News In English
Greece’s State Arms Maker Balances Growth Ambitions With Environmental Liabilities
Hellenic Defence Systems (EAS), Greece’s state-owned weapons manufacturer, is asking shareholders to approve two major initiatives this week: a 10-year strategy built around partnerships with private investors and a preliminary environmental-cleanup plan that could cost nearly €30 million.
Greece Draws Lessons From Iberian Blackout to Shore Up Critical Infrastructure
Here’s a tighter version at roughly 500 words, written for an international audience in a WSJ-style business-news voice:
Greece’s Foreign Investment Boom Has a Problem: Too Much of It Is Going Into Real Estate
Greece's return to favor among foreign investors has been hailed as evidence of its recovery from a devastating debt crisis. But a closer look at where much of that money is going presents a less reassuring picture.
Greece Weighs Corporate Tax Cuts as Fiscal Room Hinges on Middle East Risks
Greece’s government is considering a new package of tax relief for businesses and self-employed professionals, including a potential cut in the corporate income-tax rate, as it prepares its economic-policy agenda for the Thessaloniki International Fair.
Greece’s Banks Cleaned Up Their Books. The €75 Billion Bad-Debt Problem Never Left the Economy.
Greece’s cleanup of its banking system has been hailed as one of the country’s most important financial turnarounds since the sovereign-debt crisis.
Greece’s Airbnb Market Defies Europe’s Summer Slowdown as Prices Climb
Greece’s short-term rental market is heading into the peak summer season with fewer properties available, broadly stable occupancy and sharply higher prices, as the country continues to attract tourists even while heat waves push some European travelers toward cooler northern destinations.
EU Report Raises Fresh Concerns Over Rule of Law in Greece and Predator Spyware Scandal
The European Commission has raised fresh concerns over the handling of Greece’s long-running surveillance scandal, saying key investigations and court proceedings involving the Predator spyware remain unresolved as questions persist over the independence and transparency of the judicial response.
Hellas Direct Founders Look Beyond Insurance With Push Into Lending
The founders of Hellas Direct, one of Greece’s most prominent digital insurers, are preparing to make their next move in financial services, setting their sights on a lending market still dominated by the country’s traditional banks.
Binance’s Greek Filing Points to a Europe Plan That Has Already Changed
A newly published set of financial statements from Binance’s Greek subsidiary offers an unusual snapshot of a corporate strategy that appears to have been overtaken by events.
Prosecutions of Four Greek Government MPs Deepen Political Fight Over EU Farm Subsidies
The prosecution of four lawmakers from Greek Prime Minister Kyriakos Mitsotakis’s governing New Democracy party over the alleged misuse of European Union agricultural funds has intensified a political battle over a subsidy scandal that has put the government under mounting pressure.
Tsipras Pledges Fairer Taxes, Higher Health-Care Pay in Political Comeback
Former Greek Prime Minister Alexis Tsipras said his newly formed left-wing political movement was created not simply to add another party to Greece’s fragmented opposition but to challenge the country’s existing balance of political power.
Greece Wants to Be an AI Leader. Now Comes the Hard Part: Delivering Results
Greek Prime Minister Kyriakos Mitsotakis is set to take part Thursday evening in a discussion at the Pnyx, the historic hill overlooking Athens where citizens of ancient Athens once gathered for their democratic assembly.
Athens Residents Alarmed by Cracks in Buildings Near Metro Construction
Residents of Kypseli are raising concerns about cracks appearing in apartment buildings near construction sites for Athens Metro Line 4, saying the damage began after a tunnel-boring machine passed beneath the neighborhood.
Greece’s Economic Policy Council Meets Again—with a Strong Sense of Déjà Vu
There is a distinct sense of déjà vu surrounding Thursday’s meeting of Greece’s Government Council for Economic Policy, known by its Greek acronym KYSOIP.
Greek Court Ruling Restricts Airbnb-Style Rentals in Apartment Buildings
Greek court has ordered a company to stop operating an apartment as a short-term tourist rental, in a decision that could have implications for property owners and investors in a country where Airbnb-style accommodation has expanded rapidly in recent years.
Greek Finance Minister Urges Banks to Put Deposits to Work
Before an audience of Greece's top bankers gathered at the Hotel Grande Bretagne in Athens, Finance Minister and Eurogroup President Kyriakos Pierrakakis delivered on Tuesday an unusually direct message: Greek banks should lend more.
Rolex Watches and Veterinary Care Shouldn't Share the Same Tax Rate in Greece, Investor Says
A prominent Greek private equity investor is urging the government to cut the country's 24% value-added tax on veterinary services, arguing that the levy treats pet healthcare as a luxury, encourages tax evasion and discourages owners from seeking medical treatment for their animals.
Only 9.5% of Greek Homes Have Been Energy-Renovated in the Past Five Years, Eurostat Says
Greece remains one of the European Union's weakest performers in improving the energy efficiency of its housing stock, underscoring the scale of the country's renovation challenge as Europe pushes to cut emissions and reduce household energy costs.
Athens Is Becoming a High-Cost City Without High Incomes
How far is the Greek capital from New York, London or Paris? By the size of its paychecks, the gap is enormous. By the prices in supermarkets, cafés and real-estate listings, it is narrowing fast.
Greek Village Revival Plan Raises Questions Over Land Development
Τhe measures are included in a draft bill currently under public consultation that primarily concerns the expansion of the responsibilities of Greece's two largest water utilities.
Speakeasy Targets Europe With Launch of Greek Subsidiary
The newly formed Speakeasy Bookings Greece Single-Member Private Company (IKE) marks the New York company's first operational foothold in Europe.
Lawyer Says Intellexa Founder Admitted in Israeli Court Filing to Selling Predator to Greek Authorities
According to Kesses, Dilian made the admission in a defamation lawsuit he filed in Israel against a Greek citizen who says they were targeted with Predator spyware.
Athens Airport Expansion Plan Exposes Rift in Greek Cabinet
The expansion of Athens International Airport is designed to increase annual passenger capacity to 40 million through the construction of approximately 148,000 square meters of new facilities
Trump's Hormuz Transit Fee Proposal Mirrors Plan by Greek Shipowner Marinakis
The Strait of Hormuz carries a substantial share of global crude oil and liquefied natural gas exports, making it the world's most important maritime energy passage.
Europe Grows Through Immigration While Greece's Population Shrinks
The European Union's population continued to grow for a fifth consecutive year in 2026, but the expansion is being sustained almost entirely by immigration rather than natural population growth, underscoring a widening demographic divide across the bloc.
Inflation Is Erasing Greek Pension Increases, Leaving Government Scrambling for New Relief
Greek pensioners are set to lose more purchasing power in 2026 as stubborn inflation continues to outpace pension increases, exposing the limits of government efforts to cushion retirees from the rising cost of living.
When Greece Pays for Delays, Nobody Seems to Be Responsible
In Greece, large public infrastructure projects tend to follow a familiar script. They begin with ceremonial contract signings, optimistic completion dates and political promises that another landmark investment is finally underway. Months later come the inevitable delays, revised timetables and mounting costs.
Niarchos Family Member Launches Athens-Based Art Venture
Ines Sophia Niarchos, the youngest daughter of Greek shipping heir Spyros Niarchos and fashion icon Daphne Guinness, has launched a new art-focused business in Athens together with Rafael Louis Wallon Brownstone.
Greece Steps Up Lobbying Effort in Washington Over Potential Turkish F-35 Acquisition
Greece has intensified diplomatic efforts to persuade U.S. policymakers against any move to allow Turkey to acquire or rejoin the F-35 fighter jet program, warning that such a development could undermine security and strategic stability in the Eastern Mediterranean.
Greek Home Prices Continue to Rise, but Pace of Growth Slows as Rental Market Remains Tight
Greece's residential property market continued to expand in the second quarter of 2026, although the rapid surge in home prices that characterized recent years is beginning to lose momentum.
Greece Launches Digital Registry to Track Corruption Cases From Investigation to Final Judgment
The registry is designed to generate real-time data on the number and type of corruption cases, the length of proceedings, procedural milestones and the penalties imposed.