#ENGLISH EDITION
Donations and Parental Gifts Double in Greece Amid Drop in Inheritances
Greek taxpayers are increasingly choosing to transfer property while still alive rather than passing it on through inheritance, according to new data from the country’s Independent Authority for Public Revenue (AADE).
IMF Redefines State Fragility - Greece Caught Between Stability and Vulnerability
According to the report, fragility is not merely the result of poverty, political instability, or conflict.
Alpha Bank Faces Renewed Tensions with Employees’ Union over Performance Reviews
Tensions have resurfaced between Alpha Bank’s management and its Employees’ Union following a dispute over performance evaluation letters sent to staff covering the years 2022, 2023, and 2024.
Euronext’s Prospectus for Athens Exchange Bid Seen as Pressure Tactic on Minority Shareholders
The Euronext Group is expected to publish today, Monday, the prospectus for its public offer to acquire the Athens Exchange (ATHEX).
EU Warns of Delays in Greek Recovery Fund Projects
Brussels has made clear that Greece must now act swiftly and decisively.
Laura Kövesi Signals New Era in Greece’s Battle Against Corruption
Although Laura Kövesi acknowledged that corruption is not unique to Greece, government-friendly outlets highlighted that remark to downplay her harsher comments.
Greece’s Public Arrears Climb to €111.8 Billion, Driven by Big Debtors and Unrecoverable Liabilities
In July, more than four million taxpayers owed money to the state, an increase of 172,000 from the previous year.
How Greece’s Plastics Pioneer Collapsed - and Why Its Name Might Return
This autumn, Giorgos Petzetakis signaled his intent to make a comeback. On September 30, he filed an application with Greece’s Ministry of Development to register the “PETZETAKIS” trademark.
39 MEPs Sound Alarm on EU Money Flowing to Surveillance Companies
The letter calls on the Commission to explain how it vets companies before awarding them financial support.
Mitsotakis Warns Europe Not to Forget Southern Borders in Security Debate
European leaders met in Copenhagen this week for an informal summit dominated by defense and Ukraine, as the war drags into its fourth year and pressure grows on Europe to step up.
Greece Introduces Annual Index to Curb Health Insurance Premium Hikes
The Greek government has introduced a new mechanism designed to bring greater transparency and predictability to the private health insurance market.
ILO Report Finds Greece Among Europe’s Most Unequal Economies
Greece, though classified as a high-income country, continues to grapple with profound economic and social inequalities, according to the International Labour Organization’s latest Social Justice Outlook.
Greece Highlights Europe’s Pension Pressures Amid Rapid Aging
Europe’s demographic time bomb is ticking faster than ever, with the number of working-age people shrinking in relation to the elderly population.
Greek Rent Subsidy Backfires, Driving Up Student Housing Costs
What was intended as relief for tenants has instead added fuel to Greece’s housing crisis.
Poll Shows Majority of Greeks Dissatisfied With Mitsotakis and His Government
A new opinion poll in Greece points to mounting discontent with both Prime Minister Kyriakos Mitsotakis and his government, suggesting that recent efforts to reset the political agenda have fallen flat.
Master Plan for Piraeus Port Faces Constitutional Test at Council of State
The constitutionality of the Piraeus Port master plan will come under scrutiny this Wednesday at Greece’s Council of State, the country’s highest administrative court.
Alpha Bank London Targets Diaspora and SMEs in Tech-Driven Overhaul
Alpha Bank London, the UK subsidiary of Greece’s Alpha Bank, is in the midst of a transformation aimed at repositioning itself as a “community-based, digital retail bank”.
Greek Voters See Corruption and Ineffectiveness at Heart of Government, Survey Finds
Public opinion in Greece is turning sharply against the government, according to a new Alco poll for Alpha TV released on Monday.
Qualco Group Weighs New Investments as Past Bets Show Mixed Outcomes
Qualco Group’s management has told analysts on Monday that both capital expenditures and cash reserves are expected to remain steady in the second half of 2025, at similar levels to those recorded in the first six months of the year.
Defence Readiness Roadmap 2030: Europe’s New Strategy and the Stakes for Greece
The European Union is preparing to enter a new era of defence preparedness.
Unpaid Loans and Endless Refinancing: The Hidden Finances of Greece’s Political Class
The latest round of asset declarations by Greek politicians, published on Monday, once again exposed a recurring pattern: many elected officials continue to carry large, long-standing debts, often with sizeable unpaid balances that in several cases have been refinanced multiple times.
The Goulandris Collection: Inheritance Disputes and the Secrets of a Legendary Art Treasure
The dispute focuses on the fate of one of the most valuable private collections in the world, with an estimated worth exceeding three billion euros.
Alexis Tsipras to Speak at the Sorbonne on Europe’s Future
Tsipras will speak at a moment when questions over Europe’s capacity to lead on issues ranging from economic stability to migration, security, and climate change remain as urgent as ever.
Labor’s Share of Greece’s GDP Shrinks to 35% in 2024, Down from 39% in 2019
Despite government promises of "growth for all", the reality is that labor is steadily losing ground to profits and operating surpluses.
Greece Faces Risk of Losing EU Farm Subsidy Payments Amid OPEKEPE Turmoil
Greece’s current proposal fails to address serious deficiencies and does not comply with EU law.
Europe’s Energy Integration Could Slash Greek Power Bills by Nearly a Quarter
Greece consistently ranks among those with the most expensive electricity in Europe.
Greece Slaps Heavy Fines on Illegal Use of Temporarily Imported Vehicles and Vessels
Penalties rise sharply when a vehicle is used by someone not entitled to drive it.
From Birth to 18: Greek Families Face €215,000 Bill to Raise a Child
Raising a child in Greece now costs an estimated €215,000 by the time they reach adulthood, according to new data that highlights the mounting financial pressures on families and sheds light on the country’s declining birth rate.
Pharmaceuticals Add €6.9 Billion to Greece’s GDP as Sector Expands Export Footprint
The Greek pharmaceutical industry is emerging as a key pillar of the country’s economy, contributing an estimated €6.9 billion to GDP in 2023, or around 3.1 percent of total output, according to new research by the Foundation for Economic and Industrial Research (IOBE).
Athens Hotels See a ‘Stagnant’ August Despite Marginal Gains
August brought only modest improvements for hotels in Athens and Attica, with the local hotel association warning that the sector risks slipping into “dangerous stagnation” unless deeper reforms are made to ensure fair competition.
Paulson-Linked Greek Company Sees ‘Strategic’ Investment Wiped Out by 99.99996%
EYDAP, the Athens water utility, today owns just five shares in CrediaBank, the successor of Attica Bank.