Stournaras on Katseli Law loans: “Supreme Court decision unclear”
Bank of Greece Governor criticizes Supreme Court’s ambiguous ruling on Katseli Law loan interest calculations, calls for clarity amid conflicting interpretations.
Economy
Tax refunds: 130,000 taxpayers haven’t received €190 million
Over €190 million in tax refunds remain frozen due to incomplete taxpayer documentation, affecting 130,000 beneficiaries as Greek authorities prioritize clearing backlogs.
Bloomberg: Greece’s LNG chief warns of US supply deal challenges
Bloomberg highlights warning from Greece’s Atlantic SEE chief about challenges securing long-term US LNG deals amid Middle East conflict disruptions.
Bank of Greece: Commercial property prices rise 5.1% in 2025
Greek commercial real estate shows strong growth with 5.1% price increase in 2025, led by Athens office market surge of 7%, Bank of Greece reports.
Bratakos: Greece-Syria economic relations restart with plan
Greece and Syria explore economic cooperation restart through structured planning and institutional channels, following discussions between business leaders.
Papastaurou meets Chevron ExxonMobil in Houston to accelerate hydrocarbon development
Greek Energy Minister meets Chevron and ExxonMobil executives in Houston to accelerate hydrocarbon development and discuss upcoming drilling projects in Greek waters.
ECB raises interest rates for first time in 3 years amid energy and inflation pressures
ECB raises key interest rates by 25 basis points for first time in three years as Middle East war drives energy costs and inflation pressures across eurozone.
Greek tax authority writes off €6bn in old debts: Who makes the list
Greek tax authority writes off €6 billion in old debts from bankrupt businesses and deceased taxpayers, bringing total uncollectable debts to over €41 billion.
Oil prices soar: Brent above $95, WTI surpasses $92
Oil prices surge dramatically as Brent crude tops $95 and WTI exceeds $92 per barrel amid reports of Iran closing the strategic Strait of Hormuz passage.
Industrial production rises 2.1% in April 2026, Greek statistics show
Greek industrial production surged 2.1% in April 2026 according to ELSTAT data, marking a significant recovery from previous declines in manufacturing output.
Greek Supermarket Union meets with Development Minister in positive talks
Greek supermarkets meet with Development Minister to discuss price controls and cost of living support measures for Greek households amid inflation concerns.
Forbes Global Properties conference in Corfu: Greece at the center of global real estate and high-net-worth tourism
Forbes Global Properties conference brings together 65+ companies from 6 continents in Corfu, positioning Greece as a major hub for ultra-high-net-worth investments.