News In English
More Than One in Four Greeks Face Poverty or Social Exclusion
The proportion of Greeks experiencing material and social deprivation rose to 14.9% in 2025, compared with 13.5% in 2023.
Greek Government Opens Door to More Concrete in Already Overbuilt Neighborhoods
The changes are being promoted under the government of Prime Minister Kyriakos Mitsotakis, with Environment Minister Stavros Papastavrou overseeing the planning framework.
Dutch Supreme Court Upholds Prison Sentence for Greek Shipping Magnate in Dairy Bankruptcy Case
The case concerns financial transactions carried out in 2010, when Lyempf was experiencing severe financial difficulties. The company filed for bankruptcy the following year.
Energy Prices Surge in Greece, Squeezing Households and Businesses
International energy markets offer little immediate reassurance.
Alpha Bank Plans Sharp Reduction in Tax Credits to Strengthen Capital by 2030
Alpha Bank expects to maintain its common equity Tier 1 capital ratio near 13% in 2030, compared with approximately 14% in 2026, while financing loan growth and shareholder distributions.
Coca-Cola HBC Shares Plunge as Russian Businessman Seeks Kremlin Control of Subsidiaries
Coca-Cola HBC said it hadn't received any notification from Russian authorities concerning changes to its operations.
Former Greek Prime Minister Tsipras Joins Paris Protests, Calls for European Left to Unite
During his visit, Tsipras met senior figures from several French left-wing parties, including Socialist Party leader Olivier Faure, Green Party leader Marine Tondelier and French Communist Party leader Fabien Roussel.
EU Accuses Turkey of Obstructing Greece-Cyprus Energy Project, Warns of Democratic Backsliding
Brussels said the agreement violated the sovereign rights of third countries, conflicted with international maritime law and could not produce legal consequences for other states.
Eight Decades Later, Israel Honors Greek Couple Who Sheltered Jews From Nazis
Israeli Ambassador Pninat Yanay paid tribute to Ilias and Maria Machaira, whose courage helped save five members of the Venouziou family in 1943, when Nazi forces entered the central Greek city of Karditsa.
Global Energy Prices Retreat, but Greek Electricity Costs Remain Elevated
Approximately three million Greek households remain on variable electricity tariffs, known locally as "green tariffs," with average November charges reaching €0.28 per kilowatt-hour.
Greece Seeks €250 Million From Shipowners to Strengthen Navy Amid Military Overhaul
Dendias said the ministry had already received approximately €130 million in private donations, primarily supporting military infrastructure.
Greece Challenges €418 Million EU Farm Subsidy Penalty in Luxembourg Court
The penalties concern area-based agricultural subsidies covering several periods between 2015 and 2022, alongside compliance requirements for farmers during 2021 and 2022.
Greek PM Claims Victory Over Crime, but Sidesteps Seven Years in Power
Mitsotakis praised investigations into more than 260 criminal organizations and 1,500 cases, ranging from fuel smuggling to corruption in tax offices, planning authorities and prisons.
Greek Consumer Confidence Plunges to Lowest in EU as Household Finances Come Under Pressure
Greek consumer confidence deteriorated sharply in October, leaving households in the country more pessimistic than anywhere else in the European Union, as concerns over personal finances, rising prices and the broader economic outlook intensified.
Greece’s Former PM Tsipras Challenges Mitsotakis Over Corruption Allegations and Banking Immunity
“Names and addresses,” Tsipras demanded, accusing Mitsotakis of spreading insinuations without evidence.
Greece’s PPC in Talks With U.S. Development Finance Agency Over Major Energy Projects
In Romania, PPC is seeking financing to upgrade electricity distribution infrastructure, install smart meters and expand digital grid capabilities.
U.S. LNG Push Into Europe Intensifies as Greece and Turkey Compete for Gas Routes
The gas will supply Greece and other European markets through the Vertical Gas Corridor, a network of infrastructure designed to transport gas northward from Greece into southeastern and central Europe, reducing the region’s dependence on Russian supplies.
Greek Government Faces Growing Voter Discontent as Cost-of-Living Pressures Mount
ALCO's poll found that 45% blame government policies for high prices, compared with 29% who attribute inflation to the global energy crisis.
Europe’s Aging Population Threatens Its Social Contract, Eurobank CEO Warns
Eurobank's CEO cautioned that the growing imbalance could deepen intergenerational tensions and undermine confidence in public institutions, particularly among younger Europeans facing heavier financial obligations.
Greece Tightens Rules on Consumer Credit and Loan Brokers
The measures target an increasingly important segment of consumer finance: transactions in which retailers allow customers to pay in installments without relying on traditional bank financing.
Greek Goldman Sachs Veteran Faces Shareholder Revolt Over Gold Miner’s Debt Restructuring
For Loudiadis, the dispute revives scrutiny of a career marked by both financial innovation and controversy.
French Survey Vessel Awaits Green Light for Greece-Cyprus Power Link
The vessel submitted its request on Oct. 8, but more than three weeks later, approval remains pending. Such authorizations are typically processed within approximately 15 days.
Greek Charity Accused of Diverting Millions Raised for Sick Children to Luxury Spending
The investigation gained momentum after a mother complained that approximately €300,000 raised for her child's cancer treatment had not been delivered as promised.
Greek Tax Authority Investigates Staff Over Alleged Ties to Fraud Network
In a statement Saturday, the tax authority said it would formally request all available evidence concerning potential misconduct by its employees.
Greek Bonds Outperform French Debt, but Paris Crisis Threatens Wider Market Turmoil
According to Greece's Public Debt Management Agency, the country's benchmark 10-year bond yields 4.286%, compared with 4.924% for France and 3.327% for Germany.
Greek Unemployment Falls to 7.6%, but Working Retirees Complicate the Picture
Unemployment across the 27-member bloc rose to 6.2% from 6%, while the eurozone rate increased to 6.5% from 6.3%.
Natural Gas Prices Surge 42% in a Month, Threatening Greece’s Economic Recovery
The risks echo Europe's 2022 energy crisis
European Stock and Bond Trades to Settle Faster Under New Rules Starting in 2027
The change will affect investors across European markets, including the Athens Stock Exchange.
Greece’s Tax Burden Exceeds EU Average, Reaching 41.3% of GDP in 2025
The figure was 0.6 percentage point above the EU average of 40.7%, ranking Greece ninth among the bloc's 27 member states.
Eurobank to Unveil Three-Year Strategy in February
Eurobank also expects credit risk costs to remain broadly stable after reaching 53 basis points during the nine-month period.
Greek Lawyers Demand Withdrawal of Debt Bill, Warning of Weaker Borrower Protections
The lawyers argue that the change would bypass important judicial safeguards, including borrowers' ability to challenge payment orders through established legal procedures.