#GREECE
A Two-Speed Greece: Regional Inequality Widens Despite Economic Growth
Greece is experiencing a growing divide within its borders, as economic development continues to benefit some regions while leaving others increasingly behind.
Public Tender Announced for Geiger Counters by Greece’s General State Chemistry Laboratory
Public Tender Announced for Geiger Counters by Greece’s General State Chemistry Laboratory.
Tempi Crash Probe Nears End, but What Sparked the Fireball?
Two years after a deadly train crash in Tempi, Greece, which killed 57 people, investigators are still trying to understand what caused the explosion and fireball that followed the collision.
Greece to Offer Tax Fine Discounts Starting October - Here's Who Benefits
This allows them to disclose undeclared income or assets without entering into a formal dispute process.
MyCoast App Returns for 2025, Empowering Citizens to Monitor and Report Beach Violations
Available to the public free of charge, MyCoast provides detailed data on beach concessions.
Greece to Launch Mandatory Digital Vehicle Customer Registry from July 1
Starting July 1, 2025, Greece will make it mandatory for all vehicle-related businesses to use a Digital Vehicle Customer Registry.
Middle East Crisis Creates Economic Uncertainty for Greece
As tensions escalate in the Middle East and fears of a broader military confrontation grow, the geopolitical volatility is beginning to strain the economic systems of smaller and more vulnerable nation.
Mareva Grabowski - Mitsotakis Calls for Reunification of Parthenon Sculptures
Drawing on her long-standing involvement in cultural heritage advocacy, Grabowski-Mitsotakis emphasized the significance of the moment.
Cyprus Supreme Court Confirms Fine in Case Tied to Greek Bond Crisis
Cyprus’s Supreme Constitutional Court has upheld a €50,000 fine against the provident fund of the former Cyprus Popular Bank, bringing long-awaited closure to a case rooted in the fallout of the Eurozone debt crisis.
How Greece’s Property Transfer Costs Compare Across Europe
For prospective property buyers looking at Europe, Greece sits comfortably around the continent’s average in terms of property transfer costs.
Subsidies Shake Up Greece’s Leisure Boat Market
Greece’s leisure boat market is experiencing significant distortions.
Three in Four Greek Businesses Owe Tax in Latest Filings
In Greece, nearly three out of four corporate tax returns filed so far this year have resulted in businesses owing money to the state—underscoring longstanding issues within the country’s corporate tax base.
EU Audit Slams Greece's Forest Fire Prevention Spending as Ineffective and Outdated
A new report from the European Court of Auditors has raised serious concerns about how Greece and other EU countries are spending European funds meant to prevent forest fires.
Greece Lags Far Behind EU in Collective Bargaining Coverage
Τhe European Central Bank (ECB) has published its latest Wage Tracker for the Eurozone, providing insight into wage developments based on collective labor agreements (CLAs) valid through mid-May 2025. The headline finding is a notable cooling in the pace of wage increases across the region.
From Chat Boxes to Cannabis Scripts: Greece’s Troubling Shortcut in Medical Prescriptions
A recent investigation by the Greek news outlet Inside Story has raised serious concerns about the lax regulations surrounding medical cannabis prescriptions in Greece.
Greece Faces Hard Truths on Its External Imbalances - Recovery Plan No Silver Bullet, Says IMF
Despite substantial EU-backed investment under Greece’s National Recovery and Resilience Plan, deep external imbalances continue to challenge the country’s economic stability, warns a new IMF report.
Cyprus Publishes Detailed AML Report for 2024 - Greece Hasn’t Released One in Six Years
Greece’s Anti-Money Laundering Authority has failed to publish a single annual report for the past six years - despite a legal obligation to do so - raising serious concerns about transparency and the country’s commitment to combating financial crime, especially as neighboring Cyprus sets a markedly different example.
Greek Tourism Sees Rise in Visitors but Faces Revenue Challenges
At the same time, Greece faces intensified competition from nearby destinations such as Turkey and Egypt
One in Five Greeks Fails to Pay Taxes on Time, Despite Overall Compliance Holding Steady
Between January and April 2025, timely tax payments in Greece reached €10.99 billion.
Greece Mandates Disaster Insurance for Large Businesses Amid Climate Risks
The law applies broadly to businesses across all sectors, provided they meet the revenue threshold.
Greece Launches Secure System for Monitoring Illicit Financial Activity
Greece has unveiled a new digital platform designed to strengthen its fight against money laundering and terrorism financing. Developed by the Ministries of National Economy and Finance and Digital Governance, the platform will securely collect and analyze statistical data on financial crimes, enabling coordinated action among national authorities while protecting sensitive information.
Is Greece About to Repeat Its Energy Mistakes? The Risk Behind Rushed Storage Subsidies
The government faces a pivotal choice: invest wisely in tomorrow’s technologies or lock in yesterday’s solutions at great public expense.
Convicted Ex-Folli Follie Boss Stirs Controversy with Business Comeback
Less than two months after his release from prison, George Koutsolioutsos, the former CEO at the heart of the Folli Follie financial scandal, has stirred controversy by founding a new company with a provocative name—raising questions about his return to the business world while his appeal is still pending.
LEGO Establishes Direct Presence in Greece with New Subsidiary
LEGO, the renowned Danish multinational toy company, is expanding its operations in Greece with the launch of a new subsidiary, LEGO Hellas Single-Member S.A.
Christian Hadjiminas Raises €172.6 Million from Theon Share Sales in Just 84 Days
The first sale took place on March 12, 2025, when Hadjiminas raised €56.6 million by selling 3.2 million shares of Theon at €17.70 each.
GEK TERNA and GMR Group Deepen Strategic Partnership with New Venture in Crete
The strategic alliance between Indian infrastructure giant GMR Group and Greece’s GEK TERNA has entered a new phase with the establishment of GMR Airports Greece Single Member S.A..
Urban Gambling on the Rise as Greece Eyes New Casino Hubs
In recent years, Greece has experienced a sharp rise in gambling activity, both online and in physical venues.
Greek Government Mediates Basketball League Restart Amid Fierce Rivalry
Greece’s top basketball league will resume after a brief suspension, following government-led mediation between archrivals Panathinaikos and Olympiacos.
Greece’s Reform Plan Sets Positive Course, Says European Commission
Favorable assessment of Greece’s updated Medium-Term Fiscal and Structural Plan for 2025–2028.
Euroxx Initiates Coverage on Alter Ego Media with Strong Growth Outlook
Alter Ego Media, a prominent player in Greece’s media landscape, operates through the widely recognized MEGA television brand and maintains a strong presence in publishing.
UAE Tycoon Expands into Greece with New Data Center Company
Arab billionaire Hussain Sajwani, founder of the Damac Group, has launched a new company in Greece called Velora Data Centre S.A..