According to a report by the Organisation for Economic Co-operation and Development (OECD), low innovation and the slow adoption of technology by businesses are additional problems

Despite the symbolic importance of the upgrade, Greece’s estimated weighting in developed market indices is expected to remain modest, at around 0.05% to 0.08%.

The Energy Minister says a temporary ceasefire in key maritime routes could ease pressure on energy prices, while stressing that authorities remain on alert amid ongoing global uncertainty

Inflation is forecast to rise to around 3.0% in 2026, largely due to higher energy prices linked to geopolitical tensions.

Following a rise in the national minimum wage, unemployment benefits have also increased, with payments now tiered according to previous earnings and employment type, affecting around 170,000 registered job seekers

Brent crude hovered near 111 euros per barrel, up 0.7% from the previous session, while West Texas Intermediate settled around 115 euros, marking its highest close since June 2022.

Executives say the aid package provides limited relief to specific industries, with structural energy costs and competitiveness gaps still unresolved.

In an era where productivity and precise time tracking are paramount, smoking, which was once an informal habit, is increasingly treated as a measurable interruption to work.

Supermarket inflation in Greece rose to 2.4% in March, on an annual basis, according to the Institute of Retail Consumer Goods (IELKA). The March index recorded a slight 0.15% drop compared to 1.38% in February, with the aggregate 12-month index (April 2025-March 2026) posting a +1.62% uptick. The highest prices recorded were observed in appetizers, […]

Athens has finalized a two-pillar support package for Greek industry after six months of negotiations with the European Commission, targeting both immediate electricity bill reductions and long-term energy efficiency investments.

The average interest rate on fixed-rate home loans with a duration of up to five years fell to 2.95%, down from 3.13% in January, dipping below the 3% threshold for the first time since early 2017.

According to market sources, Environment and Energy Minister Stavros Papastavrou is expected to convene a high-level meeting later this week with key energy stakeholders.

The improvements were described by Deputy Economy and Finance Minister Thanos Petralias, citing what he called “four reforms in one”

Greece recorded its highest-ever monthly total of out-of-court debt restructurings in March, with 2,879 agreements reached covering obligations of approximately 982 million euros, authorities said. Of those, 650 were concluded under a law that expanded eligibility criteria, requiring creditors to submit mandatory restructuring proposals. Officials said the legislative changes have significantly strengthened debtor protections, enabling […]

In purchasing power terms, Greece's minimum wage ranks 13th across the bloc—highlighting that the issue is not merely the nominal level, but how wages are distributed across the economy.

Ongoing conflict in the Middle East is driving market volatility and shifting investor behavior, as inflows into Greek mutual funds slow and demand rises for safer assets such as bond and liquidity funds.

A new IOBE report highlights the Greek brewing sector’s €576 million direct contribution to the economy, alongside strong tax revenues, employment impact, and shifting market dynamics driven by rising costs and changing consumer habits

All economic data and forecasts, ranging from international institutions to credit rating agencies, local authorities, and financial pundits, presented a sanguine narrative for the Greek economy in 2026. However, the protracted conflict in the Middle East has upended these optimistic projections, which anticipated economic growth to hover upward of 2% in 2026, with Greek authorities even […]

“This is not the end of interventions, but the beginning of continuous support,” the minister said

Consumers in thirty-four countries pay less than a dollar per liter, with Libya ($0.023), Iran (0.029) and Venezuela (0.035) being the cheapest, while Russians pay $0.828 at the petrol station.