Browsing: Greek News

The buildings that carry a long history and were built one or more centuries ago are seeking yet another chapter in their lives, having already lived through several of them, as they enter the real-estate market. They have stood for

The financial position of Greek households is improving, and disposable income continues to rise. However, consumer spending is still being financed by drawing down savings and taking on new debt, suggesting that the cost-of-living crisis continues to weigh on household

Without substantial changes to the basic philosophy of the plan that had been presented in May, but with targeted improvements that were incorporated after the public consultation, the Joint Ministerial Decision was published that institutionalises the new Special Spatial Framework

Global commercial shipping is operating in an increasingly dangerous environment, with armed conflicts directly affecting key maritime trade routes. Three regions remain at the center of security concerns: the Strait of Hormuz, the Red Sea, and the Black Sea. Developments

Following targeted interventions after the public consultation, the new Special Spatial Planning Framework for Tourism has been enacted. It classifies areas of the country according to tourism pressure and defines the conditions for the development of new hotel and tourism

The pace of inflation slowed further for the third consecutive month in July this year, rising by 3.4%, down from 4.4% the previous month, compared with an increase of 3.1% in July last year. This development was driven by relatively

A single mistake in a bank transfer can turn a tax-free gift between parent and child into a taxable donation, subject to 10% duty from the very first euro. A cash deposit instead of a bank transfer, a joint account

With the support of easyJet founder and largest shareholder Sir Stelios Haji-Ioannou and his family, Apollo Global Management has agreed to acquire the British low-cost carrier for £5.7 billion, bringing an end to a months-long bidding war with Castlelake and

Aktor has signed a binding agreement with Motor Oil to indirectly acquire a 75% stake in HELECTOR and THALIS E.S., in a transaction valuing the two companies at an enterprise value of €300 million. The deal is expected to close

Saudi oil giant Aramco announced today that its net profit rose by 44% in the second quarter of 2026 compared with the same period last year, thanks to higher crude oil prices amid the ongoing war in the Middle East.

The price index in organized supermarkets moved from positive to negative territory within one month, as according to the monthly survey by the Institute of Retail Consumer Goods Research (IELKA), prices were on average 0.47% lower in July 2026 compared

A new serious incident involving Greek interests has been recorded in the Strait of Hormuz, after the Liberia-flagged bulk carrier Minoan Pioneer was struck by an unidentified projectile, leaving one member of its crew missing. The vessel is Greek-owned and

A 70-day countdown begins today, Monday 3/8, for more than one million Greek businesses, which must now all move – without exception – into the era of e-invoicing. By 30 September, every business must complete the necessary adjustments and declarations

In the real estate market, the Blue Economy relies on the “2-Kilometer Approach.” A property gains substantial equity when situated adjacent to upgraded, “green” coastal infrastructure. For example, an apartment located next to a Smart & Green Marina (featuring electric

The Ministry of National Economy and Finance is moving ahead with a “tax ban” on the use of cash for rent payments and the mandatory settlement of rents exclusively through banking channels from October 1, with no further extension expected.

A brief period of de-escalation following the ceasefire agreed between the United States and Iran has proved short-lived, as a fresh crisis in the Strait of Hormuz reignites pressure on global oil markets and drives international prices higher once again

The eurozone economy grew more strongly than expected in the second quarter of 2026, demonstrating resilience despite the economic fallout from the conflict involving Iran. According to Eurostat, eurozone GDP increased by 0.4% quarter-on-quarter, following stagnation at the beginning of

Greece’s new Special Spatial Framework for Tourism has entered its final stage before approval, with several targeted amendments introduced following months of public consultation. While the overall strategy remains unchanged, the latest revisions include stricter rules for tourism development in

In a strong vote of confidence for Genco’s leadership, shareholders at the U.S. dry bulk shipping company’s annual general meeting overwhelmingly rejected Diana Shipping’s attempt to gain greater influence over the board of directors. Genco announced that all six incumbent

METLEN Energy & Metals has signed a strategically significant agreement for Greece and Europe’s critical raw materials industry, securing a long-term partnership to supply approximately 25% of the annual gallium production from its planned production facility in Greece. The deal