News In English
Bank of Greece Updates Collateral Process
The Bank of Greece has issued two key decisions that change how Greek banks provide collateral to access liquidity from the central bank, bringing national procedures in line with eurozone standards.
Middle East Crisis Creates Economic Uncertainty for Greece
As tensions escalate in the Middle East and fears of a broader military confrontation grow, the geopolitical volatility is beginning to strain the economic systems of smaller and more vulnerable nation.
Intellexa on Trial in Greece, but Its Spyware Is Still Spreading
While Predator activity has declined since the imposition of sanctions and increased media exposure, the firm appears to be actively evolving its tactics to evade detection and disruption.
European Metal Industry Sounds the Alarm: CEOs Call on EU to Avert Deindustrialisation
The CEOs warn that Europe’s industrial competitiveness is being sacrificed in the name of decarbonisation efforts that lack the necessary supporting measures.
Greek Banks Highlight Growth Plans at Goldman Sachs Conference
Goldman Sachs reaffirmed its bullish outlook on three of the four Greek banks, maintaining “Buy” ratings on Piraeus Bank, NBG, and Alpha Bank, while assigning a “Neutral” rating to Eurobank.
Mareva Grabowski - Mitsotakis Calls for Reunification of Parthenon Sculptures
Drawing on her long-standing involvement in cultural heritage advocacy, Grabowski-Mitsotakis emphasized the significance of the moment.
Cyprus Supreme Court Confirms Fine in Case Tied to Greek Bond Crisis
Cyprus’s Supreme Constitutional Court has upheld a €50,000 fine against the provident fund of the former Cyprus Popular Bank, bringing long-awaited closure to a case rooted in the fallout of the Eurozone debt crisis.
How Greece’s Property Transfer Costs Compare Across Europe
For prospective property buyers looking at Europe, Greece sits comfortably around the continent’s average in terms of property transfer costs.
Subsidies Shake Up Greece’s Leisure Boat Market
Greece’s leisure boat market is experiencing significant distortions.
Three in Four Greek Businesses Owe Tax in Latest Filings
In Greece, nearly three out of four corporate tax returns filed so far this year have resulted in businesses owing money to the state—underscoring longstanding issues within the country’s corporate tax base.
Data Integrity in Question as Greece Syncs Business and Tax Registries
Greece is taking another step toward streamlining its public administration by deepening the integration between its General Commercial Registry (GEMI) and the country’s tax registry, following a new decision by the Independent Authority for Public Revenue (AADE).
EU Audit Slams Greece's Forest Fire Prevention Spending as Ineffective and Outdated
A new report from the European Court of Auditors has raised serious concerns about how Greece and other EU countries are spending European funds meant to prevent forest fires.
Greece Lags Far Behind EU in Collective Bargaining Coverage
Τhe European Central Bank (ECB) has published its latest Wage Tracker for the Eurozone, providing insight into wage developments based on collective labor agreements (CLAs) valid through mid-May 2025. The headline finding is a notable cooling in the pace of wage increases across the region.
From Chat Boxes to Cannabis Scripts: Greece’s Troubling Shortcut in Medical Prescriptions
A recent investigation by the Greek news outlet Inside Story has raised serious concerns about the lax regulations surrounding medical cannabis prescriptions in Greece.
Greece Faces Hard Truths on Its External Imbalances - Recovery Plan No Silver Bullet, Says IMF
Despite substantial EU-backed investment under Greece’s National Recovery and Resilience Plan, deep external imbalances continue to challenge the country’s economic stability, warns a new IMF report.
Greek Households Spend Nearly €800 Million Annually on Foreign Language Education
Greek families are pouring an estimated €777 million a year into foreign language education - yet the country’s public schools offer the fewest language instruction hours in the EU, forcing households to shoulder the burden of a system that appears both present on paper and absent in practice.
Cyprus Publishes Detailed AML Report for 2024 - Greece Hasn’t Released One in Six Years
Greece’s Anti-Money Laundering Authority has failed to publish a single annual report for the past six years - despite a legal obligation to do so - raising serious concerns about transparency and the country’s commitment to combating financial crime, especially as neighboring Cyprus sets a markedly different example.
Alexis Tsipras: Greece Needs a Democratic Renewal to Resist Far-Right and Elite Power
In a stark warning from the heart of Athens, former Prime Minister Alexis Tsipras declared that Greek democracy is at a breaking point - besieged by far-right populism and an entrenched oligarchic elite - urging progressives to unite under a “new patriotism” grounded not in nationalism, but in justice and resistance to kleptocracy.
Electoral Court Removes Far-Right Lawmakers, Leaves Greek Parliament Short of Full Quorum
For the first time since the restoration of democracy in Greece, the national Parliament will function with only 297 members instead of 300, following a landmark court ruling that exposed a legal void - and barred three far-right MPs from office without replacing them.
Alter Ego Media Joins FTSE Russell Indices
The company’s inclusion in these indices marks a strong signal of growing investor interest, coming just months after its listing on the Athens Stock Exchange.
Sanders Slams Netanyahu and Trump, Calls for Global Left-Wing Alliance at Athens Summit
Sanders strongly condemned the actions of the Israeli government in Gaza, calling Prime Minister Benjamin Netanyahu a war criminal and denouncing the humanitarian catastrophe unfolding in the region.
Democracy and Social Justice in Focus at Alexis Tsipras Institute’s 2nd International Conference
Leading voices from politics, academia, and activism across the United States and Europe have convened in Athens today for the 2nd International Conference on Democracy and Social Justice, hosted by the Alexis Tsipras Institute.
Tempi Disaster: Greek Parliament to Debate Competing Proposals for Criminal Investigation
Greece is entering a critical political juncture as its Parliament prepares to debate competing proposals for a formal investigation into the Tempi train disaster, a national tragedy that shocked the country and claimed dozens of lives.
Hellas Direct Parent Issues €20M Tier 2 Bond to Fuel Expansion
HD Insurance PLC, the parent company of Greek insurer Hellas Direct, has successfully completed the issuance of a €20 million Tier 2 subordinated bond.
Greek Authorities Crack Down on Suspected Money Laundering Among Tax Debtors
Greek tax authorities have launched an extensive campaign targeting individuals and businesses suspected of using unpaid tax debts to conceal illegal financial activity.
Prime Athens Site Opens for 50-Year Lease and Redevelopment
In the heart of downtown Athens, a little-known plot of land is poised for transformation.
Greece’s Golden Visa Program Shows First Signs of Slowing Down
Between 2023 and 2024, foreign buyers acquired nearly 17,900 properties under the Golden Visa scheme—more than the total number purchased during the previous ten years of the program’s operation.
Greece’s GDP Is Recovering, But Investment Still Lags – and It’s Holding Back Real Growth
For the first time since the financial crisis erupted in 2009, the country’s gross domestic product is expected to exceed €240 billion in 2025, returning to its pre-crisis nominal size.
Greece Mandates Disaster Insurance for Large Businesses Amid Climate Risks
The law applies broadly to businesses across all sectors, provided they meet the revenue threshold.
One in Five Greeks Fails to Pay Taxes on Time, Despite Overall Compliance Holding Steady
Between January and April 2025, timely tax payments in Greece reached €10.99 billion.
OPEKEPE Scandal Investigation Reaches Pivotal Stage
A key figure in the investigation is Neuropublic, a private IT company that has served as OPEKEPE’s sole technical provider since 2010.