Government overdue debts: €3.5 billion state arrears choke the market
Government owes €3.54 billion to suppliers, pensioners and taxpayers as hospitals, social security funds and municipalities accumulate mounting debts.
All News
Mitsotakis meets US energy czar Bergum over LNG, hydrocarbons
Greek PM meets US energy czar to discuss LNG terminals, hydrocarbon exploration, and Greece’s growing role as Eastern Mediterranean energy hub.
Athens Medical Center becomes first PERT Consortium founding member in Greece
Athens Medical Center becomes Greece’s first PERT Consortium founding member, providing world-class pulmonary embolism care through international collaboration.
Aktor and Prodea real estate deal collapses without results
Major Greek construction group Aktor abandons €579.4 million real estate deal with Prodea Investments due to high borrowing costs and financial pressures.
Active Computer Systems brings tech future with “Active Device 360°”
Active Computer Systems launches innovative “Active Device 360°” service, offering Greek businesses flexible access to cutting-edge technology without ownership burdens.
Greek cigarette smuggling drops to 17% amid stronger enforcement
Greece achieves significant progress in fighting cigarette smuggling, with illegal tobacco trade dropping from 24% to 17% through enhanced enforcement and technology.
Kotsovolos launches Plan K, marking new era for retail
Kotsovolos revolutionizes retail with Plan K, offering comprehensive financing tools and flexible payment solutions for enhanced consumer experience.
Esperia Group revolutionizes HR management with WorkLife solution
Esperia Group transforms HR operations with AI-powered WorkLife solution, automating payroll for 1,250+ employees while ensuring digital compliance and efficiency.
Something’s cooking at IKEA – Wear your apron and win a kitchen
IKEA invites customers to wear aprons for a special cooking event with free meals, prizes, and the chance to win a complete kitchen on September 13, 2025.
Greece announces early debt repayment of €5.3 billion
Greece announces €5.3 billion early debt repayment strategy, reducing public debt to lowest level since 2012 while strengthening cash reserves.
Recovery Fund: Banks race against time to meet loan targets
Greek banks race to meet 700M euro Recovery Fund loan target by September, facing bigger 2.5B euro challenge ahead as program implementation slows significantly.
Beef prices soar: expected to reach €20 per kilogram
Beef prices in Greece soar to €20/kg as production falls due to green policies. Market experts predict further increases ahead.
Greece inflation drops to 2.9% in August amid rising food costs
Greece’s inflation rate fell to 2.9% in August from 3.1% in July, but households still face pressure from rising food and rent costs affecting daily budgets.
Greece seasonal worker benefit applications open for 2025 – DYPA
Greece opens applications for 2025 seasonal worker benefits ranging from €687-€1,375. Online submissions start September 10 through gov.gr platform.
New pension bill brings 9 major changes: Fictional time recognition, pension calculation updates, tax incentives
Greece introduces major pension reforms with fictional time recognition, new calculation methods, and gradual abolition of personal difference benefiting 650,000 retirees.
Why Chevron showed interest in Greek hydrocarbons – What the Helleniq Energy alliance means for Turkey-Libya deal
Chevron’s expansion in Greek hydrocarbon exploration south of Crete effectively nullifies the illegal Turkey-Libya memorandum, boosting Greece’s energy profile.
Georgia Siakavara’s first statements from hospital
Georgia Siakavara speaks exclusively about her emergency surgery, crediting partner Konstantinos Plevris with saving her life from a dangerous femoral hernia.
Athens taxi strike causes major traffic chaos on central roads
Athens taxi drivers’ 48-hour strike causes massive traffic disruptions on major roads as hundreds march from Transport Ministry to Piraeus protesting new regulations.
Farsala: Couple found elderly’s lost card, spent on alcohol and gambling
A couple in Farsala found an elderly pair’s lost bank card and used it to buy alcohol, withdraw 600 euros, and gamble before being arrested by police.
Athens launches 24-hour Metro, Tram and bus service every Saturday
Athens introduces comprehensive 24-hour public transport every Saturday, expanding Metro, Tram and bus services with 11 additional routes for round-the-clock city access.