Buyers of Greek property from the European Union (EU) have invested a total of €1 billion in 2024, a whopping 52.5% increase compared to 2023, according to data from the Bank of Greece (BoG). Foreign buyers are increasingly seeking holiday homes with gardens and swimming pools in regions such as Crete, Rhodes, and the Ionian […]

The Greek economy expanded by 2.3% in 2024 and is projected to grow at a similar rate in 2025, while in 2026 GDP will reach 2.2%, according to the European Commission’s Spring forecast. Consumer spending and investment supported by EU funding are seen as the primary driving forces for the rise in Greek GDP. Inflation […]

AADE is launching audits to identify people who declare 10,000-20,000 euros in income but show heavy consumer spending. “Traps” are being set for anyone who reports low income yet maintains high outlays.

The Greek government's planned pay hike will raise base pay by €30 per month from April, with an extra €100 bonus in July.

Almost 1 in 3 Greeks spend 40 % of their disposable income on housing needs, according to Eurostat data,

Strong demand is evident in short-term rentals (Airbnb-type accommodation) for this summer season, according to AirDNA data.

The driver behind the decision, according to the international credit ratings agency, were a budget surplus of 1.3% of GDP in 2024 and a primary budget surplus of 4.8%

Social participation is equally affected, with 74.8% of children from poor households unable to regularly participate in recreational activities due to financial constraints.

The average price per square meter for newly built properties in the broader Athens-Piraeus area reached 3,706 euros.

The 20-year concession includes the eponymous 72,700-square-meter private beach property in the Vari-Voula-Vouliagmeni municipality

A Bank of Greece (BoG) report assesses the country’s financial stability and recovery are at risk from external factors linked to rising geopolitical tensions and the global resurgence of trade protectionism like tariffs. The May 2025 Financial Stability Report highlights significant improvements in the Greek banking sector, as it continued to exhibit robustness in its […]

Tax revenues amounted to 22.1 billion euros, an increase of 1.455 billion euros or 7% in the first four months of 2025.

New projects are being added to the "Greece 2.0" plan, primarily focusing on enhancing citizen safety and upgrading transportation infrastructure.

The Greek Finance Minister, Kyriakos Pierrakakis, told Mega TV on Thursday that the government was preparing a package of limited measures to alleviate the burden on Greece’s middle class. Pierrakakis said the relief measures would be formally announced by the Prime Minister at the 89th Thessaloniki International Fair (TIF) in September. The minister underlined that […]

Public hospitals remain the primary contributors to the mounting debt, with their outstanding payments to suppliers climbing to 1.489 billion euros in March.

The BoG notes that inflation in Greece remains driven by rising service costs and unprocessed food prices, while energy shows internal disparities.

The Cosco-managed and majority-controlled PPA reported 230.9 million euros in revenues for the year

Some of the holders have challenged the validity of a notice issued by Athens last month to exercise a re-purchase-before-maturation option that settles on Wednesday

The Greek per capita GDP will reach 2007-10 levels in 2033, according to a working paper released by the Budget Office of the Parliament on Tuesday, May 13. The Budget Office put forward two scenarios, according to which the Greek per capita GDP would be commensurate with 2007. In the first case study, assuming a […]

China Leads, Greece holds 6th place, and India and Brazil are significantly increasing their capacities.