#ENGLISH EDITION
Greece Faces €29 Billion Infrastructure Challenge to Meet Future Demands
This investment is seen as essential for the country to meet the growing demands driven by demographic shifts, climate change, and accelerating digitalization.
Greek SMEs Struggle with Lowest Productivity in the EU
In 2024, Greece counted 79 SMEs per 1,000 residents, significantly above the EU average of 58. Despite their abundance, these businesses contribute far less economic value per employee than their European counterparts.
Piraeus Bank Faces Operating Headwinds but Eyes Long-Term Gains
The pressure is not confined to the bank’s core banking activities.
Mitsotakis Moves to Block Criminal Probe as Corruption Allegations Mount
A tense and pivotal day is unfolding today in Greek politics, as Parliament heads into a high-stakes vote on whether to establish a preliminary inquiry committee into the OPEKEPE scandal — a case centered on allegations of widespread misuse of EU agricultural subsidies.
Greek Government Pushes Controversial Labor Bill
The Greek Ministry of Labor is preparing to introduce a sweeping labor reform bill that could significantly alter the landscape of working conditions in the country.
Controversy Surrounds Appointment to Top Greek Tourism Post
The recent appointment of Angela Varela as President of the Greek National Tourism Organization (GNTO) by Tourism Minister Olga Kefalogianni is drawing scrutiny over concerns of favoritism and the undermining of merit-based selection processes in the Greek public sector.
Metlen to Debut on London Stock Exchange After Record-Breaking Public Offer
Metlen is officially heading to the London Stock Exchange next Monday, marking a major milestone after completing a highly successful public offer that secured a 90.16% acceptance rate—one of the highest ever recorded in European capital markets.
Public Power Corporation Expands Greece’s Role in Southeast Europe’s EV Transition
Public Power Corporation (DEI), Greece’s largest power utility, is quickly emerging as a central player in the electric mobility landscape of Southeast Europe.
Greece to Submit Official Application for EU’s SAFE Defense Funding Mechanism Today
The Greek government played an active role in shaping the SAFE regulation, securing key provisions.
Foreign Buyers Dominate Greece’s Luxury Holiday Home Market
Mykonos and Paros remain the most expensive destinations.
Greek Parliament Braces for Clash Over Agricultural Subsidy Scandal
Political tensions are running high as Parliament opens debate today on two competing motions stemming from the unfolding OPEKEPE scandal—a case involving alleged irregularities in the management of EU agricultural subsidies.
Greece on Fire: Blazes Rage Across the Country Amid Explosive Conditions
Greece finds itself in the grip of a wildfire emergency, with fires raging across the country from Attica and Evia to Messinia, Kythera, and Thessaloniki.
Athens Pushes €2 Billion Relief Package to Calm Voters Amid Growing Discontent
Under growing political pressure and facing a dip in popularity, the Greek government is preparing a package worth up to €2 billion, expected to be announced at the Thessaloniki International Fair in early September.
A Quarter of Greeks Staying Home This Summer as Costs and Uncertainty Soar
This summer, one in four Greeks will not be going on holiday at all, according to a recent nationwide survey by research firm Focus Bari.
Athens Stock Exchange at Crossroads as Euronext Proposal Advances
The Hellenic Exchanges – Athens Stock Exchange (HELEX) Group has entered advanced negotiations with Euronext, the pan-European stock exchange operator, as it evaluates an unsolicited takeover proposal involving a share swap.
More Tourists in Greece Opt to Eat and Drink Inside Their Accommodations
A noticeable shift is taking place in the spending habits of tourists visiting Greece, with an increasing number choosing to eat and drink within their accommodations rather than dining out.
Sexual Assault at Sea Sparks Major Legal Shift for Cruise Ship Workers
A sexual assault case involving a former crew member of a Celebrity Cruises ship is challenging the way the cruise industry handles allegations of abuse at sea—and could have far-reaching implications for international maritime workers.
Greek PM Mitsotakis Sidesteps Responsibility in Major Agricultural Subsidy Scandal
In a televised interview, Greek Prime Minister Kyriakos Mitsotakis acknowledged government shortcomings in the OPEKEPE subsidy scandal but rejected any personal or ministerial responsibility, framing the issue as a decades-long, systemic failure rooted in Greece’s political past.
Greek Judges Challenge Government on Judicial Appointments, Rebuke EU’s Rule of Law Assessment
A deepening rift between Greece’s judiciary and the government has erupted over allegations of political interference in top court appointments, with judges accusing authorities of bypassing a landmark judicial reform—despite EU praise for progress on the rule of law.
Tourists and Locals Alike to Benefit from Greece’s New ATM Fee Rules
In a sweeping reform set to take effect in less than three weeks, Greece will abolish ATM withdrawal fees across the country, ensuring free or capped charges for both locals and tourists, with special provisions for rural areas and digital banking users.
Greek Government Prepares Regulatory Path for Euronext’s Bid for Athens Stock Exchange
A new legislative amendment submitted to Parliament signals that talks between Euronext and the Hellenic Exchanges Group are advancing, as Athens prepares the regulatory framework for a potential acquisition of the country's stock exchange infrastructure.
Greece to Raise Soldier Salaries and Launch Certification Programs
The reform, which includes new training opportunities and structural overhauls, aims to reshape military service into a stepping stone for young recruits, while addressing longstanding challenges such as staffing shortages and outdated infrastructure.
Greek Parliament Refers Ex-Transport Minister to Court Over Deadly Train Crash
Greece's Parliament has voted on Tuesday to refer former Transport Minister Kostas Karamanlis to a judicial council for investigation over the tragic train crash in Tempi, which claimed dozens of lives in February 2023.
Former Moldovan Powerbroker Vladimir Plahotniuc to Face Greek Prosecutor After Arrest at Athens Airport
Greek authorities arrested one of Moldova’s most wanted fugitives, Vladimir Plahotniuc at Athens International Airport, just before he attempted to board a flight to Dubai.
How the EU’s New CORE Tax Threatens to Burden 400 Major Greek Companies – And What It Means for Consumers
A new tax proposal from the European Commission is raising alarm in Greece, where hundreds of major companies could face disproportionate burdens under the plan.
Greece Lags Behind EU in Modernizing Public Finance Accounting, IMF Warns
Greece remains significantly behind the rest of the European Union in the way it records and monitors public finances, according to a recent report by the International Monetary Fund.
Predatorgate Returns to Court: Landmark Greek Surveillance Trial Set for September
Originally slated for March 5, 2025, the case was postponed indefinitely after the defense requested additional time to translate key legal documents from English into Greek.
Greek Basketball Giant Olympiacos Secures SEF Arena for 49 Years
Olympiacos BC has secured exclusive long-term rights to the iconic Peace and Friendship Stadium (SEF) in Piraeus, under a 49-year agreement with the Greek government.
Greece Launches Two Major Marine Parks to Protect Mediterranean Biodiversity
Greece has announced the creation of two vast National Marine Parks—one in the Ionian Sea and another in the Southern Cyclades—in what Prime Minister Kyriakos Mitsotakis described as a landmark initiative to protect the country’s marine biodiversity and fulfill international environmental commitments.
Pessimism Deepens Among Greek Households as Economic Outlook Worsens
Consumer confidence in Greece has taken a further hit, with pessimism among Greek households deepening to levels unmatched anywhere else in the European Union.
Greece Moves to Cap ATM Fees Amid Public Backlash
The Greek government has moved swiftly to defuse public anger over newly imposed ATM fees by Cashflex, a network of 850 machines that remained under the ownership of Piraeus Bank until May.