News In English
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.
Greece Weighs Up to €400 Million in Aid as Budget Surplus Surges
The Greek government is entering the final stage of deliberations over a new package of financial support measures that could amount to as much as €400 million, funded by a stronger-than-expected fiscal surplus for 2025.
Greece Tightens Scrutiny on Short-Term Rentals, Issues Heavy Fines
Greece’s tax authorities have uncovered widespread violations in the country’s booming short-term rental market, flagging more than 38,000 taxpayers for undeclared income and irregularities tied to property transactions, according to officials.
Turkey Emerges as a Tourism Powerhouse for Greece with Record 2025 Visitor Surge
Turkey has rapidly evolved into one of the most important tourism markets for Greece, with visitor flows reaching unprecedented levels in 2025.
Tax Gaps Persist as Greece Targets Higher Compliance by 2029
Greece’s tax administration faces a significant distance to cover by 2029 if it is to meet its ambitious targets for improving tax compliance, with the latest data revealing a picture of both progress and persistent gaps.
Greece’s Housing Boom Continues, Pushing Prices Higher Across Major Cities
Compared with the first quarter of 2025, the average asking sale price for residential properties in Greece increased by 7.9%, while the average asking rental price rose by 4.2% nationwide.
Predator Scandal Haunts Mitsotakis as Greek Parliament Reignites Wiretapping Row
Under pressure over new allegations tied to the Predator spyware affair, Mitsotakis declined to offer substantive answers on the latest developments.
Greece Most Dependent in the EU on Gulf Energy Imports
Between 2023 and 2025, Greece imported an average of €19 billion, equivalent to about $20.5 billion.
Greece Emerges as Europe’s New Hotspot for Branded Luxury Residences
Greece now ranks among Europe’s five fastest-growing markets for branded residences homes attached to luxury hospitality or lifestyle brands.
Greek Growth Seen Slowing if Energy Crisis Deepens, Think Tank Warns
The Foundation for Economic and Industrial Research said Greece’s gross domestic product would expand by 1.4% in 2026.
Greece Bets on High-Risk Offshore Gas Hunt in Ionian Sea
The target, known as Asopos 1, lies in Block 2 off northwestern Greece and is estimated to contain up to 270 billion cubic meters of natural gas.
Fairfax’s Prem Watsa Hails Greece Bets as Firm’s Best-Ever Investments
Fairfax posted record net earnings of $4.8 billion in 2025, capping what Watsa described as a transformative period for the insurer and investment group.
Greece Emerges as Europe’s New Hotspot for Branded Luxury Residences
Greece now ranks among Europe’s five fastest-growing markets for branded residences—homes attached to luxury hospitality or lifestyle brands.
Greece Eyes New Aid Measures if Hormuz Crisis Deepens, Minister Says
Speaking from the headquarters of the International Monetary Fund in Washington, Pierrakakis downplayed the IMF’s revised forecast for Greek economic growth.
Pierrakakis Warns Energy Crisis Duration Will Shape Europe’s Economic Outlook
Pierrakakis said the European economic outlook is deteriorating, with growth forecasts being revised downward and inflation expectations moving higher.
Scandals Are Engulfing Greece’s Government as Pressure Mounts on Prime Minister Mitsotakis
At the center of the turmoil is a mounting sense that Mitsotakis has become politically captive to events.
Greek Government Backs Deputy Minister Amid Degree Row
Lazaridis has denied wrongdoing and insisted he was lawfully appointed under the looser rules governing political hires at the time.
Greece Unveils Sweeping Cannabis Market Overhaul During Easter Holiday Weekend
Critics say the timing of the announcement suggests an attempt to avoid public debate over reforms with major implications.
Ankara Criticizes Greece and Cyprus Over Israel Alignment
The Turkish foreign minister’s comments come amid mounting geopolitical friction across the region, including concerns over maritime security and energy routes.
IMF Event to Spotlight Europe’s Growth Challenges in Fragile Global Economy
The conversation is expected to focus on the mounting pressures facing Europe’s economy, including weak growth, sluggish productivity and limited fiscal room, alongside rising demands for greater spending on defense, energy security and the green and digital transitions.
Market Volatility Pushes Greek Borrowing Costs Higher
Longer-dated bonds also came under pressure, underlining that the repricing was not limited to short-term maturities. The 15-year yield increased to 3.913% from 3.766%, while the 30-year yield rose to 4.402% from 4.323%.
Fuel Price Spike in Greece Drives Up Costs From Transport to Supermarkets
The Cyclades island group has the highest average price for 95-octane unleaded at €2.216 per litre, followed by the Dodecanese and the regional unit of Heraklion on Crete.
Greece Eyes Autumn Elections as Mitsotakis Rules Out Early Summer Vote
According to information, there is a widespread belief that the administration will not complete its four-year mandate.
Report Claims Secret Cooperation Between Greek Intelligence and Predator-Linked Company
According to the report, the agreement involved the intelligence service’s Center for Technological Support, Development and Innovation (KETYAK), based near Athens.
Strong Hedging and Solid Fundamentals Support Metlen Outlook
Operating in a highly volatile environment, Metlen has taken proactive steps to protect its performance
Predator Wiretapping Case: Appeal Trial Set for December 11
The case centers on allegations of illegal phone surveillance that have raised serious concerns about privacy and the rule of law in Greece
Legal Delays Threaten New Prosecutions in Greece’s Predator Spyware Case
Christos Kaklamanis, a lawyer representing PASOK leader Nikos Androulakis — one of the most prominent alleged surveillance targets — said delays in bringing charges could effectively dismantle parts of the case.
Greece Targets Social Media Access for Under-15s With Strict New Rules and Heavy Fines
The measure will apply to children born from the beginning of 2012 onwards, effectively covering all users under 15 at the time the ban comes into force.
Greek Government Scrambles to Contain Expanding OPEKEPE Probe
Government spokesperson Pavlos Marinakis has sought to lower the political temperature, arguing that not all interactions between politicians and citizens should be construed as wrongdoing
Middle East Crisis Prompts Greece to Reassess Energy Readiness
Similar contingency mechanisms exist for natural gas, a key component of Greece’s energy mix, particularly for electricity generation.