#GREECE
Greece Fast-Tracks Tax Residency as Global Investors and Expats Flock In
Beginning in June, registering as a tax resident and obtaining a Greek tax identification number (AFM) will take just a few days, replacing a process that currently drags on for months.
Greece’s Business Licensing Platform Missing Key Controls
While the platform is fully operational for licensing procedures, the mechanisms for supervision and enforcement were left out of the initial rollout.
Greek Exporters on Edge as Trump’s Tariff Plans Threaten Key Food and Beverage Sectors
Greece is watching with growing concern as the Trump administration moves forward with plans to impose new tariffs on European goods, a development that could have serious implications for one of the country’s most successful export sectors—food and beverages.
Mitsotakis Nears Record Low, Poll Show
A new nationwide poll conducted by Public Issue in March 2025 paints a bleak picture of Greece’s political landscape.
Piraeus Port Authority Takes Tax Dispute to Court
According to the tax authority, the company owed an additional €5.23 million in income taxes.
National Bank of Greece Offloads Probank Leasing to Arena-Backed Fund
Arena Investors, the U.S.-based asset management firm headquartered in Florida, has acquired Greek financial leasing company Probank Leasing, marking another significant step in the restructuring of Greece’s non-performing asset landscape.
Greece Extends Deadline for Parnitha Casino Relocation to 2028
The Greek government has approved a three-year extension for the relocation of the Mont Parnes Casino from its current location in the Parnitha National Park to a new site in Marousi, a northern suburb of Athens.
Draft Bill Enables Greek Banks to Carry Forward Tax Losses After Mergers
Greece is rolling out a new tax regime aimed at making bank mergers more financially attractive and strategically viable.
Super Puma Arms Deal Trial Underway – Spotlight on KESTREL Executives Tsatsos and Komnopoulos
A long-awaited corruption trial is underway in Athens, shedding light on one of Greece’s most notorious defense procurement scandals involving the purchase of Super Puma helicopters.
How the Surge in Electronic Payments Boosted Greece’s Public Revenues
Greece saw a notable boost in public revenues in 2024, thanks to a rapid rise in electronic payments and a sweeping digital overhaul of how businesses issue receipts and report income.
Intralot Reaches $5 Million Settlement in Washington, D.C.
Greek gaming technology company Intralot has reached a $5 million settlement through its U.S. subsidiary, Intralot, Inc., with the Office of the Attorney General for the District of Columbia.
Greek Families Face Soaring Costs for Private Tutoring, Exposing Deep Inequalities
Urban households spend significantly more than rural ones, and wealthier families have far greater access to tutoring services.
Bread Prices Rise as Greek Bakers Buckle Under Soaring Costs
Two years of steadily rising energy bills and grain prices have pushed local bakeries to a tipping point. Industry professionals warn that the price of bread is about to rise again, as the cost of doing business becomes increasingly unbearable.
What Greek Workers Are Looking For: A New Survey Reveals Shifting Priorities in the Modern Workplace
The survey, which gathered responses from 1,053 people aged 18 to 65, reveals a workforce that is more self-assured and selective than in the past.
Greece’s Road to Recovery: Investment Alone Won’t Rebuild a Fragile Economy
The report outlines two projections for how long it might take Greece to return to its pre-crisis capital stock levels
New Greek Defense Spending Plan Raises Questions About Domestic Industry Inclusion
At the heart of this renewed focus is Defense Minister Nikos Dendias’ push to strengthen domestic production and elevate the role of Greek companies in national defense procurement.
Greece Moves to Tighten Oversight on Foreign Investments Amid Security Concerns
Greece has unveiled plans to bolster its oversight of foreign investments, with the government introducing a bill aimed at aligning the country with European Union regulations and safeguarding national security interests.
EU Auditors: Greece Falling Short on Labour Reforms Under Recovery Plan
Greece is failing to make meaningful use of the European Union’s Recovery and Resilience Facility (RRF) to implement substantial labour market reforms, according to a report released by the European Court of Auditors (ECA).
Greek Hotel Industry Posts €11.5 Billion in Revenues for 2024, Marking Strong Growth and Economic Impact
The total direct and indirect contribution of the hotel sector to Greece’s economy reached €17.8 billion in 2024, accounting for 5.9% of the country’s GDP - a notable increase from 4.8% the previous year.
Sokratis Famellos Calls for Progressive Front to Oust Mitsotakis
In an exclusive interview with Dnews.gr, Sokratis Famellos, leader of Greece’s main opposition party SYRIZA–Progressive Alliance, sets out an urgent call for unity among the country’s progressive forces.
Why Greece’s Plan to Track Down Wealthy Debtors Abroad May Be More Wishful Thinking Than Reality
The plan seems to underestimate the complexity of international law, tax confidentiality, and cross-border asset ownership.
Greece Charts a Decade-Long Energy Transformation Plan Through 2033
Greece has announced an ambitious new roadmap to modernize and future-proof its electricity transmission infrastructure through 2033.
Soaring Beyond the Bar: How Emmanouil Karalis is Turning Athletic Triumph into Business
Greek pole vault sensation Emmanouil Karalis is defying gravity—and not just on the track.
Europe Faces Explosive Public Spending Pressures – Greece in the Spotlight
Classified as part of «advanced Europe» in the report, Greece is singled out largely due to its high levels of public debt and the disproportionately large share of its budget devoted to pensions and healthcare.
Inside Story Exposes Fragile Foundation of Greek Government’s Bot Allegations Over Tempi Protests
The theory on Tempi - which gained traction in local media and was even repeated in Parliament by Prime Minister Kyriakos Mitsotakis - now appears to rest on a single, highly dubious source.
Greece’s Apartment Prices Rise by 8.7% in 2024, New-Builds Lead with 10.1% Increase
Apartment prices in Greece rose by an average of 8.7% in 2024, according to preliminary data from the Bank of Greece.
Operational Challenges Threaten the Effectiveness of the EU’s Anti-Money Laundering Authority
The European Anti-Money Laundering Authority (AMLA), the EU’s newly created agency to combat financial crime, is already facing serious governance and operational challenges, raising concerns about its ability to function effectively. Sources speaking to Dnews pointed to transparency issues in leadership selection, procedural inefficiencies, and logistical difficulties that could hinder AMLA from fulfilling its ambitious mandate.
Greece’s Political Landscape Shifts as Public Backs Early, Poll Shows
A new survey by polling firm ALCO, presented on Tuesday by Greek broadcaster Alpha TV, indicates growing public dissatisfaction with Prime Minister Kyriakos Mitsotakis’ government.
Santorini Set for a Strong Comeback as Tourist Season Approaches
Santorini, one of the world’s most sought-after travel destinations, is preparing for a strong and dynamic tourist season as it steadily recovers from recent seismic activity.
Athens Stock Exchange Shutdown Reveals Operational Failures and Government Confusion
A technical failure at the Athens Stock Exchange (ATHEX) on Monday led to a complete suspension of trading, exposing severe deficiencies in crisis management and operational preparedness.
Who Profits from Greece’s Defense Spending? Not Greek Industry, Says Evangelos Mytilineos
Greece’s defense procurement strategy has come under sharp criticism from Evangelos Mytilineos, head of the Metlen Group, who argues that the government has failed to include domestic industries in key military contracts.