#GREECE
Greece and Egypt Move to Expand Maritime Deal After Libya Backs Turkey Agreement
According to Greece's Foreign Ministry, the two ministers categorically rejected the ratification, emphasizing the importance of international law and the United Nations Convention on the Law of the Sea.
Greek Basketball Match-Fixing Probe Uncovers Allegations of Bribes and Manipulated Games
Investigators are examining matches involving Promitheas and clubs including PAOK, Aris and AEK during several seasons between 2018 and 2026.
Greece’s Fuel Subsidy Package Delivers Limited Relief at the Pump
The measures seeks to cushion households and businesses from elevated energy costs.
Greece Rejects Libya’s Approval of Maritime Deal With Turkey, Raising Mediterranean Tensions
Greece disputes the arrangement because it doesn't recognize the maritime rights Athens claims for its islands, including Crete, which lies between the Turkish and Libyan coastlines.
Greece’s Growthfund Sets 2027 Targets for Port and Marina Development
Growthfund, formally known as the Hellenic Corporation of Assets and Participations, manages a portfolio of state-owned assets and businesses.
Private Equity Moves Into Greece’s Fast-Growing Packaged-Salad Market
According to Grand View Research, Europe’s packaged-salad market generated approximately €3.7 billion in revenue in 2024 and could approach €7.3 billion by 2033, representing annual growth of roughly 8%.
Turkey Raises Tensions Over Mediterranean Cables as Greece-Cyprus Power Link Nears Restart
The restart follows months of diplomatic discussions involving Athens, Nicosia and French stakeholders, including infrastructure investor Meridiam.
Greek Shipyard Owned by Shipping Magnate Prokopiou Returns to Profit as Revenue More Than Doubles
The recovery has also translated into stronger employment.
Greece’s New Child Savings Plan Raises Concerns Over Potential Money-Laundering Loopholes
The draft legislation doesn't establish a specific mechanism for cross-checking third-party contributions against contributors' declared earnings.
Greece Plans to Triple Tax on Executive Profit-Based Bonuses to 15%
The measure would establish a two-tier tax structure for payments distributed from corporate profits to company directors, managers and employees.
Greece’s Battery Storage Boom Draws Global Investors, but Grid Bottlenecks Threaten Growth
Regulatory data reveal an even larger pool of potential projects.
Athens Riviera Property Boom Pushes Home Prices Beyond Reach of Greek Buyers
The divergence reflects the growing influence of international capital on Greece’s residential market.
Women Manage Nearly a Quarter of Greece’s Farmland, Outpacing EU Average
The figures place Greece ahead of the European average in female participation in agricultural management.
Deadly Storm Batters Greek Islands, Leaving One Dead and Widespread Damage
The worst damage was reported on Rhodes, a major tourist destination in the southeastern Aegean Sea.
Greece Gears Up for Global Money-Laundering Crackdown Review
The preparations come as Greece also faces a July 2027 deadline to incorporate the EU’s latest anti-money-laundering directive into national law.
Greek Households Face 38% Surge in Heating Oil Prices Despite Government Subsidies
The projected price exceeds levels recorded during the European energy crisis in 2022, when heating oil sold for approximately €1.41 a liter.
Greece’s Inflation Problem Runs Deeper Than Energy Prices
Energy dependence compounds the problem.
Greek Banks Have Recovered. Their Troubled Borrowers Haven’t
The proposals underscore a persistent contradiction in Greece's economic recovery.
Greek Inflation Surges to 5% as Energy Prices Soar, Squeezing Households
Consumers in Greece are already grappling with elevated living costs and limited purchasing power.
Greece Plans 15% Flat Tax for International Organization Retirees
The measure would establish a separate tax regime for pensions paid by recognized international organizations to individuals who are Greek tax residents.
Greece Strengthens Stock-Market Whistleblower Protections With New Reporting Rules
The decision, issued Sept. 24, represents the first major revision of the framework in six years.
Greek Banks Face Limited Risk From Bond-Market Pressure, DBRS Says
Government bonds on Greek banks’ books were equivalent to nearly 300% of their common equity Tier 1 capital, a key measure of financial strength,
Rubio Says America Owes Greece a Debt ‘Time and Distance Can Never Erase’
“Athens gave us democracy,” Rubio said, while Plato and Aristotle helped give the West its philosophical foundations.
Greece Upgrades Tax - Data System Used to Exchange Financial Information With U.S.
FATCA - the Foreign Account Tax Compliance Act - is a U.S. law designed to identify financial assets held outside the country by people with American tax obligations.
Greece Puts the Brakes on Sudden Renewable - Power Swings
Rapid growth in renewable generation is producing more hours of very cheap - or even negative - electricity.
Greece Tightens Scrutiny as Banks Push Into New Businesses
Banks will have to secure regulatory clearance before launching a new activity and provide detailed information on both the business itself and its potential effect on their financial position.
Greece Offers €95 Million Energy Relief, but Industry’s Cost Problem Runs Much Deeper
Energy-intensive manufacturers will receive additional support. The intervention is expected to remove €95 million in costs from industrial production, with details due in the coming days.
Greek Money Launderers Found an Unlikely Middleman: The Utility Bill
Individuals paid electricity and other utility providers substantially more than they owed, building up large credit balances.
Greece’s Raycap Builds Global Ambitions on Exports, Investment and Innovation
Founded by entrepreneur Costas Apostolidis and now led by Kalissa Apostolidis, Raycap reported revenue of €148.3 million in 2025.
Greece Edges Up Economic-Freedom Ranking but Remains Near Bottom of EU
Greece ranks 61st among 165 countries and jurisdictions in the 2026 Economic Freedom of the World index, up from 63rd a year earlier.
Greece’s Inflation Windfall: Higher Prices Fill State Coffers as Households Get Handouts
A year ago, Greece’s Finance Ministry expected 2026 tax revenue of €73.53 billion. It now forecasts €75.73 billion, an increase of roughly €2.2 billion from that initial estimate and €2.09 billion, or 2.8%, above the subsequent budget target.