#GREECE
Wildfire Devastates Greek Island of Chios for Third Day, Threatening Historic Villages
A massive wildfire has engulfed the Greek island of Chios for a third straight day, unleashing widespread destruction and threatening the island’s famed medieval mastic villages, known as the Mastihohoria.
Greece Shifts Traffic Fine Responsibility from Vehicle Owners to Drivers
Greek authorities have announced a major shift in how traffic violations are handled, relieving vehicle owners of automatic liability and placing responsibility squarely on the individual behind the wheel.
Crypto Recovery Lawsuit Targets Greek Citizen in New York Court
An international legal dispute playing out in a U.S. federal court is attracting the attention of Greek tax authorities, as a Greek citizen has been named in a high-stakes lawsuit involving millions in cryptocurrency.
Consulting Surpasses Auditing: Shift in the Greek Accounting Sector
A significant shift is underway in Greece’s accounting and auditing sector, as revealed by the latest annual report from the Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) for the 2023/2024 period.
Greece Sees Uptick in Urban Property Investment
Affordable property, flexible usage, and an attractive lifestyle are making Greece a magnet for foreign professionals seeking urban residences for seasonal living, remote work, or relocation.
Greece Urges Restraint as Middle East Tensions Mount Ahead of Key NATO Summit
Amid rising tensions following a U.S. strike on Iran, Greek Prime Minister Kyriakos Mitsotakis urged restraint and warned against further escalation, just days ahead of a pivotal NATO Summit in The Hague.
Libya Accuses Greece of Violating Its Sovereignty Amid Rising Mediterranean Tensions
Tensions between Libya and Greece are flaring once again, as Tripoli accuses Athens of violating its sovereignty through unilateral energy exploration in disputed Mediterranean waters — just days before a high-level diplomatic visit.
Greek Bank Lending in 2024 Favored Large Corporations, Report Finds
Greek businesses gained significantly broader access to bank credit in 2024, according to the Bank of Greece, though lending remained heavily concentrated among large corporations.
Greece Signals Readiness to Join Europe's Nuclear Energy Future
Greece is preparing to step into Europe's nuclear energy arena, Prime Minister Kyriakos Mitsotakis signaled on Wednesday, marking a notable shift in the country's energy strategy.
Former Greek PMs Karamanlis and Samaras Deliver Stinging Rebuke of Mitsotakis' Foreign Policy
Both former leaders warned that Greece’s current diplomatic strategy, particularly its treatment of Turkey as a partner rather than a rival, risks emboldening adversaries and alienating potential allies.
Tempi Train Tragedy Sparks Tense Debate in European Parliament
The debate became increasingly heated as Greek Members of the European Parliament took the floor.
Poll: Nearly Half of Greeks to Skip Summer Holidays Amid Rising Costs
A new nationwide survey conducted by Alco for Alpha TV reveals that nearly half of Greeks are opting out of summer vacations this year, highlighting the mounting financial pressures facing households across the country.
Hellenic Defense Systems Undergoes Full Financial Audit
Greece’s state-owned arms manufacturer, Hellenic Defense Systems (EAS), has launched a comprehensive financial and managerial audit for the period 2020 to 2024.
A Two-Speed Greece: Regional Inequality Widens Despite Economic Growth
Greece is experiencing a growing divide within its borders, as economic development continues to benefit some regions while leaving others increasingly behind.
Public Tender Announced for Geiger Counters by Greece’s General State Chemistry Laboratory
Public Tender Announced for Geiger Counters by Greece’s General State Chemistry Laboratory.
Tempi Crash Probe Nears End, but What Sparked the Fireball?
Two years after a deadly train crash in Tempi, Greece, which killed 57 people, investigators are still trying to understand what caused the explosion and fireball that followed the collision.
Greece to Offer Tax Fine Discounts Starting October - Here's Who Benefits
This allows them to disclose undeclared income or assets without entering into a formal dispute process.
MyCoast App Returns for 2025, Empowering Citizens to Monitor and Report Beach Violations
Available to the public free of charge, MyCoast provides detailed data on beach concessions.
Greece to Launch Mandatory Digital Vehicle Customer Registry from July 1
Starting July 1, 2025, Greece will make it mandatory for all vehicle-related businesses to use a Digital Vehicle Customer Registry.
Middle East Crisis Creates Economic Uncertainty for Greece
As tensions escalate in the Middle East and fears of a broader military confrontation grow, the geopolitical volatility is beginning to strain the economic systems of smaller and more vulnerable nation.
Mareva Grabowski - Mitsotakis Calls for Reunification of Parthenon Sculptures
Drawing on her long-standing involvement in cultural heritage advocacy, Grabowski-Mitsotakis emphasized the significance of the moment.
Cyprus Supreme Court Confirms Fine in Case Tied to Greek Bond Crisis
Cyprus’s Supreme Constitutional Court has upheld a €50,000 fine against the provident fund of the former Cyprus Popular Bank, bringing long-awaited closure to a case rooted in the fallout of the Eurozone debt crisis.
How Greece’s Property Transfer Costs Compare Across Europe
For prospective property buyers looking at Europe, Greece sits comfortably around the continent’s average in terms of property transfer costs.
Subsidies Shake Up Greece’s Leisure Boat Market
Greece’s leisure boat market is experiencing significant distortions.
Three in Four Greek Businesses Owe Tax in Latest Filings
In Greece, nearly three out of four corporate tax returns filed so far this year have resulted in businesses owing money to the state—underscoring longstanding issues within the country’s corporate tax base.
EU Audit Slams Greece's Forest Fire Prevention Spending as Ineffective and Outdated
A new report from the European Court of Auditors has raised serious concerns about how Greece and other EU countries are spending European funds meant to prevent forest fires.
Greece Lags Far Behind EU in Collective Bargaining Coverage
Τhe European Central Bank (ECB) has published its latest Wage Tracker for the Eurozone, providing insight into wage developments based on collective labor agreements (CLAs) valid through mid-May 2025. The headline finding is a notable cooling in the pace of wage increases across the region.
From Chat Boxes to Cannabis Scripts: Greece’s Troubling Shortcut in Medical Prescriptions
A recent investigation by the Greek news outlet Inside Story has raised serious concerns about the lax regulations surrounding medical cannabis prescriptions in Greece.
Greece Faces Hard Truths on Its External Imbalances - Recovery Plan No Silver Bullet, Says IMF
Despite substantial EU-backed investment under Greece’s National Recovery and Resilience Plan, deep external imbalances continue to challenge the country’s economic stability, warns a new IMF report.
Cyprus Publishes Detailed AML Report for 2024 - Greece Hasn’t Released One in Six Years
Greece’s Anti-Money Laundering Authority has failed to publish a single annual report for the past six years - despite a legal obligation to do so - raising serious concerns about transparency and the country’s commitment to combating financial crime, especially as neighboring Cyprus sets a markedly different example.
Greek Tourism Sees Rise in Visitors but Faces Revenue Challenges
At the same time, Greece faces intensified competition from nearby destinations such as Turkey and Egypt