#ENGLISH EDITION
Greek Households Spend Nearly €800 Million Annually on Foreign Language Education
Greek families are pouring an estimated €777 million a year into foreign language education - yet the country’s public schools offer the fewest language instruction hours in the EU, forcing households to shoulder the burden of a system that appears both present on paper and absent in practice.
Cyprus Publishes Detailed AML Report for 2024 - Greece Hasn’t Released One in Six Years
Greece’s Anti-Money Laundering Authority has failed to publish a single annual report for the past six years - despite a legal obligation to do so - raising serious concerns about transparency and the country’s commitment to combating financial crime, especially as neighboring Cyprus sets a markedly different example.
Alexis Tsipras: Greece Needs a Democratic Renewal to Resist Far-Right and Elite Power
In a stark warning from the heart of Athens, former Prime Minister Alexis Tsipras declared that Greek democracy is at a breaking point - besieged by far-right populism and an entrenched oligarchic elite - urging progressives to unite under a “new patriotism” grounded not in nationalism, but in justice and resistance to kleptocracy.
Electoral Court Removes Far-Right Lawmakers, Leaves Greek Parliament Short of Full Quorum
For the first time since the restoration of democracy in Greece, the national Parliament will function with only 297 members instead of 300, following a landmark court ruling that exposed a legal void - and barred three far-right MPs from office without replacing them.
Democracy and Social Justice in Focus at Alexis Tsipras Institute’s 2nd International Conference
Leading voices from politics, academia, and activism across the United States and Europe have convened in Athens today for the 2nd International Conference on Democracy and Social Justice, hosted by the Alexis Tsipras Institute.
Tempi Disaster: Greek Parliament to Debate Competing Proposals for Criminal Investigation
Greece is entering a critical political juncture as its Parliament prepares to debate competing proposals for a formal investigation into the Tempi train disaster, a national tragedy that shocked the country and claimed dozens of lives.
Hellas Direct Parent Issues €20M Tier 2 Bond to Fuel Expansion
HD Insurance PLC, the parent company of Greek insurer Hellas Direct, has successfully completed the issuance of a €20 million Tier 2 subordinated bond.
Greek Authorities Crack Down on Suspected Money Laundering Among Tax Debtors
Greek tax authorities have launched an extensive campaign targeting individuals and businesses suspected of using unpaid tax debts to conceal illegal financial activity.
Prime Athens Site Opens for 50-Year Lease and Redevelopment
In the heart of downtown Athens, a little-known plot of land is poised for transformation.
Greece Launches Secure System for Monitoring Illicit Financial Activity
Greece has unveiled a new digital platform designed to strengthen its fight against money laundering and terrorism financing. Developed by the Ministries of National Economy and Finance and Digital Governance, the platform will securely collect and analyze statistical data on financial crimes, enabling coordinated action among national authorities while protecting sensitive information.
Is Greece About to Repeat Its Energy Mistakes? The Risk Behind Rushed Storage Subsidies
The government faces a pivotal choice: invest wisely in tomorrow’s technologies or lock in yesterday’s solutions at great public expense.
Convicted Ex-Folli Follie Boss Stirs Controversy with Business Comeback
Less than two months after his release from prison, George Koutsolioutsos, the former CEO at the heart of the Folli Follie financial scandal, has stirred controversy by founding a new company with a provocative name—raising questions about his return to the business world while his appeal is still pending.
LEGO Establishes Direct Presence in Greece with New Subsidiary
LEGO, the renowned Danish multinational toy company, is expanding its operations in Greece with the launch of a new subsidiary, LEGO Hellas Single-Member S.A.
Christian Hadjiminas Raises €172.6 Million from Theon Share Sales in Just 84 Days
The first sale took place on March 12, 2025, when Hadjiminas raised €56.6 million by selling 3.2 million shares of Theon at €17.70 each.
GEK TERNA and GMR Group Deepen Strategic Partnership with New Venture in Crete
The strategic alliance between Indian infrastructure giant GMR Group and Greece’s GEK TERNA has entered a new phase with the establishment of GMR Airports Greece Single Member S.A..
Urban Gambling on the Rise as Greece Eyes New Casino Hubs
In recent years, Greece has experienced a sharp rise in gambling activity, both online and in physical venues.
Greek Government Mediates Basketball League Restart Amid Fierce Rivalry
Greece’s top basketball league will resume after a brief suspension, following government-led mediation between archrivals Panathinaikos and Olympiacos.
Euroxx Initiates Coverage on Alter Ego Media with Strong Growth Outlook
Alter Ego Media, a prominent player in Greece’s media landscape, operates through the widely recognized MEGA television brand and maintains a strong presence in publishing.
UAE Tycoon Expands into Greece with New Data Center Company
Arab billionaire Hussain Sajwani, founder of the Damac Group, has launched a new company in Greece called Velora Data Centre S.A..
Judiciary Signals Preferences for Supreme Court Leadership in Landmark Vote
In a landmark vote held for the first time under a new provision, senior judges and prosecutors of Greece’s Supreme Court (Areios Pagos) have selected their preferred candidates for the institution’s top posts.
Generation Gap at the Ballot Box: How Older Voters Are Shaping Greece’s Political Future
A new poll by MRB for Open TV reveals a striking generational divide in Greek voting intentions, raising not only political questions but also deeper concerns about the country’s social cohesion.
Alexis Tsipras Warns of Greece's “Balkanization,” Blames Government for Worsening Brain Drain
Speaking at the “Brain Retain & Regain” conference in Athens on Tuesday, former Greek Prime Minister Alexis Tsipras warned of a gradual “Balkanization” of the country’s economy and social fabric over the past 15 years.
Evangelos Mytilineos Waives Salary for Five Years, Ties Compensation to Shareholder Returns
In a highly unusual move by European corporate standards, Evangelos Mytilineos, Chairman and CEO of the Greek industrial and energy group Metlen, announced that he will forgo all forms of salary and bonus for the next five years.
Greece’s New Gas Plants: Subsidizing the Unnecessary at Taxpayers’ Expense
Greece’s plan to expand its gas-fired power capacity is drawing increasing scrutiny, as new evidence suggests these high-cost projects may offer little value in a rapidly evolving energy landscape. With €1.6 billion in investments supported by the state, critics argue that the real driver behind these developments is not energy security but guaranteed investor returns—funded by taxpayers.
The Larissa Thermoelectric Plant Has a Past— And It’s Not Just About Energy
Greece’s energy sector has long been a stage for bold promises and complex partnerships—but few recent ventures have stirred as much quiet controversy and behind-the-scenes maneuvering as the Larissa Thermoelectric project.
How Close Are We and Who Holds the Key to a Deal on the Parthenon Sculptures?
Negotiations between Greece and the British Museum over the future of the Parthenon Sculptures have made significant progress, with sources in Athens indicating that around 80% of the key issues have been resolved.
Campus Safety in Focus as Mitsotakis Meets Greek University Chiefs
On Monday, Greek Prime Minister Kyriakos Mitsotakis is scheduled to meet with the country’s university rectors at the Maximos Mansion in Athens, as his government moves forward with a renewed push to tighten security and discipline measures across public universities. The meeting comes amid mounting concerns over safety on campuses and a broader campaign to enforce order in higher education institutions.
How Greece Is Slashing Tax Fines – Who Stands to Benefit and by How Much
Greece has introduced a new legal framework that allows significant reductions in tax fines for businesses and individuals who accept the findings of tax audits without contest.
Greek Households Left in the Cold as Heating Allowance Fails to Match Needs
In Greece, unusually low heating allowance payments this year have triggered widespread frustration, reigniting calls for an urgent overhaul of the subsidy system.
Greek Government Accused of Undermining Research While Praising It
While the Greek government touts its support for innovation and research, a very different story is playing out on the ground.
IMF: Greece Needs Structural Reforms to Catch Up with Europe
Greece must accelerate key structural reforms if it wants to close the gap with more advanced European economies, according to a new report by the International Monetary Fund.