#GREECE
DRS Hellas to Implement Greece’s First Nationwide Deposit Return Scheme
A group of leading Greek and multinational beverage companies has joined forces to establish DRS Hellas SA, a new corporation that will design, implement, and operate Greece’s national deposit return and recycling system for beverage containers.
Europe Pays More for Water to Avoid Thirst in the Future – Greece on the Brink of Crisis
By 2030, Europe aims to enter what policymakers describe as a “smart water era,” in which prices reflect the full cost of the resource — from maintaining infrastructure and protecting sources to mitigating environmental impact and ensuring resilience against drought.
Greece’s 2026 Budget Paradox: Rising VAT Revenues Amid Slowing Inflation and Weak Consumption
Greece’s draft budget for 2026 reveals an apparent paradox: the government expects a notable increase in revenues from Value Added Tax (VAT) even as both inflation and private consumption are projected to slow.
Hellenic Competition Commission Set to Rule on Allwyn’s Novibet Acquisition in Early 2026
The Hellenic Competition Commission is expected to issue its final decision in early January 2026 regarding the second phase of its investigation into the merger between Allwyn and Logflex MT Holding Ltd, the parent company of Novibet.
Euronext Prospectus for ATHEX Takeover Omits Key Cost Details
Despite the detailed presentation in Euronext’s prospectus for its public offer to acquire the Hellenic Exchanges–Athens Stock Exchange (ATHEX), one crucial piece of information is missing: the total cost of the transaction.
Reorganization at Greece’s Tax Authority Highlights Strategic Focus on Auditing and Compliance
The Independent Authority for Public Revenue (AADE), Greece’s tax administration body, has announced a sweeping reorganization of its internal structure and staffing framework, establishing a total of 15,502 permanent positions.
Donations and Parental Gifts Double in Greece Amid Drop in Inheritances
Greek taxpayers are increasingly choosing to transfer property while still alive rather than passing it on through inheritance, according to new data from the country’s Independent Authority for Public Revenue (AADE).
IMF Redefines State Fragility - Greece Caught Between Stability and Vulnerability
According to the report, fragility is not merely the result of poverty, political instability, or conflict.
Alpha Bank Faces Renewed Tensions with Employees’ Union over Performance Reviews
Tensions have resurfaced between Alpha Bank’s management and its Employees’ Union following a dispute over performance evaluation letters sent to staff covering the years 2022, 2023, and 2024.
Euronext’s Prospectus for Athens Exchange Bid Seen as Pressure Tactic on Minority Shareholders
The Euronext Group is expected to publish today, Monday, the prospectus for its public offer to acquire the Athens Exchange (ATHEX).
Greece Among Europe’s Costliest Property Markets
Comparisons with countries known for their low fees, make Greece look even less competitive.
Laura Kövesi Signals New Era in Greece’s Battle Against Corruption
Although Laura Kövesi acknowledged that corruption is not unique to Greece, government-friendly outlets highlighted that remark to downplay her harsher comments.
Greece’s Public Arrears Climb to €111.8 Billion, Driven by Big Debtors and Unrecoverable Liabilities
In July, more than four million taxpayers owed money to the state, an increase of 172,000 from the previous year.
How Greece’s Plastics Pioneer Collapsed - and Why Its Name Might Return
This autumn, Giorgos Petzetakis signaled his intent to make a comeback. On September 30, he filed an application with Greece’s Ministry of Development to register the “PETZETAKIS” trademark.
39 MEPs Sound Alarm on EU Money Flowing to Surveillance Companies
The letter calls on the Commission to explain how it vets companies before awarding them financial support.
Mitsotakis Warns Europe Not to Forget Southern Borders in Security Debate
European leaders met in Copenhagen this week for an informal summit dominated by defense and Ukraine, as the war drags into its fourth year and pressure grows on Europe to step up.
Greece Introduces Annual Index to Curb Health Insurance Premium Hikes
The Greek government has introduced a new mechanism designed to bring greater transparency and predictability to the private health insurance market.
ILO Report Finds Greece Among Europe’s Most Unequal Economies
Greece, though classified as a high-income country, continues to grapple with profound economic and social inequalities, according to the International Labour Organization’s latest Social Justice Outlook.
Greece Highlights Europe’s Pension Pressures Amid Rapid Aging
Europe’s demographic time bomb is ticking faster than ever, with the number of working-age people shrinking in relation to the elderly population.
Greek Rent Subsidy Backfires, Driving Up Student Housing Costs
What was intended as relief for tenants has instead added fuel to Greece’s housing crisis.
Poll Shows Majority of Greeks Dissatisfied With Mitsotakis and His Government
A new opinion poll in Greece points to mounting discontent with both Prime Minister Kyriakos Mitsotakis and his government, suggesting that recent efforts to reset the political agenda have fallen flat.
Master Plan for Piraeus Port Faces Constitutional Test at Council of State
The constitutionality of the Piraeus Port master plan will come under scrutiny this Wednesday at Greece’s Council of State, the country’s highest administrative court.
Alpha Bank London Targets Diaspora and SMEs in Tech-Driven Overhaul
Alpha Bank London, the UK subsidiary of Greece’s Alpha Bank, is in the midst of a transformation aimed at repositioning itself as a “community-based, digital retail bank”.
Greek Voters See Corruption and Ineffectiveness at Heart of Government, Survey Finds
Public opinion in Greece is turning sharply against the government, according to a new Alco poll for Alpha TV released on Monday.
Qualco Group Weighs New Investments as Past Bets Show Mixed Outcomes
Qualco Group’s management has told analysts on Monday that both capital expenditures and cash reserves are expected to remain steady in the second half of 2025, at similar levels to those recorded in the first six months of the year.
Defence Readiness Roadmap 2030: Europe’s New Strategy and the Stakes for Greece
The European Union is preparing to enter a new era of defence preparedness.
Unpaid Loans and Endless Refinancing: The Hidden Finances of Greece’s Political Class
The latest round of asset declarations by Greek politicians, published on Monday, once again exposed a recurring pattern: many elected officials continue to carry large, long-standing debts, often with sizeable unpaid balances that in several cases have been refinanced multiple times.
Labor’s Share of Greece’s GDP Shrinks to 35% in 2024, Down from 39% in 2019
Despite government promises of "growth for all", the reality is that labor is steadily losing ground to profits and operating surpluses.
Greece Faces Risk of Losing EU Farm Subsidy Payments Amid OPEKEPE Turmoil
Greece’s current proposal fails to address serious deficiencies and does not comply with EU law.
Europe’s Energy Integration Could Slash Greek Power Bills by Nearly a Quarter
Greece consistently ranks among those with the most expensive electricity in Europe.
Greece Stands Out in Europe for Heavy Reliance on Indirect Taxes
Despite imposing one of the highest standard VAT rates in Europe at 24 percent, Greece tempers the burden through reduced brackets.