#GREECE
Greek Opposition Tears into Mitsotakis After Thessaloniki Fair Press Conference
Greece’s opposition parties sharply criticized Prime Minister Kyriakos Mitsotakis following his Sunday press conference at the Thessaloniki International Fair, accusing him of downplaying scandals, ignoring the cost-of-living crisis, and presenting a program out of touch with ordinary Greeks.
Greek MEP Sounds Alarm Over Great Sea Interconnector Delays
Delays in the €1.9 billion Great Sea Interconnector, intended to diversify Europe’s energy sources and strengthen supply security, are raising concerns in Brussels as Turkey threatens the project and disputes flare between Greece and Cyprus.
Soaring Meat Prices Put Greek Families Under Strain as Imports Deepen Market Dependence
The relentless rise in meat prices is putting mounting pressure on household budgets, fueling concern among both consumers and the market.
Piraeus port hit by customs delays amid major reorganization
Businesses in Greece are voicing growing frustration over severe delays in customs clearance procedures at the port of Piraeus, warning that the disruption is straining supply chains and hampering trade.
Pollution and Noise Take a Heavy Toll on Greek Cities, Eurostat Finds
One in five Greeks say that pollution and noise are suffocating their daily lives, according to new data from Eurostat that highlights deep disparities in quality of life across the European Union.
H&M’s Profits Surge in Greece and Cyprus, but Tax Issues Cloud Outlook
H&M has submitted its financial statements for the fiscal year December 2023 to November 2024 to Greece’s General Commercial Registry, covering its operations in Greece and Cyprus.
Tempi Inquiry Dogged by Clashes Between Greek Board and EU Experts, Deposition Shows
Revelations from the ongoing inquiry into the deadly train crash at Tempi have shed new light on the behind-the-scenes battles that shaped the official investigation.
Social Housing Scheme Using Public Property Set to Roll Out
Greece is moving forward with an ambitious social housing scheme that will see thousands of unused state-owned properties developed into affordable homes.
Tourism Outpaces Infrastructure on Greece’s Most Popular Islands
This summer exposed the fragile underpinnings of Greece’s most popular island destinations, where public infrastructure buckled under the weight of record tourism.
Greece Hasn’t Learned to Live Without High VAT - IMF Report on the Lingering Legacy of the Bailouts
A recent IMF report sheds light on why Greece remains “addicted” to indirect taxation — and why, seven years after the end of the bailout programs, successive governments have resisted lowering VAT rates on essential goods and services.
Tourism 2025: What This Season Revealed and What Lies Ahead in 2026
Beneath headline numbers, however, lie challenges that will shape the industry’s agenda for 2026.
Tourism in Greece Shifts as Travelers Change Habits
These shifts are unsettling for tourism businesses.
Greece’s Golden Visa Shake-Up Triggers Sharp Drop in Property Investment
Foreign investment in Greek real estate has fallen sharply following recent changes to the country’s Golden Visa program.
Why Buying a Home in Greece Takes Six Months - and in Cyprus Only Days
Deep structural inefficiencies continue to weigh on the Greek property market.
Inflation «feeds» public coffers - Greece’s VAT revenues climb to 11% of GDP, compared with 7.5% in the EU
Inflation has quietly swelled public revenues, particularly through indirect taxation such as value-added tax.
Greece’s First Non-State Universities Face Narrow Start
The outcome underscores the gap between the government’s ambitious rhetoric and the realities of implementation.
Greece Faces a Shortage of Two Million Workers by 2035
Analysts believe that only a mix of policies can turn the looming shortage into an opportunity.
New Power Rules Aim to Ease Grid Strain in Greece
The decision is based on data collected by Greece’s grid operator ADMIE for 2023 and 2024, which shows that consumer habits have shifted significantly.
Greece’s Selective Tolerance for Corruption Is a Warning for Democracy
While Greeks condemn corruption, many are prepared to tolerate it if it delivers competence or personal advantage.
Greek Debt Seen as Secure Despite Political Uncertainty
Today, the bulk of Greek debt is held by the official sector, at very low interest rates and with unusually long maturities.
Tourism on Autopilot: Greece Pays the Price for the Absence of a National Spatial Plan
In some areas, the capacity to accommodate tourists has been exceeded for years, yet new developments continue to appear.
Greece Tightens Rules for Egg Donors, Aligns with Global Bioethics Standards
Officials stressed that the new rules will not place any financial burden on the state budget.
Athens Stock Exchange Hits Highest Levels Since 2010 with 44.7% Surge in 2025
The surge has been fueled by persistent investor demand, underpinned by expectations of positive corporate developments and resilient economic indicators.
Greece Tightens Drinking Water Rules with Mandatory Risk Checks on Domestic Networks
Monitoring procedures are also being overhauled, with more regular sampling and testing for substances identified on the European Union’s watch lists.
Scandals and Stalled Reforms Undermine Greece’s Ruling Party
The long-promised civil service evaluation system has yet to be implemented.
Soaring Retail Rents Redraw Greece’s Shopping Map
In Athens, Ermou Street—Greece’s most expensive retail strip—commands rents of up to €300 per square meter.
Greek PM Mitsotakis Seeks Reset Amid Scandals and Internal Party Tensions
The rushed vote was widely seen as an effort to manage internal dissent over the fate of one of two ministers under scrutiny.
Greek Households Grapple with Deepening Economic Anxiety as Consumer Confidence Falls Further
Nearly six in ten people say they are merely getting by, and around 10% of households are relying on their savings to cover essential needs.
Greece Maintains Status as Global Shipping Superpower with 5,691 Vessels
The report highlights that Greek shipping has seen remarkable growth over the past decade, increasing its transport capacity by 42% since 2015.
Mitsotakis Moves to Block Criminal Probe as Corruption Allegations Mount
A tense and pivotal day is unfolding today in Greek politics, as Parliament heads into a high-stakes vote on whether to establish a preliminary inquiry committee into the OPEKEPE scandal — a case centered on allegations of widespread misuse of EU agricultural subsidies.
Greek Government Pushes Controversial Labor Bill
The Greek Ministry of Labor is preparing to introduce a sweeping labor reform bill that could significantly alter the landscape of working conditions in the country.