#GREECE
Inflation Boosts Business Revenues and State Coffers in Greece, but Households Feel the Strain
Data for the first four months of 2026 show price pressures remaining firmly embedded across the economy.
Greek Tourism Industry Warns New Framework Could Deter Investment
Kyriakos Mitsotakis presented the new Special Spatial Planning Framework for Tourism as a key pillar of the government’s strategy to balance growth with the protection of destinations increasingly strained by rising visitor numbers.
Asset Filings Show Greek Ruling-Party Lawmakers More Than Doubled Wealth Since 2019
The data show that New Democracy lawmakers recorded by far the largest increase.
Pre-Set Buyback Formula Fuels Debate Over Greek Loan Portfolios
Under the securitization documents, doValue can exercise the repurchase option on any interest payment date by notifying the issuer between 30 and 60 days in advance.
Antigua Court Halts Alki David Suit Tied to Carbon-Credit Venture
David claimed the initiative could absorb between 17 and 19 million metric tonnes of carbon annually and generate approximately $8bn a year through carbon credit markets.
Greek Power Group PPC Launches Capital Increase to Fund 2030 Strategy
Under the initial allocation framework, 15% of the new shares will be reserved for the Greek public offering.
Greece’s PPC Targets Up to €4.3 Billion in Landmark Share Sale
The Greek government, which intends to preserve its 33.4% blocking minority stake, is expected to invest as much as €1.43 billion if the deal reaches its maximum size.
Greece Races Against Time to Deliver Remaining EU Recovery Fund Projects
The final stage is proving especially difficult because many of the most demanding projects were pushed toward the end of the implementation period in order to accelerate the early flow of EU funds into the economy.
Brussels Faces Pressure to Examine European Dimension of Greek Surveillance Affair
The case became a major political controversy in Greece after revelations that opposition politicians, journalists and other figures had been monitored, prompting investigations by both the Greek parliament and the European Parliament.
Europe Faces New Energy Squeeze as Gulf Crisis Threatens Gas Supplies
European gas inventories are currently around 30% full, compared with roughly 50% at the same point last year, according to Mytilineos.
Greek Households Retreat Into Survival Mode as Inflation Bites
For millions of Greek households, the economic scars of Europe’s decade-long debt crisis never fully healed.
Greece Imposes Strict Rules on AI Use in Schools
The measures apply to all secondary schools in Greece, including both in-person and remote learning environments.
Trump-Connected Investors See Strategic Opening in the Balkans
The push is centered on liquefied natural gas infrastructure and broader investments tied to American business interests, many of them connected to allies of President Donald Trumpm
Dimitriadis Reignites Greece’s Wiretapping Scandal With Explosive Interview
In the interview, Dimitriadis lashed out at Androulakis, accusing him of cultivating political “toxicity” and anger for partisan gain.
Drones, X-Rays and AI: Greece Escalates Fight Against Tax Evasion
The plan reflects a broader push by the Greek government to modernize one of Europe’s historically most fragmented tax systems and close a tax gap that has long burdened public finances.
Eurobank Posts First-Quarter Windfall From Romanian Tax Case Resolution
Eurobank reported a notable one-off gain in its first-quarter 2026 earnings after resolving a long-standing legal dispute linked to the sale of its former Romanian subsidiary, Bancpost, to Banca Transilvania in 2018.
Santorini Still Geologically Active Despite Drop in Earthquakes
Seismic activity around Santorini has declined since last year’s spike, but scientists caution that the region has yet to return to normal conditions and continues to experience significant subsurface changes.
Athens Moves to Bring Crypto Profits Into Tax Net
The Greek government is preparing legislation that will introduce taxation on profits derived from cryptocurrencies, in a move aimed at bringing digital assets more firmly into the formal tax system.
Mounting Cost Pressures Squeeze Greek Hotel Profitability
Demand for travel to Greece remains robust, but behind the strong bookings lies a growing concern for the country’s tourism industry: profitability is under increasing strain. Rising costs—particularly in energy—are outpacing revenue growth and putting significant pressure on hotels’ margins.
Athens Bar Association Moves to Take Surveillance Scandal to European Court
Greece’s powerful legal establishment is preparing to escalate its long-running confrontation with the government over a sweeping wiretapping scandal, taking the case beyond national borders and into Europe’s top human rights court.
U.S. Returns 26 Looted Antiquities to Greece in Cultural Repatriation Effort
According to ICE Deputy Director Charles Wall, the artifacts had been illegally removed and represent “priceless treasures” that rightfully belong to the Greek people.
Greece Introduces Mandatory Five-Year Planning and Annual Oversight for Water Utilities
The reform, led by the Regulatory Authority for Waste, Energy and Water, requires all water supply and sewerage providers to adopt structured long-term planning alongside stricter annual reporting.
Greece Aligns with EU Rules in Overhaul of Consumer Credit Market
Like all EU member states, Greece is required to align its legal framework with these updated standards, especially in response to growing concerns about household over-indebtedness.
Greece Clears Fast-Track Compensation for Victims of Tempi Train Disaster
The proposal was put forward by Finance Minister Kyriakos Pierrakakis and Deputy Infrastructure and Transport Minister Konstantinos Kyranakis.
Greece’s Waters Fill with Superyachts, but Public Coffers Stay Light
The country now attracts close to a quarter of global mega yacht traffic, a figure that underscores its appeal but also amplifies the strain on its coastal ecosystems.
Greece Channels Film Incentives Toward Foreign Productions in 2026 Plan
Authorities are introducing an additional €30 million pool financed through European Union structural funds for 2021–2027.
Trump’s Planned Ankara Visit Puts Eastern Mediterranean Tensions in Spotlight
Turkish officials are said to be investing significant diplomatic capital in the planned July 7–8 summit, where Trump is expected to meet President Recep Tayyip Erdoğan.
Election Calendar to Determine How Greece Deploys Budget Windfall
If voters head to the polls in late 2026, the government faces a tight fiscal bind.
Turkey Challenges Greek Fishing Maps, Calling Aegean Boundaries “Imaginary”
Turkey further asserts that any fishing restrictions imposed by Greece beyond its territorial waters of six nautical miles are invalid, especially in zones Ankara.
Greece Prepares New Support Package to Shield Households from Middle East Fallout
The measures have been prepared by the government’s economic team, drawing on additional fiscal space created by a stronger-than-expected budget performance.
Piraeus Bank Aims to Double Dividends as Profit Growth Accelerates
The plan hinges on steady underlying growth, with earnings per share projected to rise by roughly 10% annually.