Finance

PPC CEO Giorgos Stassis confirms final shutdown of coal-fired units, marking end of decades-long lignite era

Eurostat data put Greece's annual inflation rate at 4.6% in April 2026, well above the EU average, as fuel, energy, and transport costs post sharp year-on-year increases.

Billions in investment projects face cancellation or higher financing costs after Greece's Recovery and Resilience Facility loan envelope is fully committed, leaving numerous applications without funding.

Cranes and heavy works are now underway at the site of the planned casino and entertainment complex in the northern Athens district of Marousi, marking a major milestone in one of the capital’s most debated property development projects

Metlen's chief used a high-profile Athens conference to call for political consensus, attack European energy policy, and reveal that his company's gallium venture has achieved production costs below those of Chinese rivals.

Greece faces a downgraded growth outlook and a raft of critical Commission assessments on Thursday, as Middle East tensions, energy price pressures and post-recovery fund uncertainty cast a shadow over the economy

A major strategic investment approved in Greece aims to boost EU access to gallium, a critical raw material for advanced technologies, strengthening Europe’s supply security and industrial independence

Greece's dominant power utility launched one of the country's largest-ever equity offerings, targeting €4 billion to fund a sweeping €24.2 billion expansion into renewables, data centers and Central European energy markets through 2030.

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