Net financing to Greece’s general government turned positive in July, reaching €509 million, compared with a negative flow of €93 million in June.

Deal worth 450 mln€, with the London-based fintech developer eyeing the creation of an international center for research and innovation within the coastal Helleniko site

Based on the Hellenic Statistical Authority’s figures, this is the second consecutive rise in the Greek-owned commercial fleet

Losses reach €120 million, nearly equal to sector’s net margins, as organized theft fuels shadow markets

High power costs have long undermined Greek manufacturers, with European industry as a whole still paying two to three times more for energy compared to rivals in the U.S. and China.

The bank forecasts a 2.2% expansion of the Greek economy in 2025, slightly down from 2.3% in 2024, before slowing to 1.8% in 2026.

Croatia and Greece record percentages of 0.45% and 0.41%, respectively, in share of firefighters in their domestic employment sector

France is Europe’s more-or-less unenviable “tax champion” at 45.6%, followed in close order by Belgium (44.8%), Denmark (44.7%), and Austria (43.5%)

Industry experts attribute the high alcohol prices primarily to Greece’s steep excise duties, combined with the value-added tax.

Taxpayers subject to fines can settle disputes through an out-of-court process until March 2027, potentially gaining steep reductions on penalties and interest.

Out of 38 countries tracked by Eurostat, only Montenegro ranks higher in terms of the number of new businesses opened.

A new licensing framework requires crypto exchanges and wallet providers to meet EU MiCA standards, while tighter checks aim to curb money laundering and tax evasion

A European Central Bank report highlights how EU funding boosts productivity, with Greece among the most dependent countries due to limited access to bank lending

Bank of Greece data confirm that visitors spent significantly more regardless of the modest rise in arrivals. Germans, French, Italians, and Americans, in particular, boosted spending per trip, helping widen the surplus.

Greek exporters are lobbying Washington to secure exemptions from US tariffs on European goods, with cautious optimism that a decision from former President Donald Trump could safeguard key products

Rising demand for authentic flavors and the boost from tourism are driving ouzo and tsipouro sales abroad, with exports surpassing €100 million for a second consecutive year

Once reliant on imports, China is rapidly expanding olive cultivation and brands, raising concerns that Greek olive oil could lose ground in one of the world’s fastest-growing markets

Citizens increasingly use the Appodixi platform to report tax evasion, smuggling, and corruption, with rewards offered for verified claims and authorities prioritizing high-risk cases

Outbound tourism from Greece grew in 2024, with higher spending and a surprising shift away from Balkan destinations toward Central and Northern Europe.

Greek firms including GEK Terna, PPC, Metlen, AVAX, HELLENiQ Energy, and Motor Oil are positioning in Romania to enter Ukraine’s future reconstruction market.