News In English
The Economic Abyss of the German Occupation: How Nazi Rule Devastated Greece’s Economy
The exploitation was formalized in March 1942 through what became known as the Occupation Loan, an agreement imposed by Germany and Italy on the Greek government.
Greece’s Economic Divide Widens as Attica Pulls Away from the Rest
Between January and June 2025, total bank deposits in the Attica region rose by €1.57 billion - a surge driven almost entirely by the Regional Unit of Athens, which alone added €1.584 billion.
Can Greek Investors Turn $25,000 into $133 Million? Inside Aeon’s Nasdaq Ambition
The proceeds—amounting to $250 million if fully subscribed—will be placed in a U.S. trust account managed by Odyssey Transfer and Trust Company.
Greece’s Defense Minister Caught in Political Crossfire as Party Divisions Deepen
The dispute intensified after Dendias met with the mayor of Athens and appeared to contradict the government’s stance by claiming that, under the Constitution, maintenance of the monument remains a municipal duty.
Greek Court Cancels Tax Debt Over Bureaucratic Delay
Greece’s Council of State has cleared a businessman of a €230,000 tax debt after ruling that the country’s tax authorities failed to act within the legal five-year limit, in a decision highlighting how bureaucratic inertia continues to undermine the state’s ability to collect revenue.
Greece Sees Surge in Property-Holding Companies
Greece is witnessing a steady rise in the number of companies that own real estate, with the total expected to surpass 70,000 for the first time in 2025.
Fire at Hellenic Defense Systems Plant in Lavrio Raises Safety and Pollution Concerns
The incident has drawn further attention to the long-standing delays in the decontamination of the Lavrio facilities.
Foreign Property Owners in Greece Under Scrutiny for Undeclared Rental Income
The issue primarily concerns citizens from EU and Balkan countries who lease their properties through short-term platforms such as Airbnb or through long-term rental agreements without declaring the income to Greece’s Independent Authority for Public Revenue (AADE).
Tears, Music, and Farewell: Greece Bids Goodbye to Dionysis Savvopoulos
The Hellenic Navy Band, the City of Athens Philharmonic, and the ERT Choir accompanied Savvopoulos to his final resting place, filling the streets with the sound of his own songs — “Ode to Georgios Karaiskakis,” “Synnefoula,” “Don’t Talk About Love Any More,” and “Let the Dances Last.”
Greece Rises Among Europe’s Leading Pasta Producers
In terms of trade, the EU exported 2.9 million tonnes of pasta and imported 1.7 million.
Greece Plans Wave of Property Auctions as Tax Debt Collection Intensifies
At the top of the auction list is a major property in Nea Ionia, Attica, situated at the junction of 1 Kymis and Byzantium Streets.
With the Economy Under Strain, Greece’s Political Scene Awaits Tsipras’s Next Move
Former prime minister Alexis Tsipras is reportedly preparing to launch a new political movement, which could reshape the balance of power.
Aging, Falling Birth Rates, and Labor Shortages: Without Migrants, Greece’s Economy Could Collapse
Fewer young people mean fewer workers, lower productivity, and mounting strain on pension systems as the number of retirees grows and the base of contributors shrinks.
Poverty Shrinks at a Drip as Greeks Grow More Pessimistic - What Eurostat’s Data Reveal
The European figure has shown clear improvement since 2023, when it stood at 19.1%, but Greece’s recovery remains largely stagnant.
Mytilineos Calls for an Honest Debate on the Real Demands of the Energy Transition
“Politicians have failed to be upfront about the enormous investments needed in energy infrastructure,” Mytilineos said.
Greek Poll Shows Voter Fatigue: Ruling Party Slips as 63% Want Political Change
Nearly 70% of Greeks believe the nation is heading the wrong way, and almost half (46%) say their personal financial situation has worsened over the past year. Inflation remains the top concern for 44%, followed by the broader economy (34%) and the perceived “crisis of institutions” (22%).
Greek Predator Spyware Trial Opens Amid Expanding Intellexa Scandal Across Europe
The Athens trial targets four business figures accused of violating communications privacy laws: Giannis Lavranos, reportedly the real owner of the tech contractor Krikel, and Felix Bitzios, Tal Dilian, and Sara Hamou, linked to Intellexa — the company that developed and managed Predator.
Hellenic Court of Audit Reveals Legal Irregularities in Public Contracts and Delayed Fiscal Reform
The most recent deadline, set for January 1, 2025, has passed without completion of the reform.
Greece’s Market Regulator Eases Rules Ahead of Euronext’s Bid for Athens Exchange
Under the revised framework, the HCMC will be able to tailor the depth of its assessment and the level of documentation required according to the size and nature of the investor and the transaction.
Greece’s Property Market at a Turning Point
Affordable housing has become one of the most pressing challenges in Greece and across Europe, with supply lagging far behind demand.
Greek Defense Minister Distances Himself from Prime Minister Over Unknown Soldier Monument Debate
In a carefully worded statement—released while the prime minister was still speaking—Dendias emphasized that the Armed Forces would not allow the monument to become a tool of political maneuvering or social division.
Greece Prioritizes Clearing Public Sector Arrears as Debts Rise Again
The ministry says the goal is to strengthen transparency, accountability and consistency in state payments.
The European Commission’s 2026 Work Programme: What It Means for Greece and the EU
The European Commission is introducing a new framework to enhance energy efficiency, expand renewable energy use, and ensure secure energy supply across the continent.
Greece’s Transport Ministry Clears Up Confusion Over the New Highway Code
The ministry also addressed claims that the new Code forbids keeping shopping bags inside the cabin.
Political Storm Erupts in Greece Over Control of the Unknown Soldier Monument
The Greek Parliament is set to debate on Tuesday an amendment concerning the protection and operation of the Monument of the Unknown Soldier in central Athens — a measure that has already sparked strong political reactions.
Tsipras Seen as Leading Voice of Greece’s Centre-Left, New Survey Finds
Prime Minister Kyriakos Mitsotakis remains the leading figure overall.
Euronext Stands Firm on Offer for Athens Exchange, Rejects Any Sweetened Bid
Euronext’s public offer for the acquisition of the Athens Exchange (ATHEX) was described by the group’s Chairman and CEO, Stéphane Boujnah, as an “attractive liquidity event” during a press briefing with journalists on Monday.
Eurostat Data Expose Greece’s Persistent Economic Lag Within Europe
Greece’s economy continued to recover in 2023, recording an increase in per capita Gross Domestic Product (GDP) to 26,400 purchasing power standards (PPS), according to newly released data from Eurostat.
Greece’s Air Connectivity to Soar in 2026 with Major Airline Investments
Across Europe, Greece will become even more accessible next year thanks to several new and expanded routes.
Greece Sees Wave of High-End Hotel Developments as Tourism Investment Surges
Developments are currently underway in some of Greece’s most popular destinations, including Crete, which attracts millions of travelers each year, as well as in up-and-coming regions that remain less familiar to international visitors, such as Parga in western Greece.
Euronext Faces Questions Over Terms of Athens Exchange Takeover
Under the revised framework, the company can adjust both the 20-to-1 exchange ratio and the current 67 percent minimum acceptance threshold up to five days before the offer expires at 2 p.m. on November 17—without necessarily having to enhance the offer’s financial value.