#GREECE
Greece Surpasses EU Standards in Bank Deposit Protection
By the end of 2024, DGS across the EU had collectively accumulated €79 billion in available financial resources, meeting the target set by the EU's Deposit Guarantee Schemes Directive (DGSD).
Athens Faces Political Uproar Over Silence on Gaza Humanitarian Crisis
Greece has been sharply criticized for its silence.
Is Greece Poised to Use EU Regulation to Tighten Grip on Its Ports?
After years of delay, the Greek government has finally brought to Parliament a draft bill aimed at aligning the country with European Union Regulation (EU) 2019/452, which establishes a common framework for the screening of foreign direct investments (FDI) into the EU.
Old Format, New Goals: Greece, Cyprus, Israel Press U.S. for Renewed Engagement
Originally launched in 2019 in Jerusalem, the “3+1” format brought together Greece, Cyprus, Israel, and the United States to coordinate on energy and security matters.
Digital Platform Reveals Dissatisfaction with Local Governance in Greece
Developed by the Ministry of the Interior in collaboration with the Ministry of Digital Governance, the platform axiologisi.ypes.gov.gr was launched in early May with the promise of bringing transparency and citizen feedback into the heart of public administration.
Rising Wave of Bounced Checks and Unpaid Promissory Notes
Spike in Bounced Checks and Unpaid Notes Signals Deepening Liquidity Strain in Greek Business Sector.
Post-Tempi Tragedy, Greece and Italy Move to Reform Troubled Train Deal
Greece and Italy Reset Railway Deal After Years of Stagnation - €810 Million in New Investments Aimed at 2027 Modernization.
Greece Eyes Tax Cuts in 2026 as Revenues Surpass Expectations
Greece plans sweeping tax cuts in 2026, fueled by stronger-than-expected revenues and a growing budget surplus.
Greece Eases Offshore Rules for Politicians’ Relatives, Sparking Transparency Concerns
A recent amendment to Greece’s asset declaration law has triggered a political storm, with opposition parties accusing the government of weakening crucial safeguards against corruption and conflicts of interest.
From Crete to Brussels: Greece Hosts New EU Cybersecurity Tool
The European Commission has launched the European Vulnerability Database (EUVD), a central online platform designed to enhance the cybersecurity of digital infrastructures across the European Union.
Young Greek Firms Show Promise, But Barriers Hold Them Back
The International Monetary Fund (IMF) has flagged significant challenges to boosting productivity in Greece, despite more than a decade of structural reforms following the country’s 2010 debt crisis.
Controversial Promotion of Ex-Intelligence Prosecutor Raises Alarms Over Rule of Law in Greece
Vasiliki Vlachou, the former judicial supervisor of Greece’s intelligence agency during a period of mass surveillance, has been promoted to Deputy Prosecutor of the Supreme Court—despite her central role in a still-unfolding wiretapping scandal that targeted politicians, ministers, military officials, and journalists, raising urgent questions about democratic accountability and judicial independence.
Greece’s Tax Authority Sets Ambitious 2025 Goals with Focus on Revenue Collection and Digital Oversight
Greece’s Independent Authority for Public Revenue (AADE) has rolled out an ambitious 2025 plan focused on ramping up tax collections, accelerating refunds, and expanding audits—with digital enforcement and international cooperation at the core of a sweeping effort to modernize the country’s tax administration.
Young Greeks Voice Concerns Over Jobs, Cost of Living in New Survey
A new survey by Metron Analysis for Eurobank paints a nuanced portrait of Greece’s 19- to 35-year-olds, revealing a generation torn between resilience and frustration as they navigate financial insecurity, delayed independence, and the persistent allure of emigration in search of a better future.
PASOK to Pursue Felony Charges Against Ex-Minister in Tempi Tragedy
The political temperature is rising in Greece as the country moves closer to a possible parliamentary investigation into former Transport Minister Kostas Karamanlis, over the tragic train collision in Tempi that killed 57 people.
Greece Mandates University Security Plans and Toughens Student Conduct Rules
The Greek government has announced a sweeping new set of policies aimed at improving safety and accountability within the country’s public universities.
Greece’s Ambitious Push for Domestic Role in €28 Billion Defense Plan Faces Structural Hurdles
Greece is attempting to transform its defense industrial base within just twelve years.
Chevron Reaffirms Strategic Interest in Greek Hydrocarbons
Chevron has reaffirmed its growing strategic interest in Greece’s hydrocarbon potential, as Greek Minister of Environment and Energy Stavros Papastavrou met with senior executives from the U.S. energy giant at the company’s headquarters in Houston last Thursday.
Ultra-Luxury Yacht Cruises Emerge as Greece’s New Tourism Trend
A new and exclusive form of maritime tourism is rapidly gaining traction worldwide—and now, it’s setting sail in Greece
Greece Faces Nearly Two-Year Wait for New Medicines Amid Systemic Delays
Access is especially inconsistent when it comes to advanced therapy medicinal products (ATMPs), which often require specialized handling and delivery systems.
Four Greek Banks, Four Distinct Strategies: How Revenue Models Are Shifting in 2025
The variations in net interest income and fee-based revenues offer insight into how each institution is navigating both domestic and international pressures.
Greece and Egypt Defuse Tensions Over Historic Sinai Monastery
Despite the seriousness of the threat, the issue received little public attention and was initially mishandled diplomatically.
Greece Races to Revise EU Recovery Plan Amid Risk of Losing Billions
The challenge stems from a set of 258 milestones—ranging from digital upgrades to infrastructure reforms—that Greece must fulfill to unlock future tranches.
Greece’s Housing Program Triggers New Property Price Surge
Greece’s recently relaunched housing initiative, “My Home 2,” has sparked a fresh wave of property price increases across the country, just weeks into 2025.
Wildfires in Greece Spread Beyond Traditional Season
Greece is witnessing a troubling transformation in its wildfire patterns.
Athenian Hotels See Strong Start to 2025 with Rising Occupancy and Revenue
Athens kicked off 2025 with a strong performance in its hotel sector, as new data from the Athens-Attica & Argosaronic Hotel Association shows promising growth across all key metrics in the first quarter of the year.
Final Testing Nears Completion for Crete-Attica Power Interconnection Project
Greece is moving into the final phase of one of its most ambitious energy infrastructure projects: the Crete-Attica electricity interconnection.
Greece's Water Infrastructure Nears Breaking Point
To help fund the required infrastructure, water pricing is expected to increase in certain areas.
Greece and Egypt Forge Strategic Alliance Amid Regional Tensions
Greece and Egypt have formally elevated their bilateral relationship to a strategic partnership, as Prime Minister Kyriakos Mitsotakis and President Abdel Fattah el-Sisi convened on Wednesday in Athens for the first Greece-Egypt High-Level Cooperation Council.
Metlen Begins Strategic Overhaul with Major Subsidiary Merger
Greek industrial and energy group Metlen has officially launched a sweeping reorganization of its operations, marking the beginning of a new growth phase driven by structural reforms and consolidation.
Greece Moves to Stabilize Construction Sector After Court Ruling Halts Building Bonuses
Greece’s government is preparing to introduce a critical amendment to Parliament on May 12, in an effort to stabilize its construction sector following a major legal setback.