7.5% in the EU
Inflation has quietly swelled public revenues, particularly through indirect taxation such as value-added tax.
Luxury Goods Market in Greece Slows in 2025, but Investments Press Ahead
Despite softer demand, brands continue to bet on Greece with new investments and store openings.
Greek Families Struggle Under Tax Burden as Promises Go Unfulfilled
Figures from the OECD show that Greece remains among the most heavily taxed countries when it comes to families.
Greece’s First Non-State Universities Face Narrow Start
The outcome underscores the gap between the government’s ambitious rhetoric and the realities of implementation.
The Summer of the Few: What Greece’s Tourism Boom Leaves Behind
For many Greeks, the cost of enjoying their own country has become prohibitive.
Greece Faces a Shortage of Two Million Workers by 2035
Analysts believe that only a mix of policies can turn the looming shortage into an opportunity.
Greek NGOs Urge Prime Minister to Defend Civil Society Against Political Attacks
In their letter, the NGOs reminded the prime minister of his own earlier remarks recognizing the importance of civil society.
Flights Affected by Short - Lived Radar Problem in Athens
The incident highlighted longstanding deficiencies in Greece’s air navigation infrastructure.
New Power Rules Aim to Ease Grid Strain in Greece
The decision is based on data collected by Greece’s grid operator ADMIE for 2023 and 2024, which shows that consumer habits have shifted significantly.
Billionaire Fintech Founder Tom Greenwood in Critical Condition After Serious Accident in Mykonos
He was initially rushed to the local health center in Mykonos, where his condition worsened and he suffered a heart attack while doctors tried to stabilize him.
U.S. Sanctions Greek Shipowner Over Role in Iranian Oil Exports
Scott Bessent said the sanctions «degrade Iran’s ability to fund terrorism and threaten our forces».
Greece Tightens Oversight of Crypto Exchanges and Wallet Providers
Stricter licensing framework for cryptocurrency service providers.
Greece Tightens Rules for Schengen Business Visas
The new rules for Schengen Business Visas set out clear financial thresholds.
Greece to Digitize Tax Authority Archives by Mid-2026
The digital overhaul is set to reshape the way Greece’s tax administration functions.
State Department Report Slams Greece Over Press Freedom Concerns
The U.S. State Department’s annual Human Rights Report for 2024 delivers sharp criticism of the Greek government, highlighting what it describes as serious and systemic shortcomings in press freedom and freedom of expression.
Greek Tax Authority Introduces Rapid-Response Mechanism for Tax Evasion Reports
The reform concerns intelligence reports that often stem from tips or whistleblower complaints and may reveal instances of tax evasion or customs violations.
Theon International Hit Hard as Defense Sector Falls on Shifting U.S.
The losses are particularly painful for those who participated in Theon’s June 4 share placement at €31.10.
Greece Streamlines Vehicle Import Procedures for Dealers and Private Buyers
Under the new rules, published in the Government Gazette, the system becomes stricter but also more straightforward.
Tax Windfall from Soaring Prices Leaves Greek Households Struggling
Τhe surge in revenues has little to do with a more dynamic economy and everything to do with inflationary pressure, which has inflated tax intake through higher prices.
Six Questions and Answers on the Electoral Law: Inside Mitsotakis’ Mind
It is difficult to imagine Mitsotakis wanting his name linked to shady electoral engineering reminiscent of Greece’s darker political past.