News In English
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.
Greece’s Selective Tolerance for Corruption Is a Warning for Democracy
While Greeks condemn corruption, many are prepared to tolerate it if it delivers competence or personal advantage.
EU Prosecutors Probe Recycling Centers Case and the Role of TEHAN
Plans called for 130 units in the Athens region, 58 in the Peloponnese, and 60 in Crete, filling gaps not covered by Greece’s existing blue-bin system or other recycling schemes. But doubts quickly emerged about whether the centers were achieving their stated purpose.
Greek Debt Seen as Secure Despite Political Uncertainty
Today, the bulk of Greek debt is held by the official sector, at very low interest rates and with unusually long maturities.
The Prime Minister Must Stop the Debate on a New Electoral Law-Now
Any move to change the rules of the political game at this stage amounts to an admission of defeat.
From Brain Drain to Birth Drought: Greece’s Population Plummets
Between 2008 and 2025, Greece will have lost over 720,000 residents -about 8.5% of its total population- with the steepest declines in the 30-to-44 age group and among 25-to-29-year-olds, the latter shrinking by nearly 30%.
Greece Sees World’s Fastest Rise in Mobile Data Use in 2024
Data-only subscriptions — including fixed wireless access — played a significant role in this growth. Though they make up just 10% of Greece’s mobile customer base, they generate nearly three times more traffic than the average subscription, making them a major driver of total usage.
CrediaBank’s Ambitious Play: Exclusive Talks to Buy Majority of HSBC Malta
HSBC Malta is a larger and financially stronger institution, with significantly higher capital adequacy, consistent profitability, and operations governed by a different regulatory framework.
Global Cryptocurrency Monitoring Plan to Combat Money Laundering
The need for new approaches has grown with the rising use of cryptocurrencies in criminal activity.
Tourism on Autopilot: Greece Pays the Price for the Absence of a National Spatial Plan
In some areas, the capacity to accommodate tourists has been exceeded for years, yet new developments continue to appear.
Greece Tightens Drinking Water Rules with Mandatory Risk Checks on Domestic Networks
Monitoring procedures are also being overhauled, with more regular sampling and testing for substances identified on the European Union’s watch lists.
Greece Tightens Rules for Egg Donors, Aligns with Global Bioethics Standards
Officials stressed that the new rules will not place any financial burden on the state budget.
Athens Stock Exchange Hits Highest Levels Since 2010 with 44.7% Surge in 2025
The surge has been fueled by persistent investor demand, underpinned by expectations of positive corporate developments and resilient economic indicators.
Political Storms Await Greek Parliament’s Post-Summer Reopening
Political tensions are expected to intensify further with the establishment of another inquiry committee, this one requested by the governing New Democracy party, into the management of agricultural subsidies.
From Achaia to the Islands, Greece Faces Relentless Summer Infernos
Across the country, there is a growing awareness that these fires are no longer exceptional events but a recurring feature of life in the Mediterranean.
Why Greece’s Electricity Prices Are Surging Despite a Flood of Renewable Power
Grid congestion has forced operators to curtail renewable output at levels once seen only in the low-demand months of spring and autumn.
IMF Report on Bank Bailouts Highlights Greece’s Missteps
While the primary aim of state intervention is to restore depositor confidence and prevent widespread bank failures, the IMF warns that such rescues often come at a high cost to taxpayers and can foster risky behavior in the future.
Greece Faces Compressed Tourism Season and Falling Revenues
More Greeks are avoiding restaurants and tavernas, opting instead to buy groceries and cook for themselves.
Tax Inspectors Net "Big Catches" on Santorini’s Day Cruise Boats
Οf 23 boats inspected, 10 were found in violation—a non-compliance rate of 43 percent.
Mitsotakis Distances Himself from Netanyahu Amid Rising Outcry over Gaza
Greek Prime Minister Kyriakos Mitsotakis now appears to be edging away from his close ally, Israeli Prime Minister Benjamin Netanyahu, as political and social pressure intensifies at home.
Higher Costs and Tighter Limits for Non-EU Hunters in Greece
Association members will continue to benefit from reduced fees.
A Third of Greek Ferries Have Sailed for More Than Four Decades
Out of 153 vessels serving 120 inhabited islands, 45 are over 40 years old.
Greece Overhauls Clawback System, Easing Burden on Low-Cost Medicines
For the first time, the government is introducing maximum clawback rates tied to a drug’s market price.
Greek Government Policies Drive Fresh Surge in Rental Prices
Between April and July 2025, rents rose steadily, with July alone recording an annual increase of 11.3%.
Soaring Retail Rents Redraw Greece’s Shopping Map
In Athens, Ermou Street—Greece’s most expensive retail strip—commands rents of up to €300 per square meter.
Scandals and Stalled Reforms Undermine Greece’s Ruling Party
The long-promised civil service evaluation system has yet to be implemented.
Property Owners Revolt as Greece Weighs ‘Inactivity Tax’ on Empty Housing
The plan takes its cue from France’s taxe sur les logements vacants (TLV), in force in thousands of French municipalities.
Out-of-Control Blaze Near Athens, Forces Mass Evacuations
The fire’s sole confirmed victim so far was discovered in the village of Togani, just 500 meters from where the blaze began.