#ENGLISH EDITION

Package of measures to ease industry’s energy costs takes shape

Package of measures to ease industry’s energy costs takes shape

A package of measures aimed at easing the energy cost burden on industry is gradually taking shape, with the market now awaiting final announcements.
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eurokinissi

Athens and Crete Capture the Bulk of Greece’s Tourism Growth

The dominance of Attica, which includes Athens, is particularly striking.
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Senior Greek Military Officer Detained for Allegedly Passing NATO Intelligence to China

Senior Greek Military Officer Detained for Allegedly Passing NATO Intelligence to China

Sources familiar with the case identify the suspect as a 50-year-old wing commander stationed in the coastal area of Kavouri, near Athens.
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Court Ruling on Loan Interest Puts Pressure on Greek Banks and Securitisations

Court Ruling on Loan Interest Puts Pressure on Greek Banks and Securitisations

There are growing concerns that borrowers may seek retroactive refunds for interest already paid under the previous calculation framework, potentially opening the door to new legal claims.
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Critical Raw Materials: EU Audit Underscores Need for Faster Domestic Production

Critical Raw Materials: EU Audit Underscores Need for Faster Domestic Production

The EU remains heavily dependent on imports, particularly for materials essential to technologies such as batteries, wind turbines and solar panels.
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Greece Tightens Controls on Costly Real Estate Tax Exemptions

Greece Tightens Controls on Costly Real Estate Tax Exemptions

According to official data, total tax expenditures amount to €22.88 billion, of which nearly 40% relate to exemptions in capital taxation.
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eurokinissi

UN Warns Tragedy off Chios Is Not Isolated as Death Toll in Aegean Mounts

Public anger over the incident spilled into the streets on Wednesday evening, when a protest took place at the port of Chios.
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Greek Farmers Plan Tractor Protest in Athens Over Unresolved Demands

Greek Farmers Plan Tractor Protest in Athens Over Unresolved Demands

The decision was taken by members of a nationwide farmers’ coordination committee, who stressed that while the government listened to their concerns, it did not provide concrete solutions.
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AP

Libra Group’s George Logothetis Closes Sale of Former Rockefeller Townhouse in Manhattan

The residence is a historic townhouse that was once owned by a member of the Rockefeller family, a pedigree that significantly enhanced its appeal and value.
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AP/Thibault Camus

Post-Deal Performance Raises Questions Over Euronext–ATHEX Share-Swap

Under the terms of the agreement, ATHEX shareholders received 0.05 Euronext shares for each ATHEX share, implying a valuation of €6.75 per ATHEX share.
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eurokinissi

Greece Opens Parliamentary Debate on Landmark Collective Bargaining Reform

The bill is notable not only for its content but also for the way it was prepared.
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eurokinissi

Greece Launches National Dialogue on Secondary Education Reform, Keeps University Entrance Exams for Now

According to the Ministry of Education, the reform will be developed through an open, transparent, and participatory process, with no predetermined outcomes.
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Greece Overhauls Inheritance Law, Shielding Heirs from Deceased’s Debts

Greece Overhauls Inheritance Law, Shielding Heirs from Deceased’s Debts

An end to inherited debt for heirs is set to take effect in Greece from September, under a major reform of inheritance law being promoted by the Ministry of Justice.
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eurokinissi

Evictions in Greece: Why Tenants Are Unlikely to Face Enforcement Before Summer

The reform, which came into force on January 1, introduces a faster mechanism for issuing an order for the return of a leased property when a rental contract has expired.
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Low Pay and Rising Rents Leave Greek Educators Struggling

Low Pay and Rising Rents Leave Greek Educators Struggling

In Greece, a recent political controversy has drawn attention to a long-standing but often overlooked reality: teachers are among the lowest-paid professionals in the developed world, and many struggle to meet basic living costs.
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Scandals Loom Over Greece’s Constitutional Reform Debate

Scandals Loom Over Greece’s Constitutional Reform Debate

Prime Minister Kyriakos Mitsotakis has come under sharp criticism from former deputy prime minister and constitutional law expert Evangelos Venizelos following the government’s decision to launch a debate on revising Greece’s Constitution.
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Hellenic Defence Systems Forms New Ammunition Company with MSM EXPORT

Hellenic Defence Systems Forms New Ammunition Company with MSM EXPORT

Hellenic Defence Systems (EAS) and Slovakia’s MSM EXPORT s.r.o. have established a new joint venture, Hellenic Ammunition S.A., headquartered in the port city of Lavrio, southeast of Athens.
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Bank of Greece Overhauls Safeguarding and Governance Rules for Fintechs

Bank of Greece Overhauls Safeguarding and Governance Rules for Fintechs

The regulatory obligations of payment institutions and electronic money institutions operating in Greece have become significantly more extensive following a new decision by the Executive Committee of the Bank of Greece, the country’s central bank.
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Greece Eyes Electoral Overhaul to Include Diaspora MPs

Greece Eyes Electoral Overhaul to Include Diaspora MPs

The reform is part of a broader legislative package that will also introduce postal voting in national elections, following its use in the most recent European elections.
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Greece Narrows the Gap as Wholesale Power Prices Fall Below Northern Europe

Greece Narrows the Gap as Wholesale Power Prices Fall Below Northern Europe

Over the past two years, the country has moved from a heavily negative position to a surplus, with the overall swing estimated at nearly €800 million.
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Greek Defence Minister Questions Government Control Over Top Judicial Appointments

Greek Defence Minister Questions Government Control Over Top Judicial Appointments

"Can we really continue to defend the idea that the leadership of the judiciary should be chosen by whichever government happens to be in power?"
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Athens Short-Term Rental Market Holds Its Edge Amid Regulatory Constraints

Athens Short-Term Rental Market Holds Its Edge Amid Regulatory Constraints

The income gap of at least €200 per month continues to serve as a strong incentive for owners to keep their properties in the short-term rental market.
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Urban Hotspots and New Threats: Mapping Crime in Greece

Urban Hotspots and New Threats: Mapping Crime in Greece

Greece’s crime landscape is undergoing a quiet but significant shift.
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The Vertical Gas Corridor: Europe’s LNG Gateway Struggles for Long-Term Approval

The Vertical Gas Corridor: Europe’s LNG Gateway Struggles for Long-Term Approval

The future of Europe’s Vertical Gas Corridor is at a critical juncture.
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Greece Plans €2 Billion Energy Efficiency Scheme for Vulnerable Households by 2026

Greece Plans €2 Billion Energy Efficiency Scheme for Vulnerable Households by 2026

The government’s objective is to establish a permanent energy efficiency mechanism with clearly defined goals and actions, which would be complemented by “Exoikonomo” programmes whenever funding becomes available.
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Mytilineos: Euro’s Rise Is Undermining European Industry

Mytilineos: Euro’s Rise Is Undermining European Industry

“As if Europe’s structural disadvantage in energy costs were not already undermining its global competitiveness, the strengthening of the euro is now further weakening European products in predominantly dollar-denominated global markets,” says Evangelos Mytilineos, chairman and chief executive of Metlen Energy & Metals, in a recent LinkedIn post.
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Wiretapping Trial in Greece: Prosecutor to Present Recommendation on February 6

Wiretapping Trial in Greece: Prosecutor to Present Recommendation on February 6

Tensions ran high during the 33rd hearing of Greece’s high-profile wiretapping trial on Thursday, as defense lawyers challenged the inclusion of documents detailing surveillance products marketed by the company Intellexa.
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Greek Opinion Poll Signals Volatile Landscape, Rising Discontent and New Challengers

Greek Opinion Poll Signals Volatile Landscape, Rising Discontent and New Challengers

New Democracy maintains a clear lead in Greece’s political landscape, according to a new nationwide opinion poll conducted by MRB and presented on Thursday.
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Executives Freed Pending Investigation After Deadly Explosion at Greek Food Plant

Executives Freed Pending Investigation After Deadly Explosion at Greek Food Plant

The owner of the Greek food manufacturing company Violanta and two senior executives arrested over a deadly factory explosion that killed five female workers were released on Wednesday without restrictions, as prosecutors said the investigation is still ongoing.
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More Building Permits, Less Living Space in Greece’s New Housing Market

More Building Permits, Less Living Space in Greece’s New Housing Market

Despite the fact that the number of building permits has not fallen sharply, a pronounced decline in floor space and building volume shows that new housing projects in Greece are becoming noticeably smaller.
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Labour Market Participation: Why Greece Still Lags Behind the EU

Labour Market Participation: Why Greece Still Lags Behind the EU

Despite steady improvement over the past two decades, Greece continues to rank among the weakest performers in the European Union in terms of labour market participation, exposing long-standing structural problems that persist beneath the surface of recent economic recovery.
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