#GREECE
Greece's Water Infrastructure Nears Breaking Point
To help fund the required infrastructure, water pricing is expected to increase in certain areas.
Greece and Egypt Forge Strategic Alliance Amid Regional Tensions
Greece and Egypt have formally elevated their bilateral relationship to a strategic partnership, as Prime Minister Kyriakos Mitsotakis and President Abdel Fattah el-Sisi convened on Wednesday in Athens for the first Greece-Egypt High-Level Cooperation Council.
Metlen Begins Strategic Overhaul with Major Subsidiary Merger
Greek industrial and energy group Metlen has officially launched a sweeping reorganization of its operations, marking the beginning of a new growth phase driven by structural reforms and consolidation.
Greece Moves to Stabilize Construction Sector After Court Ruling Halts Building Bonuses
Greece’s government is preparing to introduce a critical amendment to Parliament on May 12, in an effort to stabilize its construction sector following a major legal setback.
Greek Statistical Authority Investigates Labour Costs Across Key Sectors
The Hellenic Statistical Authority (ELSTAT) has announced the launch of a major labour cost survey, targeting over 7,000 businesses across Greec
Greeks Lead Europe in Weekend Work, Eurostat Data Shows
Greece tops the European Union in weekend work, with recent Eurostat data revealing that nearly one in three workers in the country (32.3%) works seven days a week.
Piraeus Port to Get First Major Revamp Since Cosco Takeove
Greece is moving forward with an ambitious plan to modernize the passenger facilities at the Port of Piraeus, the country’s largest and busiest harbor, just weeks before the peak summer tourism season begins.
RSF Monitors Predator Trial in Greece Amid Press Freedom Concerns
The Predator case, now unfolding at the Athens Court of First Instance, involves executives from the companies Intellexa and Krikel, which are accused of facilitating the use of the illegal spyware.
Greece Lags Behind EU in Safeguarding Against Security Risks from Foreign Investments
The timing of Greece’s long-overdue move is particularly striking given that the European Union is already preparing to go a step further.
Greek Consumers Remain the Most Pessimistic in the EU – 66% Expect Economic Downturn
This places Greece well ahead of other EU nations in terms of pessimism, with Estonia and Slovenia trailing behind at -36.7 and -29.3, respectively.
EU Eyes Flexible Gas Storage Rules to Ease Prices – A Boost for Greece
One of the most notable revisions involves reducing the mandatory fill level for gas storage from 90% to 83%, to be achieved annually between October 1 and December 1.
From Energy Security to National Security: Greece’s Costly Balancing Act
As Europe confronts rising security threats, particularly from Russia, a new era of defence readiness is underway.
OECD Flags Greece’s High Tax Pressure on Workers
What is particularly striking in the Greek case is that this increasing burden hasn’t come from a deliberate hike in tax rates or social contributions.
A Greek Bank’s Bold Answer to Europe’s Demographic Challenge
Greece has long faced population decline, especially in its remote and border regions.
Athens Gears Up for Major International Defense and Security Showcase: DEFEA 2025
This year’s edition of DEFEA confirms its growing international stature, with 436 exhibitors from 37 countries, 18 national pavilions, and 98 official delegations from 45 nations.
Attica’s Water Supply at Risk, Warns Greece’s Main Water Utility
As concerns over water scarcity grow, especially in light of increasing drought frequency and climate pressure, EYDAP’s CEO, Haris Sachinis, presented a broader plan to address water security for Attica.
Greece’s Fiscal Strategy Faces Questions Over Tax Windfall and Investment Optimism
One of the most striking claims is that anti-tax evasion reforms implemented in 2024 will lead to a permanent increase in annual tax revenues of over €2 billion.
Greece Climbs in European Travel Rankings Despite Changing Tourist Trends
European travelers are showing a growing appetite for new destinations and less crowded periods, influenced by broader economic and geopolitical uncertainty.
EU Lawmakers Urge Greek PM to Crack Down on Tanker Sales to Russia’s Shadow Fleet
The lawmakers are calling on the Greek government to tighten controls over the sale of ships to third countries, prevent further transfers to suspicious entities, and maintain efforts to restrict ship-to-ship transfers of Russian oil in Greek waters.
Construction Costs in Greece Keep Climbing, Despite Signs of Slowing
One exception to the inflationary trend was diesel fuel, which dropped by 7.3% year-on-year, offering a rare reprieve amid otherwise rising costs.
Greece Targets Struggling Regions with New Investment Incentives
Tourism projects in areas affected by natural disasters will also be eligible for support.
Patient Catches Fire During Surgery at Greek Hospital
The fire reportedly broke out near the end of the procedure due to a suspected malfunction in a piece of electrosurgical equipment known as a diathermy unit—commonly used to cauterize blood vessels during surgery.
Greek Households Spend More Than They Earn as Savings Rate Dips
Greece’s household savings rate dropped deeper into negative territory, falling to -4.1% from -1.1% in Q4 2023.
Tsipras Warns: Progressive Forces Must Unite Against Rising Far Right
Tsipras cautions that if democracies begin to accept the dominance of the strong in international relations, they risk legitimizing the same principle at home.
Mitsotakis Commits to Full Term, Eyes Third Mandate for New Democracy
Greek Prime Minister Kyriakos Mitsotakis has reaffirmed his commitment to completing a full four-year term in office and leading the center-right New Democracy party into the next national elections.
Young Greek Entrepreneurs Showcase Innovation on a Global Stage
Each team showcased their products at specially designed booths, offering visitors a glimpse into the creativity and determination of Greece’s next generation of entrepreneurs.
IMF: Greece Among Global Leaders in Debt Reduction
Greece is emerging as a fiscal success story in the eyes of the International Monetary Fund, which projects strong public finance performance and significant debt reduction in the years ahead.
Greek Property Owners Await PM’s Tax Reforms Amid Housing Crisis
As Greece grapples with an escalating housing crisis, property owners are turning their attention to the Thessaloniki International Fair (TIF), where Prime Minister Kyriakos Mitsotakis is expected to unveil key tax policy announcements.
Predator Spyware, Intellexa, and the Greek Surveillance Scandal Head Back to Court
The trial over the illegal use of Predator spyware in Greece, one of the country’s most significant surveillance scandals in recent history, is set to resume on April 23 at the Athens Single-Member Misdemeanor Court.
How Greece’s Rent Rebate Could Raise Rents
The policy, introduced by Prime Minister Kyriakos Mitsotakis, promises annual rebates of up to €800 to qualifying tenants.
Council of State Deems Tax Circular on Airbnb Rentals Unlawful, Refers Case to Plenary Session
Greece’s top administrative court has ruled that a recent tax measure targeting Airbnb-style rentals is legally flawed, casting doubt over how such income should be taxed in the country.