#ENGLISH EDITION
Giannis Sarakakis Named President of American-Hellenic Chamber of Commerce
In his first statement as President, Sarakakis emphasized a vision of unity, innovation, and progress: "Together, by building on our strong legacy, we will lead the Chamber into the future with unity, vision, and a firm commitment to reform," he said.
Greece Faces Sweeping Changes Under AMLA’s 2025 Anti-Money Laundering Plan
The country will need to revise its national legislation and overhaul supervisory procedures to meet the new European standards.
Greece’s Tax Authority Bolsters Cyber Defenses with €2.46M Investment in New Digital Security Systems
Greece’s Tax Authority is investing €2.46 million in advanced cybersecurity systems to protect its digital infrastructure from cyber threats.
Euronext’s Bid for the Athens Stock Exchange Fails to Impress: No Cash, Rising Doubts
Euronext’s all-stock offer to acquire the Athens Stock Exchange, despite a 14.4% premium, has sparked skepticism due to the absence of cash and potential valuation risks.
New Labor Bill Introduced in Greece Brings Sweeping Changes to Work Hours, Hiring, and Overtime
Greece has introduced a sweeping labor reform bill aiming to modernize employment laws by expanding work hours and digitalizing processes, but the legislation has sparked fierce opposition from trade unions, who warn it risks undermining worker protections and fueling social unrest.
Greek Authorities Targeting Deep-Seated Corruption Within Public Institutions
Greece’s Minister for Citizen Protection, Michalis Chrysochoidis, unveiled a sweeping anti-corruption report on Monday, revealing that dozens of public officials were among 80 arrested in a five-month probe into organized crime—part of an intensified effort to root out systemic misconduct threatening the country’s institutions and economy.
Greece’s Central Bank Reports Limited AML Breaches, Enforcement Fails to Impress
Despite repeated pledges to tighten oversight, the Bank of Greece identified only eight anti-money laundering breaches in 2024 and conducted just seven inspections, raising concerns that regulatory enforcement remains superficial in a sector vulnerable to financial crime.
Which Greek Civil Servants Are Eligible for Secondment to Support Cyprus’ 2026 EU Council Presidency
In a show of regional solidarity, Greece will second experienced civil servants to assist Cyprus during its 2026 Presidency of the Council of the European Union, enhancing administrative capacity and diplomatic readiness through a structured, cost-neutral collaboration.
Greek Authorities Move to Reclaim Fraudulent Farm Subsidies
Greek Prime Minister Kyriakos Mitsotakis has ordered a sweeping investigation into widespread abuse of EU agricultural subsidies, mobilizing financial crime units and tax authorities to reclaim millions of euros in unlawfully obtained public funds, as mounting evidence points to systemic oversight failures and organized fraud.
Caught on Camera: Mitsotakis Seen Dining with Key Figures in Agricultural Subsidy Scandal
Greek PM Mitsotakis faces mounting pressure after a major agricultural subsidy scandal at OPEKEPE led to multiple resignations. Opposition accuses him of complicity, fueling public outrage and calls for investigations. The crisis threatens government stability and raises speculation about possible early elections.
Larissa Gas Plant Project Secures Capital Increase, But Critics Question Need for New Fossil Fuel Investment
Clavenia Ltd invested €19.4 million in Larissa Thermoelectric S.A. to build a 792 MW gas plant. The capital increased to €19.51 million. Partners include DEPA Commercial, EUSIF Larissa, and Volton. Greece’s energy supply is stable, raising questions about the project’s necessity.
Tsipras Reclaims 2015 Legacy, Calls for Exposure of What Was Said Behind Closed Doors
Former Greek Prime Minister Alexis Tsipras has called for the public release of official transcripts from a closed-door meeting of political leaders held the day after Greece’s 2015 bailout referendum, arguing that the truth about that pivotal moment must be made public in the name of historical accuracy and democratic transparency.
Why Public Shaming of Major Tax Debtors Fails to Spur Debt Repayment
Greece’s tax authority is preparing to name and shame individuals and companies owing over €150,000 in unpaid taxes, in a renewed push to pressure high-value defaulters into compliance. But despite the public exposure tactic, data shows the strategy has done little to recover the billions owed to the state.
Five Years Abroad Now Enough to Avoid Greek Tax
Greece is introducing sweeping tax reforms aimed at attracting expatriates, foreign investors, and former residents back to the country. Among the key changes is a significant reduction in the required period of residence abroad for exemption from Greek taxation on movable assets held outside the country.
Greece Eases Family Office Rules, Prompting Fears of Regulatory Arbitrage
Greece is moving to attract global high-net-worth individuals by loosening restrictions and offering new incentives for family offices—companies that manage the wealth and affairs of affluent families.
Greece Tightens Rules on Business Subsidies Under Development Law
Greece is reinforcing its Development Law with a new set of stricter regulations aimed at cracking down on businesses that fail to comply with the terms attached to state subsidies.
Greek Bill Could Let Elites Avoid Public Offer Rules Through Offshore Trusts
A little-noticed provision tucked into a draft bill from Greece’s Ministry of National Economy and Finance is stirring controversy over concerns it could quietly benefit a privileged few while weakening financial transparency.
Greek Public Finances Strengthen as Tax Collections Outpace Forecasts
A key factor in the revenue windfall was the earlier-than-usual collection of personal income taxes.
Blantyre’s Healthcare Play in Greece Raises Eyebrows Over Transparency and Control
This deal is the result of an agreement reached in September 2024 between Himithea and Farallon Capital, the primary shareholder of Euromedica through EMD Holdings.
Greeks Reach Tax Freedom Day on June 25 - 175 Days of Work Go to the State
In 2024, it took 181 days to meet the same obligations - meaning Greeks are effectively working six fewer days for the state in 2025.
Mario Draghi Comes to Athens with a Vision for Europe - Common Debt, Investment, and Institutional Renewal
His appearance comes at a time when the bloc stands at a crossroads: either embrace bold reform or risk prolonged stagnation.
Bank of Greece Enforces EU-Aligned Crackdown on Crypto Transfers
At the heart of the new framework is a requirement for complete identification of both the sender and the recipient in every transaction—regardless of the amount involved.
Wildfire Devastates Greek Island of Chios for Third Day, Threatening Historic Villages
A massive wildfire has engulfed the Greek island of Chios for a third straight day, unleashing widespread destruction and threatening the island’s famed medieval mastic villages, known as the Mastihohoria.
Greece Faces €11.2 Billion Annual Defense Burden Under New NATO Pact
Greece is set to shoulder a significantly higher defense burden under a major new NATO agreement, which is expected to be unveiled at the alliance’s summit in The Hague this week.
Greece Shifts Traffic Fine Responsibility from Vehicle Owners to Drivers
Greek authorities have announced a major shift in how traffic violations are handled, relieving vehicle owners of automatic liability and placing responsibility squarely on the individual behind the wheel.
Crypto Recovery Lawsuit Targets Greek Citizen in New York Court
An international legal dispute playing out in a U.S. federal court is attracting the attention of Greek tax authorities, as a Greek citizen has been named in a high-stakes lawsuit involving millions in cryptocurrency.
Consulting Surpasses Auditing: Shift in the Greek Accounting Sector
A significant shift is underway in Greece’s accounting and auditing sector, as revealed by the latest annual report from the Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) for the 2023/2024 period.
Greece Sees Uptick in Urban Property Investment
Affordable property, flexible usage, and an attractive lifestyle are making Greece a magnet for foreign professionals seeking urban residences for seasonal living, remote work, or relocation.
Greece Urges Restraint as Middle East Tensions Mount Ahead of Key NATO Summit
Amid rising tensions following a U.S. strike on Iran, Greek Prime Minister Kyriakos Mitsotakis urged restraint and warned against further escalation, just days ahead of a pivotal NATO Summit in The Hague.
Greece Cracks Down on Unregulated Mooring with New Buoy Rules
The Greek government has introduced a legal framework for floating mooring buoys, aiming to reduce environmental damage, congestion, and unregulated activity in coastal waters outside traditional ports.
Greek Consumers Brace for Impact as Persian Gulf Sparks Oil Rally
As global oil prices climb on fears of a supply shock, Greek consumers and businesses are preparing for a fresh wave of cost increases that could destabilize the country’s fragile economic recovery.