#GREECE
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%.
Mixed Messages from U.S. Envoys to Greece and Turkey Underscore Foreign Policy Rift
Washington's approach to the Eastern Mediterranean—especially under a Trump-led foreign policy—may once again be driven as much by personalities as by principles...
Heat Is the New Health Crisis: How Rising Temperatures Threaten Lives in Greece
In large urban centers such as Athens, where one or two heatwaves per year were the norm between 1971 and 2000, projections indicate that by 2050, residents could experience over ten each year.
Why Electricity in Greece Is More Expensive Than the EU Average
A major factor is Greece’s limited energy interconnection with the rest of Europe...
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.
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.
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).
Greek Authorities Consider Ending Daily Refinery Fuel Price Disclosures
Greece may soon stop publishing daily refinery fuel prices online, a move prompted by the country’s competition authority, which warns that the current system enables tacit price coordination between the nation's two dominant refiners.
Guilfoyle Sets Ambitious Goals for U.S. - Greece Strategic Partnership
Greece is set to become a cornerstone of U.S. defense and energy strategy in Europe, according to Kimberly Guilfoyle, the incoming U.S. Ambassador to Athens.
Mitsotakis Faces Tough Choices on Election Timing
The political atmosphere in Greece continues to deteriorate for Prime Minister Kyriakos Mitsotakis and his New Democracy government, particularly in the wake of the OPEKEPE scandal—a controversy involving mismanagement of EU agricultural funds.
Greek Workers Face Rising Tide of Stress and Burnout, New Report Finds
A new study conducted by the Institute of Labor of the General Confederation of Greek Workers (GSEE) paints a stark picture of working life in Greece, highlighting the intensifying pressures faced by employees across the country.
Greece Unveils Social Climate Plan with Targeted Support for Vulnerable Households
Greece has launched a public consultation on its National Social Climate Plan, a policy initiative designed to support households struggling with the costs of transitioning to a greener lifestyle.
Greece’s Ruling Party Loses Ground as Subsidy Scandal Unfolds
This overwhelming sentiment spans voters of nearly all political affiliations, signaling a deep erosion of trust in the political establishment.
Kalamata Airport Enters New Era with Fraport, Copelouzos, and Konstantakopoulos Partnership
A new company, Kalamata Airport S.A., has been established by a consortium comprising Fraport AG (51%), Delta Airport Investments (24.5%) of the Copelouzos Group, and Pyleas (24.5%) of the Konstantakopoulos Group.
Heat Dome Grips Greece: Extreme Temperatures to Persist Through Midweek
Meteorologists warn of a looming «heat dome» - a weather pattern that traps hot air over an area, causing sustained and extreme temperatures.
Greece Outpaces Spain and France in Hotel Profitability
According to CBRE’s investor survey, there is heightened interest in hotel assets that offer opportunities for repositioning and value creation.
Tax Filing Progress in Greece Reaches 86% with Calls for Minor Extension
Of those already processed, nearly 34% have resulted in tax bills, amounting to a total of €3.71 billion in assessed taxes - an average of €1,902 per taxpayer.
George Papandreou: Angela Merkel Told Three -and a Half- Truths About the Greek Crisis
Papandreou begins by acknowledging Merkel’s characteristically cautious tone in recounting the events, yet credits her with recognizing certain truths that had been long obscured.
Greek Pharma Industry Gains Ground in Europe
At the Economist Government Roundtable in Athens, Greece presented a compelling case for its emerging role as a key player in Europe’s pharmaceutical landscape.
Wildfire Rages Near Athens, Destroys Homes and Forces Evacuations
A massive wildfire erupted Thursday afternoon in the coastal town of Rafina, just east of Athens, engulfing homes and threatening lives as it spread rapidly through the area.
Monks Boycott Mitsotakis Visit to Mount Athos Over Orthodox Values
Greek Prime Minister Kyriakos Mitsotakis is set to visit Mount Athos this Friday and Saturday, embarking on an official trip to the monastic republic that holds deep religious and cultural significance in Orthodox Christianity.
Greece’s PPC Launches l Energy Trading Arm
Greece’s Public Power Corporation (PPC) has established a new wholly owned subsidiary, PPC Trading Single Member S.A
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.
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.
Ten Years After Greece’s «No» Vote, Political Record of Euro Crisis Talks Still Sealed
Tsipras’s appeal comes at a time of renewed reflection on the events of 2015 - arguably the most volatile chapter in Greece’s post-dictatorship history.