News In English
Young Greek Firms Show Promise, But Barriers Hold Them Back
The International Monetary Fund (IMF) has flagged significant challenges to boosting productivity in Greece, despite more than a decade of structural reforms following the country’s 2010 debt crisis.
Greece Takes Legal Action in UK Court Over GDP-Linked Bonds
This legal move comes after several bondholders—specifically three investment funds and a bank—challenged the notification Greece issued on April 4 to exercise its call option.
SYRIZA Leader Demands Answers on Alleged Illicit Funding Ties to Ruling Party’s PR Arm
Famellos’ accusations highlight potential violations of political financing laws, urging a formal investigation into the connections between ND officials, a private firm, and state contracts, amid claims of political propaganda targeting opponents.
Controversial Promotion of Ex-Intelligence Prosecutor Raises Alarms Over Rule of Law in Greece
Vasiliki Vlachou, the former judicial supervisor of Greece’s intelligence agency during a period of mass surveillance, has been promoted to Deputy Prosecutor of the Supreme Court—despite her central role in a still-unfolding wiretapping scandal that targeted politicians, ministers, military officials, and journalists, raising urgent questions about democratic accountability and judicial independence.
Greece’s Tax Authority Sets Ambitious 2025 Goals with Focus on Revenue Collection and Digital Oversight
Greece’s Independent Authority for Public Revenue (AADE) has rolled out an ambitious 2025 plan focused on ramping up tax collections, accelerating refunds, and expanding audits—with digital enforcement and international cooperation at the core of a sweeping effort to modernize the country’s tax administration.
Young Greeks Voice Concerns Over Jobs, Cost of Living in New Survey
A new survey by Metron Analysis for Eurobank paints a nuanced portrait of Greece’s 19- to 35-year-olds, revealing a generation torn between resilience and frustration as they navigate financial insecurity, delayed independence, and the persistent allure of emigration in search of a better future.
Metlen Rises as Europe’s Answer to Critical Raw Material Dependence
A sharp rise in global export restrictions on critical industrial raw materials is reshaping the geopolitical trade landscape, according to a new OECD report, intensifying pressure on Europe to secure strategic supplies and highlighting the growing role of companies like Greece’s Metlen in the continent’s industrial autonomy drive.
PASOK to Pursue Felony Charges Against Ex-Minister in Tempi Tragedy
The political temperature is rising in Greece as the country moves closer to a possible parliamentary investigation into former Transport Minister Kostas Karamanlis, over the tragic train collision in Tempi that killed 57 people.
Greece Mandates University Security Plans and Toughens Student Conduct Rules
The Greek government has announced a sweeping new set of policies aimed at improving safety and accountability within the country’s public universities.
Greece’s Ambitious Push for Domestic Role in €28 Billion Defense Plan Faces Structural Hurdles
Greece is attempting to transform its defense industrial base within just twelve years.
Chevron Reaffirms Strategic Interest in Greek Hydrocarbons
Chevron has reaffirmed its growing strategic interest in Greece’s hydrocarbon potential, as Greek Minister of Environment and Energy Stavros Papastavrou met with senior executives from the U.S. energy giant at the company’s headquarters in Houston last Thursday.
Ultra-Luxury Yacht Cruises Emerge as Greece’s New Tourism Trend
A new and exclusive form of maritime tourism is rapidly gaining traction worldwide—and now, it’s setting sail in Greece
Greece Faces Nearly Two-Year Wait for New Medicines Amid Systemic Delays
Access is especially inconsistent when it comes to advanced therapy medicinal products (ATMPs), which often require specialized handling and delivery systems.
Four Greek Banks, Four Distinct Strategies: How Revenue Models Are Shifting in 2025
The variations in net interest income and fee-based revenues offer insight into how each institution is navigating both domestic and international pressures.
Greece and Egypt Defuse Tensions Over Historic Sinai Monastery
Despite the seriousness of the threat, the issue received little public attention and was initially mishandled diplomatically.
Greece Races to Revise EU Recovery Plan Amid Risk of Losing Billions
The challenge stems from a set of 258 milestones—ranging from digital upgrades to infrastructure reforms—that Greece must fulfill to unlock future tranches.
Greece’s Housing Program Triggers New Property Price Surge
Greece’s recently relaunched housing initiative, “My Home 2,” has sparked a fresh wave of property price increases across the country, just weeks into 2025.
Wildfires in Greece Spread Beyond Traditional Season
Greece is witnessing a troubling transformation in its wildfire patterns.
Athenian Hotels See Strong Start to 2025 with Rising Occupancy and Revenue
Athens kicked off 2025 with a strong performance in its hotel sector, as new data from the Athens-Attica & Argosaronic Hotel Association shows promising growth across all key metrics in the first quarter of the year.
Final Testing Nears Completion for Crete-Attica Power Interconnection Project
Greece is moving into the final phase of one of its most ambitious energy infrastructure projects: the Crete-Attica electricity interconnection.
Greece's Water Infrastructure Nears Breaking Point
To help fund the required infrastructure, water pricing is expected to increase in certain areas.
Greece and Egypt Forge Strategic Alliance Amid Regional Tensions
Greece and Egypt have formally elevated their bilateral relationship to a strategic partnership, as Prime Minister Kyriakos Mitsotakis and President Abdel Fattah el-Sisi convened on Wednesday in Athens for the first Greece-Egypt High-Level Cooperation Council.
Eurobank Named Top Employer for Greeks Abroad in National Effort to Reverse Brain Drain
Eurobank has been recognized as the “Top Employer for Greeks from Abroad” by the nonprofit initiative Hellenism in Action – BrainReGain, for its leadership in helping reverse the country’s long-standing brain drain and reintegrate highly skilled Greek professionals into the domestic job market.
Tikun Olam Greece’s Unknown Investors Revealed Amid Bond Conversion
In recent years, Greece has emerged as a budding hub for medical cannabis in Europe, aided by a flexible and progressively evolving regulatory framework.
Accountants in Greece Penalized for Failing to Report Suspicious Transactions
In Greece, a growing number of accountants and tax professionals are facing severe legal consequences as authorities intensify efforts to combat tax evasion and money laundering.
Greece Mobilizes Tax Inspectors for Summer Season in Tourist Hotspots
As Greece prepares for another busy summer, its Independent Authority for Public Revenue (AADE) has announced a nationwide mobilization of tax inspectors to bolster compliance in key tourist regions.
From Ancient Roots to Startup Routes: Athens Debuts Panathēnea 2025
A new international festival rooted in ancient tradition but focused firmly on the future opens today in Greece’s capital. Panathēnea 2025 marks the debut of a unique initiative designed to connect the global startup and venture capital community through dialogue, competition, and celebration.
Thriasio Freight Center Project Hits a Wall: Funding Shortages and Bureaucracy Stall Greece’s Key Logistics Hub
The ambitious project to build, operate, and manage Greece's first major freight and intermodal logistics center at Thriasio Pedio has ground to a halt.
Greece’s Housing Crisis: Government Promises Meet Mounting Pressure
In an article published on Tuesday, Greek Prime Minister Kyriakos Mitsotakis outlined his government’s strategy for addressing the country’s growing housing crisis, framing the issue as both a social emergency and a political priority.
Greek Defense Minister Vows to End Legacy of Scandal in Military Spending
At the opening of the DEFEA 2025 international defense exhibition in Athens on Tuesday, Greek Defense Minister Nikos Dendias delivered a pointed message that reached beyond the confines of ceremonial protocol.
Piraeus Bank Sets Sights on €1.9 Billion in Net Interest Income for 2025
Piraeus Bank has outlined its financial roadmap for 2025, aiming to generate €1.9 billion in net interest income (NII), despite facing headwinds from declining interest rates in the Eurozone.