Greek tax authority races to close cases before 2025 deadline
Greece’s tax authority races against time to audit thousands of cases from 2009-2021 before they expire on December 31, 2025, focusing on high-value targets.
Economy
Athens Stock Exchange hits historic 9-month rally with 44% gains
Athens Stock Exchange achieves unprecedented 9-month rally with 44% gains and banking sector soaring 88%, reaching highest valuation since 2007.
Child allowance OPEKA A21: Applications open until September 1st
Greece’s child allowance A21 applications open until September 1st. Learn how to apply online and calculate your benefit amount based on 2024 family income.
ECB ends interest rate cuts cycle amid tariff concerns
ECB halts interest rate cuts after achieving 2% inflation target, focuses on assessing eurozone economic impact from new US tariffs on European exports.
Moody’s: Rising spending limits Greece’s fiscal flexibility
Moody’s warns that Greece’s fiscal flexibility faces severe constraints as rising defense and social spending creates budgetary pressures over the next decade.
EFKA: €10 billion uncollectable from total €50 billion debt
Greece’s social security fund EFKA reveals €10 billion of its €50 billion total debt is uncollectable, as private companies prepare to bid for debt management.
Greek vacation homes see explosive demand from foreign buyers
Greek vacation homes attract record foreign investment as international buyers drive explosive demand growth across islands and coastal regions.
Trump tariffs: How much will they cost Greece and the EU
Trump’s new tariffs threaten Greek and EU exports with 15% duties. Greece seeks new markets as trade competitiveness with US faces major challenges.
Greece cracks down on organic product certification companies
Greece’s Development Ministry prepares first sanctions against organic certification companies following serious violations and irregularities in inspections.
Sklavenitis Group’s “The Mart” faces profit decline challenges
Sklavenitis Group’s wholesale arm The Mart sees 44% profit drop despite 3% revenue growth, facing operational cost pressures in Greek retail market.
The real cost of desalination as a solution to water scarcity
Desalination emerges as a costly but necessary solution to Mediterranean water scarcity. Can renewable energy make it more affordable and sustainable?
Greek banks report €2.45bn profits, dividends expected by end 2025
Greek banks report strong €2.45bn profits in H1 2025, with major institutions planning significant dividend distributions by Q4, reflecting sector stability.