#ENGLISH EDITION
Fraport Greece Launches Next Phase of Major Runway Upgrades at Eight Regional Airports
Greece has entered a pivotal phase in its efforts to modernize regional transport infrastructure, as Fraport Greece advances with the fourth stage of a major runway reconstruction and upgrade project at eight of the country’s busiest island airports.
Official Records from 2015 Leaders’ Meeting Shatter Euro Exit Claims
Newly released transcripts from a critical 2015 political summit reveal that then-Prime Minister Alexis Tsipras never planned for Greece to exit the eurozone, challenging years of speculation and misinformation about the country’s financial crisis and the so-called “Grexit.”
Wave of 30,000 Residential Properties Coming to Greek Market by 2027
Over the next two years, Greece is poised to see a surge in residential property listings, with an estimated 30,000 homes set to enter the market by 2027.
Greece Eyes €2 Billion Tax Relief, But Will It Reach the Most Vulnerable?
As the Greek government prepares to unveil a sweeping tax relief package at the Thessaloniki International Fair, a crucial debate is emerging: will these measures genuinely narrow the country's persistent income gap—or end up reinforcing it? With inequality indicators stubbornly stagnant, the focus on middle-income earners is raising both hopes and concerns.
Historic Hotel to Reopen After 18 Years, Backed by Major Investors
A landmark investment project is taking shape on the Greek island of Lemnos, where a powerful group of shipping and business leaders is backing the revival of the long-abandoned Akti Myrina Hotel, aiming to transform it into a new hub of high-end tourism.
Telis Mistakidis Cashed Out of Glencore at Peak Valuation
Greek billionaire Telis Mistakidis quietly sold his entire stake in Glencore for an estimated €2.38 billion—just before the company’s stock plunged by nearly 40%.
Former Watchdog Alleges Character Assassination Amid Surveillance Investigation
In a candid and revealing interview on the podcast “Encounters at Syntagma”, hosted by the Centre for European Constitutional Law – Tsatsos Foundation, Christos Rammos, the recently departed head of Greece’s Authority for Communication Security and Privacy (ADAE), offered a rare insider’s account of the deep institutional and democratic challenges facing the country.
Greece Faces Intense Heatwave with Temperatures Expected to Exceed 43°C
Greece is preparing for what could be the most intense heatwave of the year, with meteorologists warning of extreme and persistent high temperatures beginning Monday. Following an already hot start to July, the upcoming days are expected to bring even more severe conditions, with temperatures forecast to rise above 43°C and potentially reach 44°C.
OTE Real Estate Portfolio Hits €1.23 Billion, Driven by Office and Mixed-Use Property Gains
OTE, Greece’s leading telecommunications group, recently received a comprehensive valuation report for its real estate portfolio from the Appraisal and Advisory Services Division of the National Bank of Greece.
Six in Ten Renters in Athens and Thessaloniki Struggle With Soaring Housing Costs
A new report from the Bank of Greece reveals that a growing number of Greek households, especially renters in major cities, are buckling under the weight of housing costs.
Greek Economy Faces Structural Hurdles in Closing EU Investment Gap
Greece continues to fall short of the European Union average in fixed investment, despite showing signs of recovery following the pandemic.
ALTER EGO MEDIA Acquires Newsit and Tlife in €28.5 Million Deal, Expanding Its Digital Media Footprint
ALTER EGO MEDIA has completed a landmark acquisition that significantly expands its digital media footprint, securing control over prominent news and entertainment platforms through a multi-million-euro deal that underscores its strategic growth ambitions.
Second Dossier on Greek Agricultural Subsidy Scandal to Implicate Dozens of MPs
The government’s decision to opt for a general inquiry—rather than a pre-investigative committee with the power to examine criminal liability—is being met with fierce resistance.
Piraeus Bank’s ATM Spin-Off Leaves Customers Paying the Price
Piraeus sold 850 of its ATMs to a newly formed company called Cashflex—a move that is now reshaping the banking experience for everyday users.
New Study Reveals Structural Wage Imbalance in Greece and Eurozone
Between 2018 and 2023, the average wage in Greece increased by just 7%, a figure far below the Eurozone average of 19%.
OPEKEPE Scandal: Greece’s Government Faces Backlash Over Inquiry Tactics
OPEKEPE, the agency responsible for managing EU agricultural funds in Greece, is at the center of a high-profile corruption probe initiated by the European Public Prosecutor’s Office.
After Years of Delay, Bank of Greece Introduces New Governance Rules for Banks
With the introduction of Decision 243/2 on July 7, 2025, the Bank of Greece appears to be trying to reclaim its role as a serious supervisory authority.
Mitsotakis Government Under Fire as Libya Challenges Greece’s Maritime Boundaries South of Crete with Official Note to UN
Libya has formally contested Greece’s maritime boundaries south and west of Crete by submitting a diplomatic note to the United Nations, challenging Athens’ Exclusive Economic Zone claims and escalating tensions over Eastern Mediterranean energy exploration rights.
Shock Legal Reform in Greece Paves Way for Rapid Evictions and Property Seizures
Greece is poised to radically reform its foreclosure and property auction laws with a new bill that accelerates evictions and weakens homeowner protections, raising serious concerns about widespread displacement and social fallout among vulnerable populations.
24 Hours Left: Greece’s Tax Filing Period Nears Its End
Greece approaches the final 24 hours before the July 15 deadline for 2025 income tax filings, amid calls from accountants for a short extension due to technical issues, while the Ministry of Finance stands firm on enforcing the submission cutoff.
Larissa Thermoelectric Appoints New Board, Relocates Headquarters, and Tightens Shareholding Rules
Greek energy company Larissa Thermoelectric has completed a sweeping overhaul—relocating its headquarters to Athens, reshaping its board under the leadership of DEPA Commercial’s CEO, and tightening shareholder control rules—as it positions its high-efficiency gas plant as a key stabilizer in Europe’s increasingly renewables-driven energy grid.
Housing Crunch Deepens in Greece as Supply Shrinks and Prices Soar
Greece’s housing market is facing mounting pressures, as the availability of homes—both for sale and for rent—continues to decline across major urban centers.
The Hidden Price of Greek Healthcare: Why Patients Are Paying Twice
In recent years, Greece has substantially increased its public healthcare spending, with government outlays now reaching approximately €12 billion annually—close to 6% of GDP and in line with the European average.
Failed Bomb Plot at Greek Journalist’s Home Prompts National Outcry and Probe
Greek police are investigating a failed bomb attack outside the home of prominent journalist Giannis Pretenteris, in a case that has reignited fears over press freedom and political violence in the country.
How the Greek State Will Manage Seized Assets Linked to Criminal Activity
Greece is moving to close a legal vacuum in its criminal justice system with new rules for managing seized assets linked to suspected criminal activity.
New Bill Requires Audits for State-Funded Sports Bodies in Greece
Greece is moving to tighten financial oversight of publicly funded sports bodies, requiring mandatory annual audits for organizations receiving more than €100,000 in state support.
Greece Clarifies Debt Relief Rules for Over-Indebted Citizens
Greece’s tax authority has clarified the long-standing process for forgiving debts owed by over-indebted individuals, making clear that debt cancellation is not automatic—even after a court ruling.
GEK TERNA and Motor Oil Finalize Major Energy Sector Merger in Greece
Greece’s energy landscape is being reshaped as GEK TERNA and Motor Oil finalize the merger of HERON and nrg, creating the country’s second-largest power provider for residential and business consumers.
Greekonomics: Inequality, Low Productivity, and a Housing Crisis — Why Greece Has Fallen Behind Europe
Greece, often hailed for its resilience after a decade-long financial crisis, remains far from converging with its European partners.
Greece Rises in Popularity Among European Tourists, Spending Expected to Increase
Greece is gaining ground as a top destination for European tourists in 2025, climbing the popularity ranks especially among German and French travelers, according to new data from the Institute of the Greek Tourism Confederation (INSETE).
European Parliament Backs Ambitious UN Sustainability Goals Ahead of Global Forum
Greek MEP Nikolas Farantouris secured broad cross-party backing in the European Parliament on Wednesday for a sweeping report on the UN’s Sustainable Development Goals, positioning the EU as a global leader in the drive toward a more just and sustainable future.