Regional disparities persist, with the Cyclades once again recording the highest prices in the country, where regular unleaded reached 2.173 euros per liter.
Concerns over mounting pressures on Greek commerce were highlighted by Stavros Kafounis, head of the Hellenic Confederation of Commerce and Entrepreneurship, during the presentation of the sector’s annual report. According to the findings, three out of four businesses have not recorded growth in turnover, with smaller firms facing significantly greater strain. Companies using double-entry accounting […]
As the war in Iran enters its second month, Greece is bracing for the negative fallout to its economy, with the country’s Parliamentary Budget Office drafting a bleak trimester report. The paper, presented by the chairman of the office, Prof. John Tsoukalas, warns of the adverse consequences, which, in the worst-case scenario would result in […]
Iran's drone strike on a Kuwaiti tanker near Dubai highlights the mounting dangers facing vessels that continue to brave the Strait of Hormuz, as a fourth Greek-managed tanker completes the perilous crossing with its tracker switched off.
With Easter around the corner and Middle East tensions pushing up fuel and food prices, Athens is rolling out subsidy measures it has used before — and promising more market inspections.
Rising energy costs and prolonged geopolitical uncertainty are weighing on Greece’s outlook, with inflation risks, slower growth and structural weaknesses shaping assessments by global lenders and rating agencies.
A new €1.7 million project will install advanced water treatment systems in northern Greece to address uranium contamination concerns and ensure safe, continuous drinking water supply
An IMF official says millions of unresolved non-performing loans continue to slow Greece’s economic recovery, restricting credit access for households and small businesses despite post-crisis banking reforms and broader financial stabilization.
Early holiday timing, rising costs and regional tensions weigh on demand, even as state subsidies help keep ticket prices steady.
The Bank of Greece governor says the current inflation surge, driven by global shocks, may be more difficult to manage than the 2021–22 episode, as expectations shift and repeated disruptions test central banks
A new report by IOBE breaks down the private debt figure in Greece: the largest creditor; servicers, and social security obligations
The Greek industrial group is capitalizing on rising aluminum and gas prices, supply disruptions and its renewables strategy, positioning itself as a rare beneficiary of geopolitical turmoil.
Luxury hotels cut prices and tour operators add flexibility as geopolitical tensions begin to slow bookings and air travel to Greece.
The wage increase lifts nominal pay for 700,000 workers, but faster-rising energy, housing and food costs, weak purchasing power and pressure on businesses mean much of the gain is quickly absorbed, limiting its impact on real incomes.
EU ministers rule out fiscal flexibility despite rising energy costs, forcing countries like Greece to rely on limited national budgets as inflation risks intensify
Following multiple consultations with the European Commission (EC), the Hellenic Gas Transmission System Operator TSO (DESFA), along with the other 5 operators of the strategic Vertical Gas Corridor initiative, agreed on the commercial promotion of the project. The agreement, signed in Athens on Friday, marks a milestone for the wider region in an ever-shifting energy […]
Morningstar DBRS has left its forecast for Greece’s economic growth in 2026 unchanged at 2%, despite heightened geopolitical uncertainty, while slightly trimming its 2027 outlook to 1.8%. In an update to its baseline macroeconomic scenarios, the ratings agency said the projections reflect current market consensus, drawing on the median estimates of a broad range of […]
According to Bloomberg, a Greek-owned and managed tanker carrying Saudi crude reached India after crossing the Strait of Hormuz, as traffic through the key energy corridor remains sharply reduced amid attacks and rising security risks.
Eurozone finance ministers hold emergency talks as oil tops $100, driving up costs for households and businesses and raising concerns over a new inflation cycle and the bloc’s ability to respond in time.
In its preliminary assessment, the European Commission (EC) announced on Thursday that it had agreed to a December double request by the Greek authorities for a payment amounting to €1.18 billion from the Recovery and Resilience Facility (RRF). This is the 7th fund request and the 6th request for loans from the RRF, which has […]