The Greek economy is set to experience two more years of strong economic growth, according to Morgan Stanley, with the American-based multinational investment bank forecasting a GDP expansion of 2.2% in 2025—a slight deceleration of just 10 basis points compared to 2024. For 2026, Morgan Stanley projects a notable slowdown in the Greek economy, when […]
The Greek government outlined progress on strategic transport and energy projects, key among them the Thessaloniki flyover.
Roughly 8 percent of all parcels arriving in Greece now come from China, predominantly from AliExpress, with Temu and Shein close behind.
The tax office has issued a final warning to those owing taxes and social security contributions, threatening to publish their names if they don't pay up.
PPC CEO Stassis: Full year 2025 guidance for an adjusted EBITDA of €2bn; adjusted net Income of more than €0.4bn
The average number of transactions per card rose from 107 in 2023 to 122 in 2024. This was largely due to the surge in debit card use, which saw an average of 134 transactions per card, up from 115
The company, once a mighty subsidiary of National Bank (NBG), had recently announced unilateral changes in the way it will compensate beneficiaries in health and life insurance programs
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.