#GREECE
Greece Moves to Align Taxation of Multinationals and Cryptocurrencies with New EU Rules
At today’s Cabinet meeting, Minister of National Economy and Finance Kyriakos Pierrakakis will present legislative proposals to incorporate EU Directives 2023/2226 and 2025/872 into Greek law.
Greece’s Economic Divide Widens as Attica Pulls Away from the Rest
Between January and June 2025, total bank deposits in the Attica region rose by €1.57 billion - a surge driven almost entirely by the Regional Unit of Athens, which alone added €1.584 billion.
The Economic Abyss of the German Occupation: How Nazi Rule Devastated Greece’s Economy
The exploitation was formalized in March 1942 through what became known as the Occupation Loan, an agreement imposed by Germany and Italy on the Greek government.
Foreign Property Owners in Greece Under Scrutiny for Undeclared Rental Income
The issue primarily concerns citizens from EU and Balkan countries who lease their properties through short-term platforms such as Airbnb or through long-term rental agreements without declaring the income to Greece’s Independent Authority for Public Revenue (AADE).
Greece Plans Wave of Property Auctions as Tax Debt Collection Intensifies
At the top of the auction list is a major property in Nea Ionia, Attica, situated at the junction of 1 Kymis and Byzantium Streets.
Greece Rises Among Europe’s Leading Pasta Producers
In terms of trade, the EU exported 2.9 million tonnes of pasta and imported 1.7 million.
Greek Poll Shows Voter Fatigue: Ruling Party Slips as 63% Want Political Change
Nearly 70% of Greeks believe the nation is heading the wrong way, and almost half (46%) say their personal financial situation has worsened over the past year. Inflation remains the top concern for 44%, followed by the broader economy (34%) and the perceived “crisis of institutions” (22%).
Hellenic Court of Audit Reveals Legal Irregularities in Public Contracts and Delayed Fiscal Reform
The most recent deadline, set for January 1, 2025, has passed without completion of the reform.
Greece’s Market Regulator Eases Rules Ahead of Euronext’s Bid for Athens Exchange
Under the revised framework, the HCMC will be able to tailor the depth of its assessment and the level of documentation required according to the size and nature of the investor and the transaction.
Greece’s Property Market at a Turning Point
Affordable housing has become one of the most pressing challenges in Greece and across Europe, with supply lagging far behind demand.
Greek Defense Minister Distances Himself from Prime Minister Over Unknown Soldier Monument Debate
In a carefully worded statement—released while the prime minister was still speaking—Dendias emphasized that the Armed Forces would not allow the monument to become a tool of political maneuvering or social division.
Greece Prioritizes Clearing Public Sector Arrears as Debts Rise Again
The ministry says the goal is to strengthen transparency, accountability and consistency in state payments.
The European Commission’s 2026 Work Programme: What It Means for Greece and the EU
The European Commission is introducing a new framework to enhance energy efficiency, expand renewable energy use, and ensure secure energy supply across the continent.
Greece’s Transport Ministry Clears Up Confusion Over the New Highway Code
The ministry also addressed claims that the new Code forbids keeping shopping bags inside the cabin.
Political Storm Erupts in Greece Over Control of the Unknown Soldier Monument
The Greek Parliament is set to debate on Tuesday an amendment concerning the protection and operation of the Monument of the Unknown Soldier in central Athens — a measure that has already sparked strong political reactions.
Tsipras Seen as Leading Voice of Greece’s Centre-Left, New Survey Finds
Prime Minister Kyriakos Mitsotakis remains the leading figure overall.
Euronext Stands Firm on Offer for Athens Exchange, Rejects Any Sweetened Bid
Euronext’s public offer for the acquisition of the Athens Exchange (ATHEX) was described by the group’s Chairman and CEO, Stéphane Boujnah, as an “attractive liquidity event” during a press briefing with journalists on Monday.
Eurostat Data Expose Greece’s Persistent Economic Lag Within Europe
Greece’s economy continued to recover in 2023, recording an increase in per capita Gross Domestic Product (GDP) to 26,400 purchasing power standards (PPS), according to newly released data from Eurostat.
Greece’s Air Connectivity to Soar in 2026 with Major Airline Investments
Across Europe, Greece will become even more accessible next year thanks to several new and expanded routes.
Greece Sees Wave of High-End Hotel Developments as Tourism Investment Surges
Developments are currently underway in some of Greece’s most popular destinations, including Crete, which attracts millions of travelers each year, as well as in up-and-coming regions that remain less familiar to international visitors, such as Parga in western Greece.
IMF Warns EU on Defense Spending as Greece Rolls Out €30 Billion Program
The remarks come at a sensitive moment for Greece, which is in the midst of an ambitious rearmament effort following years of underinvestment.
First Private Universities in Greece Near Launch After Initial Accreditations
The four private universities—authorized earlier this year under a landmark reform allowing non-state institutions to operate alongside public ones—had submitted 28 degree programs in total for accreditation, with the goal of beginning operations in the current academic year. The newly approved programs include English Philology, Psychology, Biology, Pharmacy, International Relations, and Business Administration.
Eurostat: Poverty and Social Exclusion on the Rise in Greece
Eastern Macedonia and Thrace, Central Greece, Western Greece, the Peloponnese, and the Northern Aegean — are shown in the darkest shade of blue on Eurostat’s map, highlighting the country’s deep regional divide
Retroactive Market Rules Cloud Euronext’s Bid for Greek Exchange
In Greece’s small and often fragile stock market—where investor confidence is a constant challenge—any change to the rules must be handled with care.
Former PM Karamanlis Warns Greece at Risk of Political and Institutional Breakdown
Former Greek Prime Minister Kostas Karamanlis has issued a stark warning that Greece risks a major political and institutional crisis if trust in its democratic institutions is not urgently restored.
Pierrakakis at IMF: Greece Emerges as a Model of Stability After Years of Crisis
Greece’s Minister of National Economy and Finance, Kyriakos Pierrakakis, described his country as “a success story built on the resilience of its people” during an interview in Washington, on the sidelines of the International Monetary Fund’s annual meetings.
One in Four Greek Recovery Fund Loans May Go Unused
Roughly a quarter of Greece’s Recovery and Resilience Fund loans may go unused — a shortfall that could cost the country about €4 billion in low-interest financing from the European Union
Greece Sets March 23 Start Date for Tempi Train Disaster Trial
Thirty-six defendants are charged in connection with the disaster, including railway employees, public officials, and executives from both ERGOSE—the state company responsible for railway projects—and Hellenic Train, the privatized successor of the national operator TRAINOSE.
IMF Study: Why Greece Is Strongly Affected by Global Commodity Price Swings
Analyzing data from 66 economies, IMF researchers concluded that this “interconnectedness” is the main channel through which global commodity price shocks spread into domestic economies.
Legal Row Over Greece’s GDP-Linked Bonds Deepens After Judge’s Unusual Proposal
The dispute has also drawn attention from the International Monetary Fund (IMF), which discussed the case extensively in its recent report, “A Stocktaking of the Current International Architecture for Resolving Sovereign Debt Involving Private Sector Creditors.”
“The Great Return”: Alexis Patelis Chronicles Greece’s Comeback Story
A major book presentation in Athens on Thursday evening brought together some of Greece’s most prominent political and economic figures.