#GREECE
How Greece’s Ageing Buildings Are Driving Up Borrowing Costs
The ECB’s latest lending survey shows that companies with a low environmental footprint, or with credible plans for a green transition, are increasingly rewarded with more favorable borrowing terms.
Samaras Breaks Silence with Sharp Attack on Mitsotakis and Hints at New Party
Samaras rejected any suggestion that his rift with Mitsotakis is personal.
Low Declared Incomes Put Greek Freelancers Back Under the Tax Microscope
Despite long-standing concerns, the odds of a thorough tax audit in Greece remain relatively low.
Greece Faces Housing Crunch as Building Permits Plunge and Empty Homes Pile Up
Greece is grappling with a deepening housing shortage, the result of years of subdued construction activity and regulatory upheaval that has complicated the issuing of building permits.
Long-Term LNG Pact and Renewables Push Propel Aktor Energy Toward IPO
Aktor Energy, a newly established subsidiary of Aktor, is rapidly shaping a credible path toward a future listing on the Athens Stock Exchange.
Greece Struggles With High Public Sector Arrears
Greece’s public sector continues to grapple with high levels of unpaid bills, even as total overdue obligations fell slightly in September.
Tobacco Companies Could Soon Foot the Bill for Beach Cleanups in Greece
Cigarette filters contain plastic and have been classified as single-use plastics under European and Greek legislation since 2020.
Amid Rising Rates Across Europe, Greece Stands Out With Ultra-Low Dividend Tax
At the opposite end of the spectrum are Estonia, Latvia and Malta, none of which impose any tax on dividends.
Bank Surveys Reveal Wide Gap Between Greek and EU Lending Conditions
Recent surveys by the Bank of Greece and the European Central Bank highlight stark differences in lending trends between Greece and the rest of the European Union, particularly when compared with the bloc’s four largest economies—Germany, France, Italy and Spain.
Greece, Cyprus, Israel and U.S. Unite Behind Regional Energy Links Amid Rising Tensions
The statement was released following the 3+1 Energy Ministerial, bringing together officials from the United States, the Republic of Cyprus, Greece, and Israel.
Why Greece’s New Gas Deal Won’t Deliver Overnight
Exaggeration is hardly new in Greek public life, and it resurfaced on Thursday following the Farm-In agreement signed by HELLENiQ ENERGY Holdings, ExxonMobil and Energean.
Strong U.S. Interest in Metlen’s Gallium and Defence Expansion Revealed
Metlen’s announcement on Thursday of its third major corporate transformation unfolded in an atmosphere charged with emotion—particularly for Executive Chairman Evangelos Mytilineos.
Greece’s Governing Party Stumbles Amid Rising Public Discontent
The trend that stands out most is the surge in undecided voters, now at 21.5%.
A “Limbo Situation” Is Europe’s New Silent Crisis
Among the speakers, Leena Mörttinen, Finland’s Permanent Under-Secretary for International and Financial Markets, delivered one of the most striking interventions.
Greece Eyes Samurai Bonds Again, Looking to Turn ‘Amazu Soosu’ Into Sweet Success
Greece’s relationship with Asian capital markets is not new.
EBA Unveils EU-Wide AML Overhaul, Poised to Impact Greek Financial Sector
The European Banking Authority (EBA) has released its long-anticipated guidance to the European Commission on the design and powers of the new European Anti–Money Laundering Authority (AMLA).
Greece Shutters 18% of Post Offices, Sparking Public Backlash and Fears of Isolation
Greece’s state-run postal service, ELTA, has sparked nationwide outrage after announcing the sudden closure of 204 branches — nearly 18% of its network.
“Chaos” Edges Out Mitsotakis as Greek Voters Lose Faith in Political Stability
A new poll by the firm Interview for POLITIC shows that more Greeks would now choose “chaos” over Prime Minister Kyriakos Mitsotakis in the political dilemma “Mitsotakis or chaos.”
Greece Launches €500,000 Program to Reward Top University Entrants
A total of €500,000 has been allocated by the State Scholarships Foundation (IKY) to fund the new Awards of Excellence program.
Pending Tax Disputes Rise in Greece, with Only 11% of Appeals Accepted
The Dispute Resolution Directorate (DRD) of Greece’s Independent Authority for Public Revenue (AADE) reported an increase in pending cases during August, reflecting ongoing pressure on the country’s tax dispute system.
One in Five Greek Taxpayers Delays Payments as Tax Compliance Reaches 82%
Greece’s Independent Authority for Public Revenue (AADE) has released new data showing that, despite an overall improvement in tax compliance, a significant share of taxpayers continues to fall behind on their obligations.
Europe’s Double Game: Greece Arms Up as Allies Sell Weapons to Turkey
Greece marked its national holiday on October 28 with a grand military parade in Thessaloniki, showcasing the most advanced weapons systems ever fielded by the Hellenic Armed Forces.
Greek Government Faces Declining Support Despite Broad Tax and Wage Reform Drive
Public support for Greece’s government has fallen, despite the unveiling of a sweeping package of tax cuts and wage increases aimed at easing the cost of living and stimulating economic growth.
Greece’s Islands Capture 11% of Global Island Tourism as Arrivals Surge
Greece’s islands continue to stand as the country’s greatest tourism asset, maintaining their magnetic appeal over time and achieving remarkable growth.
Greece Moves to Align Taxation of Multinationals and Cryptocurrencies with New EU Rules
At today’s Cabinet meeting, Minister of National Economy and Finance Kyriakos Pierrakakis will present legislative proposals to incorporate EU Directives 2023/2226 and 2025/872 into Greek law.
Greece’s Economic Divide Widens as Attica Pulls Away from the Rest
Between January and June 2025, total bank deposits in the Attica region rose by €1.57 billion - a surge driven almost entirely by the Regional Unit of Athens, which alone added €1.584 billion.
The Economic Abyss of the German Occupation: How Nazi Rule Devastated Greece’s Economy
The exploitation was formalized in March 1942 through what became known as the Occupation Loan, an agreement imposed by Germany and Italy on the Greek government.
Foreign Property Owners in Greece Under Scrutiny for Undeclared Rental Income
The issue primarily concerns citizens from EU and Balkan countries who lease their properties through short-term platforms such as Airbnb or through long-term rental agreements without declaring the income to Greece’s Independent Authority for Public Revenue (AADE).
Greece Plans Wave of Property Auctions as Tax Debt Collection Intensifies
At the top of the auction list is a major property in Nea Ionia, Attica, situated at the junction of 1 Kymis and Byzantium Streets.
Greece Rises Among Europe’s Leading Pasta Producers
In terms of trade, the EU exported 2.9 million tonnes of pasta and imported 1.7 million.
Greek Poll Shows Voter Fatigue: Ruling Party Slips as 63% Want Political Change
Nearly 70% of Greeks believe the nation is heading the wrong way, and almost half (46%) say their personal financial situation has worsened over the past year. Inflation remains the top concern for 44%, followed by the broader economy (34%) and the perceived “crisis of institutions” (22%).