News In English
Polls: Majority of Greeks Say Country Is on the Wrong Track
Economic pressures - particularly inflation and the rising cost of living - are cited as the top problems facing the country, according to the polls.
The Greek Arms Dealer Who Collaborated with Iran's Regime Under Israel’s Nose
As the world reels from the latest 12-day military escalation between Israel and Iran — a conflict that was temporarily halted with U.S. involvement — new revelations are emerging that shed light on a surprising and highly sensitive connection bridging two sworn enemies.
Five Years Abroad Now Enough to Avoid Greek Tax
Greece is introducing sweeping tax reforms aimed at attracting expatriates, foreign investors, and former residents back to the country. Among the key changes is a significant reduction in the required period of residence abroad for exemption from Greek taxation on movable assets held outside the country.
Greece Eases Family Office Rules, Prompting Fears of Regulatory Arbitrage
Greece is moving to attract global high-net-worth individuals by loosening restrictions and offering new incentives for family offices—companies that manage the wealth and affairs of affluent families.
Greece Tightens Rules on Business Subsidies Under Development Law
Greece is reinforcing its Development Law with a new set of stricter regulations aimed at cracking down on businesses that fail to comply with the terms attached to state subsidies.
Greek Bill Could Let Elites Avoid Public Offer Rules Through Offshore Trusts
A little-noticed provision tucked into a draft bill from Greece’s Ministry of National Economy and Finance is stirring controversy over concerns it could quietly benefit a privileged few while weakening financial transparency.
Greek Public Finances Strengthen as Tax Collections Outpace Forecasts
A key factor in the revenue windfall was the earlier-than-usual collection of personal income taxes.
Blantyre’s Healthcare Play in Greece Raises Eyebrows Over Transparency and Control
This deal is the result of an agreement reached in September 2024 between Himithea and Farallon Capital, the primary shareholder of Euromedica through EMD Holdings.
Greeks Reach Tax Freedom Day on June 25 - 175 Days of Work Go to the State
In 2024, it took 181 days to meet the same obligations - meaning Greeks are effectively working six fewer days for the state in 2025.
Mario Draghi Comes to Athens with a Vision for Europe - Common Debt, Investment, and Institutional Renewal
His appearance comes at a time when the bloc stands at a crossroads: either embrace bold reform or risk prolonged stagnation.
Bank of Greece Enforces EU-Aligned Crackdown on Crypto Transfers
At the heart of the new framework is a requirement for complete identification of both the sender and the recipient in every transaction—regardless of the amount involved.
Wildfire Devastates Greek Island of Chios for Third Day, Threatening Historic Villages
A massive wildfire has engulfed the Greek island of Chios for a third straight day, unleashing widespread destruction and threatening the island’s famed medieval mastic villages, known as the Mastihohoria.
Greece Faces €11.2 Billion Annual Defense Burden Under New NATO Pact
Greece is set to shoulder a significantly higher defense burden under a major new NATO agreement, which is expected to be unveiled at the alliance’s summit in The Hague this week.
Greece Shifts Traffic Fine Responsibility from Vehicle Owners to Drivers
Greek authorities have announced a major shift in how traffic violations are handled, relieving vehicle owners of automatic liability and placing responsibility squarely on the individual behind the wheel.
Crypto Recovery Lawsuit Targets Greek Citizen in New York Court
An international legal dispute playing out in a U.S. federal court is attracting the attention of Greek tax authorities, as a Greek citizen has been named in a high-stakes lawsuit involving millions in cryptocurrency.
Consulting Surpasses Auditing: Shift in the Greek Accounting Sector
A significant shift is underway in Greece’s accounting and auditing sector, as revealed by the latest annual report from the Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) for the 2023/2024 period.
Cyprus Targets Roman Abramovich in €25 Million Tax Evasion Probe Over Superyacht Scheme
The case revolves around Blue Ocean Yacht Management Ltd, a company tied to Abramovich and registered in Limassol.
Greece’s Emerging Residential Real Estate Opportunities
In the heart of Athens, neighborhoods that were previously overlooked are gaining traction.
Greece Sees Uptick in Urban Property Investment
Affordable property, flexible usage, and an attractive lifestyle are making Greece a magnet for foreign professionals seeking urban residences for seasonal living, remote work, or relocation.
Greece Urges Restraint as Middle East Tensions Mount Ahead of Key NATO Summit
Amid rising tensions following a U.S. strike on Iran, Greek Prime Minister Kyriakos Mitsotakis urged restraint and warned against further escalation, just days ahead of a pivotal NATO Summit in The Hague.
Greece Cracks Down on Unregulated Mooring with New Buoy Rules
The Greek government has introduced a legal framework for floating mooring buoys, aiming to reduce environmental damage, congestion, and unregulated activity in coastal waters outside traditional ports.
Greek Consumers Brace for Impact as Persian Gulf Sparks Oil Rally
As global oil prices climb on fears of a supply shock, Greek consumers and businesses are preparing for a fresh wave of cost increases that could destabilize the country’s fragile economic recovery.
Greece Nears Finalization of Cryptocurrency Tax Framework
Greece is in the final stages of shaping its cryptocurrency taxation framework, as the country moves toward formal regulation of the digital asset market.
Greece Balances Budget Goals with New Relief Measures for Households
The Greek government is preparing a new round of tax relief measures aimed at easing the financial pressure on salaried workers and pensioners, as it navigates an uncertain economic landscape marked by geopolitical tensions and inflationary concerns.
Greek Government Ministers Backs Media Team Accused of Political Smear Campaigns
The government’s close association with the Truth Team has drawn criticism.
Greece’s Top Court: Fake Invoice Penalties Don’t Require Full Compliance for Reduction
The case involved a company from Volos that was fined for accepting fake invoices from a related company in Bulgaria.
Metlen CEO Evangelos Mytilineos Urges EU to Halt Aluminium Scrap Exports as Industry Faces Silent Crisis
Mytilineos rejected claims that restrictions on scrap exports would be protectionist.
Scandal Deepens in Greece as EU Prosecutors Target Former Ministers Over Agricultural Fund Fraud
A sweeping EU corruption probe has rocked Greek politics, as European prosecutors formally named two former ministers in a subsidy fraud investigation—escalating pressure on the ruling New Democracy party and exposing deep tensions between national and European legal systems.
Libya Accuses Greece of Violating Its Sovereignty Amid Rising Mediterranean Tensions
Tensions between Libya and Greece are flaring once again, as Tripoli accuses Athens of violating its sovereignty through unilateral energy exploration in disputed Mediterranean waters — just days before a high-level diplomatic visit.
Alter Ego Media Launches Dividend Reinvestment Program to Attract Long-Term Investors
Alter Ego Media is launching a voluntary dividend reinvestment program for 2024, offering shareholders the chance to convert their cash payouts into discounted stock — a move aimed at long-term investors seeking to deepen their stake in the company’s future.
Tax System Reform Critical Amid Inflation and Fiscal Strain, Warns Bank of Greece
The Bank of Greece is urging sweeping reforms to the country’s tax system, emphasizing the need for greater progressivity to safeguard fiscal stability, protect middle-income earners from inflation-driven tax burdens, and promote fairer income distribution.