News In English
Greece’s Defense Boom Has a New Target: The Software Behind the Weapons
Greece is embarking on a major defense modernization while seeking to keep a larger share of the spending at home
Greek Singer Giorgos Mazonakis Dies at 54 After Cardiac Arrest in Athens
Greek media reports said Mazonakis had earlier visited a private medical practice in Kolonaki, an affluent central Athens neighborhood, for what was described as a regenerative plasma treatment associated with anti-aging procedures.
Athens Airport Reshapes €1.2 Billion Expansion Plan as Passenger Growth Accelerates
The board of Athens International Airport, the publicly listed operator of Eleftherios Venizelos airport, decided Wednesday to discontinue the Early Contractor Involvement, or ECI, tender process that had been used for the expansion project.
Tsipras Sets Sights on Victory, Takes Aim at Mitsotakis Over Economy and Predator Scandal
Tsipras presented his economic program as a practical response to the concerns of ordinary households, focusing on energy security, purchasing power and public services.
Athens Wants to Become a New Home for Hedge Funds
But Athens is also targeting the people who make hedge funds work.
Israel Says Achilles Shield Will Use Dedicated Greek Source Code
Recent claims concerning access to the source code of Israeli operational systems aren’t relevant to the Greek program, the ministry said, because Achilles Shield will rely on dedicated Greek source code developed with Israeli technological support.
Under Pressure From His Right, Greece’s Mitsotakis Toughens Tone on Turkey
The location of Mitsotakis’s remarks added to their significance.
Greece’s 30% Power-Price Cut Target Faces the Reality of Global Energy Markets
Oil prices add another external uncertainty, particularly for Greek islands that still rely on thermal generation, though that exposure should decline as more islands are connected to the mainland grid.
U.S. Audit Regulator Jim Logothetis Heads to Athens as Greece Deepens Capital-Market Dialogue
Logothetis’s visit carries particular significance for Greece.
Rokos Case Shows It Is Time for Greece to Raise the Price of Its Non-Dom Regime
His move therefore provides an unusually vivid illustration of what Greece offers wealthy newcomers.
Greece’s Economy Grows 0.3% in Second Quarter, Trailing EU and Eurozone
The figures present a mixed picture for an economy that has spent recent years growing faster than many of its European peers.
Greece to Raise Tax on High-Paid Executives’ Profit-Based Compensation
The government estimates that roughly 1,400 executives will be affected, making the measure considerably narrower than a general increase in Greece’s dividend tax.
Greece’s New Savings Plan for Children Could Be a Boon for Banks—and a Long-Term Bet for the State
For Greece’s banks, however, the attraction is particularly clear.
Greek Police Build New Digital Arsenal to Fight Financial Crime
The agreement also includes an option for maintenance services lasting as long as five years, with a budget of €1.715 million before value-added tax.
Greece’s 30% Power-Cost Target Squeezed by Gas and Oil Prices
The challenge is becoming more acute with European natural gas trading at €72.77 a megawatt-hour and oil around $90 a barrel.
Mitsotakis Sidesteps Predator Spyware Question as Greek Surveillance Scandal Remains in the Spotlight
Dilian was convicted at first instance in Greece in proceedings connected to the spyware affair. The case is subject to appeal
Mitsotakis’s €2.2 Billion Package Has a Blind Spot: Greece’s High Cost of Living
The philosophy behind the measures is straightforward.
Greece Makes Property Purchases Costlier for Non-EU Investors
One model raised in those discussions was Canada.
Mitsotakis Saves Surprise Tax Cuts and Benefits for Thessaloniki Speech
Among the measures under consideration is a further reduction in taxes for farmers through a higher tax-free threshold.
Greece Has One of the EU’s Lowest Obesity Rates
The figures put Greece 3.5 percentage points below the EU average, offering a relatively favorable picture in a region where obesity and excess weight remain significant public-health concerns.
Regling Warns of Three ‘Existential’ Threats to Europe, Hails Greece’s Economic Progress
The challenges are particularly serious for a bloc that has prospered under a rules-based international system and now finds itself navigating increasingly difficult relations with Russia, China and the U.S., Regling said.
Greece Rejects Outside Pressure on Defense as Tensions With Turkey Rise
“Greece is a peaceful country that poses no threat to anyone,” Mitsotakis said, adding that it “will not accept instructions from anyone”.
Greece’s Rental Squeeze Deepens as Prices Rise as Much as 16.7%
Attica, the region encompassing Athens and its suburbs, recorded a 4.3% increase, while rents in the rest of Greece rose 4%.
Greek Government Points to 2022 Resignations as Political Accountability in Predator Spyware Scandal
Τhe comments were a reference to the political fallout of August 2022, when the head of EYP and the prime minister’s chief of staff resigned as the surveillance controversy intensified.
How an ELAS Government Could Reshape the Greek Stock Market
ELAS is proposing a substantial expansion of public investment and state intervention, including the creation of a National Convergence Fund
OTE Takes On Greece’s Fire Service Communications Overhaul in Deal That Could Grow From €44 Million to €64 Million
The agreement, signed three days ago with Information Society worths €35.665 million.
Greece Offers Tax Breaks, Fast-Track Permits to Woo Foreign Investment
The proposed framework is designed to increase foreign investment while directing capital toward digital and technological transformation, innovation, skilled employment and economic activity outside Greece’s main urban centers.
Greece Calls In Military as Foot-and-Mouth Disease Crisis Deepens on Lesbos
The measure comes amid escalating anger among livestock farmers on Lesbos, an island in the northeastern Aegean where sheep and goat farming and dairy production are important pillars of the rural economy.
Turkey Renews Pressure on Greece Over Aegean Islands, Invoking Kastellorizo
Erdogan said Greece should end what Turkey considers the militarization of islands governed by international agreements restricting their military presence.
Greece’s Price-Cut Initiative Faces a September 9 Inflation Test
Early evidence raises questions about the program’s effectiveness.
Greece Faces Fresh Fuel-Price Increases as Oil Rally Intensifies Pressure
The average nationwide price of 95-octane unleaded gasoline stood at €2.046 a liter on August 31st.