News In English
How Greece’s Postal Reform Plan Derailed in Months
Instead of expansion, ELTA is now associated with contraction, raising questions about whether those impressive targets were ever realistic.
Rising Food Prices Force Greeks to Abandon the Mediterranean Diet
For many Greek families, maintaining a balanced diet has become a daily struggle.
Greece’s Capital Market Commission Strengthens Compliance Credentials in EU Ranking
Of the Greek cases, 78 percent resulted in fines, reflecting a firm stance toward market violations.
European Court of Auditors Scrutinizes EU Fraud-Prevention Architecture
Fraud involving EU funds — along with related crimes such as bribery, embezzlement and money-laundering — represents a direct threat to the EU budget and undermines public confidence in European governance.
Greece’s Postal Service in Freefall: The “Ten Plagues” Dragging ELTA Toward Collapse
The closures come at a time when ELTA’s financial health continues to deteriorate despite repeated state support packages.
Intellexa Conducted Covert Training Sessions Inside Offices of Greek Police Contractor Krikel
The Athens trial targets four business figures accused of violating communications privacy laws.
Greece Plans Rewards for Timely Taxpayers as Overdue Debts Surge
Officials are considering a so-called “white Tiresias” system, modeled on the country’s banking credit registry.
Land Dispute Turns Deadly in Crete as Family Feud Leaves Two Dead
Greek authorities sent elite police units, including counter-terror and organized-crime teams, to the area. Senior law-enforcement officials traveled to Crete to oversee the operation, and special tactical squads have been stationed in the village to prevent further bloodshed.
After the Banks, Now the Post Offices: Greece’s Closures Hit Rural Communities and the Elderly
In remote mainland regions and on islands — from Grevena in the north to Lesvos in the Aegean — residents may now have to travel up to 50 kilometers to reach the nearest post office.
Bureaucratic Maze: Why Property Transfers in Greece Can Take Up to 250 Days
Despite efforts toward modernization, many public services still rely heavily on manual procedures, leading to queues, paperwork bottlenecks, and prolonged waiting periods.
A “Limbo Situation” Is Europe’s New Silent Crisis
Among the speakers, Leena Mörttinen, Finland’s Permanent Under-Secretary for International and Financial Markets, delivered one of the most striking interventions.
Greece Eyes Samurai Bonds Again, Looking to Turn ‘Amazu Soosu’ Into Sweet Success
Greece’s relationship with Asian capital markets is not new.
EBA Unveils EU-Wide AML Overhaul, Poised to Impact Greek Financial Sector
The European Banking Authority (EBA) has released its long-anticipated guidance to the European Commission on the design and powers of the new European Anti–Money Laundering Authority (AMLA).
Greece Shutters 18% of Post Offices, Sparking Public Backlash and Fears of Isolation
Greece’s state-run postal service, ELTA, has sparked nationwide outrage after announcing the sudden closure of 204 branches — nearly 18% of its network.
“Chaos” Edges Out Mitsotakis as Greek Voters Lose Faith in Political Stability
A new poll by the firm Interview for POLITIC shows that more Greeks would now choose “chaos” over Prime Minister Kyriakos Mitsotakis in the political dilemma “Mitsotakis or chaos.”
Greece Launches €500,000 Program to Reward Top University Entrants
A total of €500,000 has been allocated by the State Scholarships Foundation (IKY) to fund the new Awards of Excellence program.
Pending Tax Disputes Rise in Greece, with Only 11% of Appeals Accepted
The Dispute Resolution Directorate (DRD) of Greece’s Independent Authority for Public Revenue (AADE) reported an increase in pending cases during August, reflecting ongoing pressure on the country’s tax dispute system.
One in Five Greek Taxpayers Delays Payments as Tax Compliance Reaches 82%
Greece’s Independent Authority for Public Revenue (AADE) has released new data showing that, despite an overall improvement in tax compliance, a significant share of taxpayers continues to fall behind on their obligations.
Europe’s Double Game: Greece Arms Up as Allies Sell Weapons to Turkey
Greece marked its national holiday on October 28 with a grand military parade in Thessaloniki, showcasing the most advanced weapons systems ever fielded by the Hellenic Armed Forces.
Greek Government Faces Declining Support Despite Broad Tax and Wage Reform Drive
Public support for Greece’s government has fallen, despite the unveiling of a sweeping package of tax cuts and wage increases aimed at easing the cost of living and stimulating economic growth.
Greece’s Islands Capture 11% of Global Island Tourism as Arrivals Surge
Greece’s islands continue to stand as the country’s greatest tourism asset, maintaining their magnetic appeal over time and achieving remarkable growth.
Greece Moves to Align Taxation of Multinationals and Cryptocurrencies with New EU Rules
At today’s Cabinet meeting, Minister of National Economy and Finance Kyriakos Pierrakakis will present legislative proposals to incorporate EU Directives 2023/2226 and 2025/872 into Greek law.
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.”