#GREECE
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.
Greece’s Road to Recovery: Investment Alone Won’t Rebuild a Fragile Economy
The report outlines two projections for how long it might take Greece to return to its pre-crisis capital stock levels
New Greek Defense Spending Plan Raises Questions About Domestic Industry Inclusion
At the heart of this renewed focus is Defense Minister Nikos Dendias’ push to strengthen domestic production and elevate the role of Greek companies in national defense procurement.
Greece Moves to Tighten Oversight on Foreign Investments Amid Security Concerns
Greece has unveiled plans to bolster its oversight of foreign investments, with the government introducing a bill aimed at aligning the country with European Union regulations and safeguarding national security interests.
EU Auditors: Greece Falling Short on Labour Reforms Under Recovery Plan
Greece is failing to make meaningful use of the European Union’s Recovery and Resilience Facility (RRF) to implement substantial labour market reforms, according to a report released by the European Court of Auditors (ECA).
Greek Hotel Industry Posts €11.5 Billion in Revenues for 2024, Marking Strong Growth and Economic Impact
The total direct and indirect contribution of the hotel sector to Greece’s economy reached €17.8 billion in 2024, accounting for 5.9% of the country’s GDP - a notable increase from 4.8% the previous year.
Sokratis Famellos Calls for Progressive Front to Oust Mitsotakis
In an exclusive interview with Dnews.gr, Sokratis Famellos, leader of Greece’s main opposition party SYRIZA–Progressive Alliance, sets out an urgent call for unity among the country’s progressive forces.
Why Greece’s Plan to Track Down Wealthy Debtors Abroad May Be More Wishful Thinking Than Reality
The plan seems to underestimate the complexity of international law, tax confidentiality, and cross-border asset ownership.
Greece Charts a Decade-Long Energy Transformation Plan Through 2033
Greece has announced an ambitious new roadmap to modernize and future-proof its electricity transmission infrastructure through 2033.
Soaring Beyond the Bar: How Emmanouil Karalis is Turning Athletic Triumph into Business
Greek pole vault sensation Emmanouil Karalis is defying gravity—and not just on the track.
Europe Faces Explosive Public Spending Pressures – Greece in the Spotlight
Classified as part of «advanced Europe» in the report, Greece is singled out largely due to its high levels of public debt and the disproportionately large share of its budget devoted to pensions and healthcare.
Inside Story Exposes Fragile Foundation of Greek Government’s Bot Allegations Over Tempi Protests
The theory on Tempi - which gained traction in local media and was even repeated in Parliament by Prime Minister Kyriakos Mitsotakis - now appears to rest on a single, highly dubious source.
Greece’s Apartment Prices Rise by 8.7% in 2024, New-Builds Lead with 10.1% Increase
Apartment prices in Greece rose by an average of 8.7% in 2024, according to preliminary data from the Bank of Greece.
Operational Challenges Threaten the Effectiveness of the EU’s Anti-Money Laundering Authority
The European Anti-Money Laundering Authority (AMLA), the EU’s newly created agency to combat financial crime, is already facing serious governance and operational challenges, raising concerns about its ability to function effectively. Sources speaking to Dnews pointed to transparency issues in leadership selection, procedural inefficiencies, and logistical difficulties that could hinder AMLA from fulfilling its ambitious mandate.
Greece’s Political Landscape Shifts as Public Backs Early, Poll Shows
A new survey by polling firm ALCO, presented on Tuesday by Greek broadcaster Alpha TV, indicates growing public dissatisfaction with Prime Minister Kyriakos Mitsotakis’ government.
Santorini Set for a Strong Comeback as Tourist Season Approaches
Santorini, one of the world’s most sought-after travel destinations, is preparing for a strong and dynamic tourist season as it steadily recovers from recent seismic activity.
Athens Stock Exchange Shutdown Reveals Operational Failures and Government Confusion
A technical failure at the Athens Stock Exchange (ATHEX) on Monday led to a complete suspension of trading, exposing severe deficiencies in crisis management and operational preparedness.
Who Profits from Greece’s Defense Spending? Not Greek Industry, Says Evangelos Mytilineos
Greece’s defense procurement strategy has come under sharp criticism from Evangelos Mytilineos, head of the Metlen Group, who argues that the government has failed to include domestic industries in key military contracts.
Greece’s 2025 Tax Declarations: Key Changes and What You Need to Know
Greece has officially opened the 2025 tax declaration period, with the final submission deadline set for July 15.
Concerns Grow Over Piraeus Bank’s Acquisition of National Insurance from CVC
The financial sector is closely watching the challenges surrounding Piraeus Bank’s €540 million acquisition of Greece’s National Insurance from private equity firm CVC.
Doxiadis’ Abrupt Exit Undermines Mitsotakis’ Bid for Government Reset
Doxiadis’ resignation comes after accusations from opposition parties regarding his response to protests over the deadly train crash in Tempi.
Can Greece Afford Pre-Election Handouts?
As Greece heads into another election cycle, economic policy is taking center stage in the government’s attempt to regain voter confidence.
Athens Weighs Alliances to Break Deadlock in Greece-Cyprus Energy Project
Greece is weighing its alliances, the broader international landscape, and possible ways to bypass the deadlock that has stalled the Greece-Cyprus electricity interconnection project.
Greece, Cyprus, and Israel Strengthen Trilateral Cooperation with Focus on Energy Connectivity
Greece, Cyprus, and Israel are deepening their strategic partnership, with energy connectivity emerging as a key priority, as reaffirmed during a meeting of their Foreign Ministers on Thursday in Athens.
Countdown to Government Reshuffle: Major Changes Expected
The clock is ticking for the much-anticipated government reshuffle, set to take place today, Friday.
Piraeus Bank Faces Investor Scrutiny Over National Insurance Acquisition from CVC
Piraeus Bank is set to face tough questions from analysts and investors in London on Monday over its recent acquisition of a 90% stake in National Insurance from private equity firm CVC.
Greece Introduces New Residency Permit Rules for Foreign Investors
Greece has introduced significant changes to the process of granting residency permits to non-EU nationals investing in the country