Greece and Cyprus are expected to maintain solid growth momentum in 2026 despite persistent external vulnerabilities, credit rating agency S&P Global Ratings said on Wednesday. In a report titled “2026 Greece And Cyprus Economic And Sovereign Rating Outlooks,” the ratings agency said the two economies continue to show favourable medium-term prospects, broadly converging with the […]
Among EU member states for which data are available for the fourth quarter of 2025, Lithuania recorded the strongest quarterly growth, with GDP rising by 1.7% compared with the previous quarter.
Hiring was likewise significant in public administration and defense, compulsory social security, education, human health and social care activities, as well as in construction.
Around 2 million private-sector employees in Greece will see higher take-home pay from Friday, following a tax reform package announced by the government at the Thessaloniki International Fair in September. The measures include significant tax relief for young workers up to the age of 25 and for families with children, with benefits amounting to the […]
The completion of the acquisition of brings the Group 100% ownership of the 'Ultra-Fast Broadband Infrastructure' project
Greece’s industrial producer price index fell 2.1% year on year in December 2025, reflecting lower prices across both the domestic and foreign markets, data released by the national statistics agency ELSTAT showed on Wednesday. The decline compares with a 0.8% annual fall recorded in December 2024 versus the previous year, using 2021 as the base […]
The seasonally adjusted unemployment rate stood at 7.5% in December 2025, compared with a revised upward 9.4% in December 2024 and a revised downward 8.1% in November 2025, according to ELSTAT’s seasonally adjusted employment estimates. Employment totaled 4,376,977 persons, marking an increase of 102,883 people compared with December 2024 (+2.4%) and a decrease of 19,389 […]
Household deposits rose by approximately €2.5 billion in December 2025, according to data from the Bank of Greece, bringing the annual growth rate to 3.5%. Business deposits increased by €3.8 billion, compared with a rise of €90 million in the previous month, while the annual growth rate accelerated to 9.6% from 8.7%. More specifically, deposits […]
The Bank of Greece is the primary official channel for sovereign transactions, while Piraeus Bank serves as the second institutional outlet.
Despite progress against tax evasion, Greece continues to lag Europe in VAT revenues, as multiple exemptions and reduced rates shrink the tax base and limit collections, according to IOBE and new research from the Tax Foundation
Geopolitics, climate-related losses, global debt pressures and inflated AI company valuations could pose challenges for Greece’s economy, even as growth and market indicators improve, according to the president of the Athens Chamber of Commerce and Industry
AADE introduces real-time monitoring, digital invoicing, and advanced tax rulings to curb evasion, modernize business compliance, and support future tax relief measures
During his visit, the Eurogroup President will hold a working meeting at the ECB’s headquarters with ECB President Christine Lagarde.
The move aims to ease the housing crisis by encouraging owners to renovate vacant homes and return them to the market.
IOBE's latest quarterly report on the Greek economy points to stronger growth, falling unemployment and rising investment, while warning that global uncertainty, structural weaknesses and pressure on household incomes continue to cloud the outlook
Its maximum annual capacity is estimated at 6 bcm of natural gas, comparable to the Alexandroupolis FSRU’s 5.5 bcm.
Despite easing energy and food prices, Alpha Bank analysis shows that strong demand, booming tourism and rising wages are keeping inflation in Greece well above the eurozone average
February’s auction for gas transport capacity through Greece saw almost no demand, highlighting cost, regulatory uncertainty, and strong competition from cheaper routes to Eastern Europe and Ukraine
The Motor Oil Group subsidiary warns that unfinished regulatory and technical rules are keeping ready-to-operate battery facilities off the grid, delaying benefits for consumers and the electricity system.
Facing persistently high rents, the Greek government is rolling out supply-side measures, including incentives for long-term rentals, public-private social housing projects and large-scale home renovations