#GREECE
Greece grants major tax relief to freight forwarders with retroactive VAT exemption
The newly tabled amendment grants a retroactive value-added tax (VAT) exemption covering a full decade for auxiliary services provided by licensed freight forwarders in Greece to airline companies.
Fuel prices in Greece drop significantly ahead of Easter travel
The average retail price for 95-octane unleaded petrol has dropped to €1.785 per liter, from €1.976 last Easter in Greece.
Greece’s Predator Spyware Trial Opens, Leaving Key Players and Evidence in the Shadows
A trial tied to Greece’s sprawling wiretapping scandal opens Thursday, April 10, in an Athens misdemeanor court—but many see it as little more than political theater.
Nationwide Strike in Greece on April 9: Major Disruptions in Transport, Aviation, and Public Services
Greece is set to come to a standstill on Wednesday, April 9, as a nationwide 24-hour strike disrupts transportation, aviation, and public services across the country.
FTSE Russell Keeps Greece on Watch List, Delays Upgrade to Developed Market Status
FTSE Russell has decided not to proceed with an upgrade of Greece’s market status, choosing instead to keep the country on its Watch List for a potential future reclassification.
What the Escalating US-China Trade War Means for Greece
As the trade war between the United States and China enters a new and more aggressive phase, the global economic landscape is bracing for impact.
Greece’s Economic Policy Hits Repeat: Familiar Promises, Little Delivery
This latest unveiling was presented with confidence and ceremony, echoing the language of change and ambition.
«Child Penalty»: How Motherhood Hinders Women’s Careers in Greece
Among European countries, Greece stands out as one of the places where having a child is particularly detrimental to a woman’s professional trajectory.
IMF Sees Improved Sustainability of Greek Debt, But Challenges Persist
The IMF flagged several lingering structural weaknesses.
Justice System Reforms Could Unlock Investment and Productivity Gains in Greece
The judicial process, IMF's report argues, would significantly enhance the Greek state’s ability to enforce laws, restructure struggling businesses more effectively, and create a more reliable institutional environment for investors.
Greece Surprises Markets with Strategic Buyback of GDP-Linked Bonds from Debt Crisis Era
In a surprise move that signals a final break from its bailout-era legacy, Greece’s Public Debt Management Agency (PDMA) has announced the early buyback of GDP-linked bonds issued during the country’s dramatic 2012 debt restructuring, known as the Private Sector Involvement (PSI).
Greece’s Tourism Outlook Faces Uncertainty Amid U.S. Tariff Fallout
While Greek exports of food, fuel, and metals to the U.S. are relatively limited, the real danger lies in the broader financial consequences of the tariffs, particularly their potential to weaken the U.S. dollar and reduce the purchasing power of American consumers.
Greece Braces for Landmark Court Ruling on Private Universities
Currently, Greece is one of the few countries in the European Union that explicitly prohibits private universities.
Greek Rail Trainees Dismissed After Drug Use Found During Surprise Checks
According to reports, the two dismissed employees- a trainee stationmaster and a trainee signal operator- had not yet completed their required training or final examinations and had not begun official work duties.
Greece Falls Short on Digital Transformation Goals Despite Billions in EU Recovery Funds
The country's national plan included a broad range of digital initiatives, but the distribution of funds did not align with Greece’s most pressing digital needs.
New Poll Shows Greeks Favor Center-Left Coalition Over Single-Party Rule
The poll highlights that economic issues and the cost of living are currently the most important factors influencing voter decisions.
Greece Advances Plans to Integrate F-35 Jets with Major Infrastructure Overhaul
Τhe inclusion of the F-35s in Greece’s defense arsenal demands «a very long-term investment and, above all, significant infrastructure, which must be developed in Andravida» said Kyriakos Mitsotakis.
Greece Fast-Tracks Tax Residency as Global Investors and Expats Flock In
Beginning in June, registering as a tax resident and obtaining a Greek tax identification number (AFM) will take just a few days, replacing a process that currently drags on for months.
Greece’s Business Licensing Platform Missing Key Controls
While the platform is fully operational for licensing procedures, the mechanisms for supervision and enforcement were left out of the initial rollout.
Greek Exporters on Edge as Trump’s Tariff Plans Threaten Key Food and Beverage Sectors
Greece is watching with growing concern as the Trump administration moves forward with plans to impose new tariffs on European goods, a development that could have serious implications for one of the country’s most successful export sectors—food and beverages.
Mitsotakis Nears Record Low, Poll Show
A new nationwide poll conducted by Public Issue in March 2025 paints a bleak picture of Greece’s political landscape.
Piraeus Port Authority Takes Tax Dispute to Court
According to the tax authority, the company owed an additional €5.23 million in income taxes.
National Bank of Greece Offloads Probank Leasing to Arena-Backed Fund
Arena Investors, the U.S.-based asset management firm headquartered in Florida, has acquired Greek financial leasing company Probank Leasing, marking another significant step in the restructuring of Greece’s non-performing asset landscape.
Greece Extends Deadline for Parnitha Casino Relocation to 2028
The Greek government has approved a three-year extension for the relocation of the Mont Parnes Casino from its current location in the Parnitha National Park to a new site in Marousi, a northern suburb of Athens.
Draft Bill Enables Greek Banks to Carry Forward Tax Losses After Mergers
Greece is rolling out a new tax regime aimed at making bank mergers more financially attractive and strategically viable.
Super Puma Arms Deal Trial Underway – Spotlight on KESTREL Executives Tsatsos and Komnopoulos
A long-awaited corruption trial is underway in Athens, shedding light on one of Greece’s most notorious defense procurement scandals involving the purchase of Super Puma helicopters.
How the Surge in Electronic Payments Boosted Greece’s Public Revenues
Greece saw a notable boost in public revenues in 2024, thanks to a rapid rise in electronic payments and a sweeping digital overhaul of how businesses issue receipts and report income.
Intralot Reaches $5 Million Settlement in Washington, D.C.
Greek gaming technology company Intralot has reached a $5 million settlement through its U.S. subsidiary, Intralot, Inc., with the Office of the Attorney General for the District of Columbia.
Greek Families Face Soaring Costs for Private Tutoring, Exposing Deep Inequalities
Urban households spend significantly more than rural ones, and wealthier families have far greater access to tutoring services.
Bread Prices Rise as Greek Bakers Buckle Under Soaring Costs
Two years of steadily rising energy bills and grain prices have pushed local bakeries to a tipping point. Industry professionals warn that the price of bread is about to rise again, as the cost of doing business becomes increasingly unbearable.
What Greek Workers Are Looking For: A New Survey Reveals Shifting Priorities in the Modern Workplace
The survey, which gathered responses from 1,053 people aged 18 to 65, reveals a workforce that is more self-assured and selective than in the past.