In 2007, the Trump Organization explored the possibility of constructing a skyscraper complex and casino at the former Ellinikon Airport site in Athens.

This system calculates the benefit amount under both the current and new frameworks, ensuring recipients receive either the same or a higher amount under the pilot scheme.

The "Easter Basket" which will likely go into effect on Wednesday, April 9, and remain until Holy Saturday, April 19, will traditionally include lamb, goat, Easter bread, chocolate Easter eggs, and other chocolate-based products.

Spanning 17,000 square meters, the shopping center has already leased out 75% of its space, with an average rental price of 85 euros per square meter.

Chevron has formally expressed interest in the offshore area "South of the Peloponnese" and, as of March 26, also for blocks "South of Crete I" and "South of Crete II."

Over 70% of Greece's tax debt is owed by just 9,830 taxpayers, which are mostly large companies.

Following Greece, Italy ranks second with an informal economy comprising 31% of its GDP, while Spain and Portugal both register at 24%. Lithuania, Latvia, and Bulgaria each report a shadow economy size of 20%.

The Bank of Greece has reported a decline in private sector deposits for the second consecutive month.

Goldman Sachs maintains a “buy” recommendation on Greece’s public power corporation (PPC) based on the company’s ongoing transformation, the projected 20% earnings per share (EPS CAGR) for 2024-2027, and robust execution indications, with planned renewable energy additions supported by assets already under construction. The multinational investment bank and financial services company estimates PPC’s financial results […]

Travel expenditures also saw a sharp rise of 30.0%, amounting to 214.7 million euros compared to 165.1 million euros in the previous year.

More Greeks are returning home. Though economic challenges and a persistent brain drain continue to shape the country's migration trends.

Power utility announces data center 'valley' in western Macedonia of 1 GW, with energy of 2.7 GW

Prime Minister Kyriakos Mitsotakis announced that Greece’s minimum wage will increase to 880 euros starting on April 1, 2025. 

How is the Easter bonus calculated? What should an employee do if the bonus is not paid?

Greece's current account surplus decreased by 784.3 million euros in January 2025 to total one billion euros

Fitch’s review on May 16 will be another pivotal moment.

The new gross monthly minimum wage is expected to rise by 5% to 6%, reaching approximately €880, in a country where almost half of employees make less than €1,000 per month.

Ships owned by the Alafouzos family and the NYSE-listed company Okeanis Eco Tankers Corp. (NYSE: ECO) are at the forefront of transporting Russian oil, raising critical concerns about compliance with U.S. and EU sanctions. Evidence of ship-to-ship transfers involving Venezuelan oil and the recent sale of a tanker that ultimately serviced Russian ports further intensifies […]

The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.

Moody’s upgraded the credit rating of the Municipality of Athens, according to an official statement released by the Municipality, reflecting the city’s ongoing financial progress. “The City of Athens looks toward the future with confidence, reinforced by positive ratings that confirm its steady course,” the statement reads. The global firm raised the rating to Baa3 […]