#GREECE
A Greek Bank’s Bold Answer to Europe’s Demographic Challenge
Greece has long faced population decline, especially in its remote and border regions.
Athens Gears Up for Major International Defense and Security Showcase: DEFEA 2025
This year’s edition of DEFEA confirms its growing international stature, with 436 exhibitors from 37 countries, 18 national pavilions, and 98 official delegations from 45 nations.
Attica’s Water Supply at Risk, Warns Greece’s Main Water Utility
As concerns over water scarcity grow, especially in light of increasing drought frequency and climate pressure, EYDAP’s CEO, Haris Sachinis, presented a broader plan to address water security for Attica.
Greece’s Fiscal Strategy Faces Questions Over Tax Windfall and Investment Optimism
One of the most striking claims is that anti-tax evasion reforms implemented in 2024 will lead to a permanent increase in annual tax revenues of over €2 billion.
Greece Climbs in European Travel Rankings Despite Changing Tourist Trends
European travelers are showing a growing appetite for new destinations and less crowded periods, influenced by broader economic and geopolitical uncertainty.
EU Lawmakers Urge Greek PM to Crack Down on Tanker Sales to Russia’s Shadow Fleet
The lawmakers are calling on the Greek government to tighten controls over the sale of ships to third countries, prevent further transfers to suspicious entities, and maintain efforts to restrict ship-to-ship transfers of Russian oil in Greek waters.
Construction Costs in Greece Keep Climbing, Despite Signs of Slowing
One exception to the inflationary trend was diesel fuel, which dropped by 7.3% year-on-year, offering a rare reprieve amid otherwise rising costs.
Greece Targets Struggling Regions with New Investment Incentives
Tourism projects in areas affected by natural disasters will also be eligible for support.
Patient Catches Fire During Surgery at Greek Hospital
The fire reportedly broke out near the end of the procedure due to a suspected malfunction in a piece of electrosurgical equipment known as a diathermy unit—commonly used to cauterize blood vessels during surgery.
Greek Households Spend More Than They Earn as Savings Rate Dips
Greece’s household savings rate dropped deeper into negative territory, falling to -4.1% from -1.1% in Q4 2023.
Tsipras Warns: Progressive Forces Must Unite Against Rising Far Right
Tsipras cautions that if democracies begin to accept the dominance of the strong in international relations, they risk legitimizing the same principle at home.
Mitsotakis Commits to Full Term, Eyes Third Mandate for New Democracy
Greek Prime Minister Kyriakos Mitsotakis has reaffirmed his commitment to completing a full four-year term in office and leading the center-right New Democracy party into the next national elections.
Young Greek Entrepreneurs Showcase Innovation on a Global Stage
Each team showcased their products at specially designed booths, offering visitors a glimpse into the creativity and determination of Greece’s next generation of entrepreneurs.
IMF: Greece Among Global Leaders in Debt Reduction
Greece is emerging as a fiscal success story in the eyes of the International Monetary Fund, which projects strong public finance performance and significant debt reduction in the years ahead.
Greek Property Owners Await PM’s Tax Reforms Amid Housing Crisis
As Greece grapples with an escalating housing crisis, property owners are turning their attention to the Thessaloniki International Fair (TIF), where Prime Minister Kyriakos Mitsotakis is expected to unveil key tax policy announcements.
Predator Spyware, Intellexa, and the Greek Surveillance Scandal Head Back to Court
The trial over the illegal use of Predator spyware in Greece, one of the country’s most significant surveillance scandals in recent history, is set to resume on April 23 at the Athens Single-Member Misdemeanor Court.
How Greece’s Rent Rebate Could Raise Rents
The policy, introduced by Prime Minister Kyriakos Mitsotakis, promises annual rebates of up to €800 to qualifying tenants.
Council of State Deems Tax Circular on Airbnb Rentals Unlawful, Refers Case to Plenary Session
Greece’s top administrative court has ruled that a recent tax measure targeting Airbnb-style rentals is legally flawed, casting doubt over how such income should be taxed in the country.
IMF: Greek Economy on Steady Growth Path Through 2026 Despite Global Headwinds
The IMF expects the deficit to reach –6.9% of GDP in 2024, improving modestly to –6.5% in 2025 and –5.9% in 2026.
Greece Sees Modest Rise in Travel Revenues Amid Shifting Visitor Trends
Greece recorded a slight increase in travel revenues this February, according to provisional data released by the Bank of Greece.
Pontiff’s Passing Highlights Vatican’s Economic Fragility
Now, with the pontiff’s passing, the future of this initiative is uncertain.
Greece Courts Investors at IMF-World Bank Meetings Amid Global Market Jitters
Athens seeks to position itself as a stable and attractive investment destination in a region of growing geopolitical importance.
Ecumenical Patriarch Bartholomew on the Passing of Pope Francis: "A True Friend of Orthodoxy and Humanity"
Bartholomew highlighted the late Pope’s humility, compassion for the marginalized, and consistent witness to Gospel values.
Over 2,000 Military-Owned Properties Set for Development
Greece is preparing to unlock the potential of over 2,000 properties owned by its Armed Forces as part of a sweeping initiative aimed at modernizing military infrastructure and generating revenue.
Early Bookings and Busy Easter Hint at Promising Summer for Greek Tourism
Easter in Greece served as a soft launch for the upcoming tourist season, offering an early glimpse into what the summer might hold for the country’s vital tourism industry.
China-Greece Travel Ties Strengthen as Direct Flights Expand This Summer
After nearly three years of limitations that lasted until 2023, Chinese outbound tourism made a strong comeback in 2024, signaling the country’s re-entry into international travel markets.
Boom in Listings Pressures Occupancy Rates in Greek Short-Term Rentals
New data from analytics firm AirDNA reveals that occupancy rates for rentals listed on platforms like Airbnb fell to 45% in March 2025, down from 49% during the same month last year.
Greek Easter: A Journey Through Faith, Fire, and Tradition
Greek Easter is not just a religious holiday—it’s an experience.
Greece’s Hotel Market Booms as Global Chains Expand Footprint
Greece is rapidly becoming a hotspot for international hotel brands, as global hospitality giants expand their presence in one of Europe’s most popular tourist destinations.
Greece’s Tax Revenues Grows - So Does Inequality
Questions about who truly benefits from the country’s economic progress.