#GREECE
Tax Gaps Persist as Greece Targets Higher Compliance by 2029
Greece’s tax administration faces a significant distance to cover by 2029 if it is to meet its ambitious targets for improving tax compliance, with the latest data revealing a picture of both progress and persistent gaps.
Greece’s Housing Boom Continues, Pushing Prices Higher Across Major Cities
Compared with the first quarter of 2025, the average asking sale price for residential properties in Greece increased by 7.9%, while the average asking rental price rose by 4.2% nationwide.
Predator Scandal Haunts Mitsotakis as Greek Parliament Reignites Wiretapping Row
Under pressure over new allegations tied to the Predator spyware affair, Mitsotakis declined to offer substantive answers on the latest developments.
Greece Most Dependent in the EU on Gulf Energy Imports
Between 2023 and 2025, Greece imported an average of €19 billion, equivalent to about $20.5 billion.
Greece Emerges as Europe’s New Hotspot for Branded Luxury Residences
Greece now ranks among Europe’s five fastest-growing markets for branded residences homes attached to luxury hospitality or lifestyle brands.
Greek Growth Seen Slowing if Energy Crisis Deepens, Think Tank Warns
The Foundation for Economic and Industrial Research said Greece’s gross domestic product would expand by 1.4% in 2026.
Greece Bets on High-Risk Offshore Gas Hunt in Ionian Sea
The target, known as Asopos 1, lies in Block 2 off northwestern Greece and is estimated to contain up to 270 billion cubic meters of natural gas.
Fairfax’s Prem Watsa Hails Greece Bets as Firm’s Best-Ever Investments
Fairfax posted record net earnings of $4.8 billion in 2025, capping what Watsa described as a transformative period for the insurer and investment group.
Greece Emerges as Europe’s New Hotspot for Branded Luxury Residences
Greece now ranks among Europe’s five fastest-growing markets for branded residences—homes attached to luxury hospitality or lifestyle brands.
Greece Eyes New Aid Measures if Hormuz Crisis Deepens, Minister Says
Speaking from the headquarters of the International Monetary Fund in Washington, Pierrakakis downplayed the IMF’s revised forecast for Greek economic growth.
Pierrakakis Warns Energy Crisis Duration Will Shape Europe’s Economic Outlook
Pierrakakis said the European economic outlook is deteriorating, with growth forecasts being revised downward and inflation expectations moving higher.
Scandals Are Engulfing Greece’s Government as Pressure Mounts on Prime Minister Mitsotakis
At the center of the turmoil is a mounting sense that Mitsotakis has become politically captive to events.
Greek Government Backs Deputy Minister Amid Degree Row
Lazaridis has denied wrongdoing and insisted he was lawfully appointed under the looser rules governing political hires at the time.
Greece Unveils Sweeping Cannabis Market Overhaul During Easter Holiday Weekend
Critics say the timing of the announcement suggests an attempt to avoid public debate over reforms with major implications.
Greece Eyes Autumn Elections as Mitsotakis Rules Out Early Summer Vote
According to information, there is a widespread belief that the administration will not complete its four-year mandate.
Greece’s External Debt Position Remains a Weak Spot Despite Economic Growth
At the end of 2025, Greece owed foreign investors and lenders far more than Greek investors owned abroad.
Poll Shows Declining Support for Greece’s Government Amid Rising Public Dissatisfaction
According to the poll, New Democracy stands at 23.8%, down from 25.1% in March, returning to levels seen before the outbreak of the war that had temporarily boosted government support.
Greek Scandal Fallout Drives Mitsotakis to Propose Minister-MP Ban
Mitsotakis framed the proposal as part of a broader effort to modernize Greece’s political system and tackle what he described as entrenched state dysfunction.
Greek Industry Says Energy Cost Measures Fall Short
Industry representatives argue that the main problem remains the price of industrial electricity, and most of the announced measures do not directly reduce that cost.
New Greek Rules Reshape Military Service Deferments for Overseas Residents
The new framework focuses primarily on proving and maintaining permanent resident abroad status, which is the key requirement for receiving a military service deferment.
How Much Support Can the Greek Budget Afford Amid the Middle East Crisis
The first measures announced to address the initial impact of the crisis, mainly related to fuel prices, are estimated to cost around €300 million.
Stelios Foundation Donation to Boost Pay for Greek Island Doctors
The funds will come entirely from the private donation and will not affect the state budget.
Audit Flags Major Issues in Long-Delayed Accounts of Greek Steel Company
The auditor also pointed to significant accounting issues that materially affected the financial statements.
Allwyn to Renovate Greece’s Metaxa Cancer Hospital Under New Public–Private Partnership
The initiative is part of Allwyn Care, the company’s new long-term social responsibility program focused on healthcare, which the company describes as a central pillar of its corporate social strategy.
Former Greek PM Samaras Confronts Mitsotakis in Parliament Over Predator Spyware Scandal
He referred to ongoing scandals, including the OPEKEPE agricultural subsidy investigation and the wiretapping affair that has dominated Greek politics in recent years.
Natural Gas Dependence Leaves Greece Exposed to Global Energy Shocks
Greece’s heavy reliance on natural gas for electricity generation is making the country increasingly vulnerable to global energy crises, particularly at a time when geopolitical tensions in the Middle East are threatening to disrupt the global energy market.
EU Subsidy Investigation Shakes Greek Government
The first two case files related to the OPEKEPE investigation are expected to be formally forwarded to the Greek Parliament on April 3, 2026.
Inflation Erases Greece’s Latest Minimum Wage Boost
One of the main pressures on Greek households is food inflation.
Greek Government Rejects Intellexa Founder’s Claims as Predator Scandal Reignites
The government spokesperson was also asked about references in the court ruling to possible espionage and calls for further investigation.
United Group Expands Greek Presence with Formation of New Company
The new entity is a wholly owned subsidiary of United Group Luxembourg S.à r.l., which is headquartered in Luxembourg and acts as the sole shareholder, fully covering the company’s initial share capital.
Athens Stock Exchange Set to Rebrand as Euronext Athens Holding
On February 26, ATHEX had already established a new company in Greece under the name Euronext Athens Single-Member S.A.