After overnight questioning in Thessaloniki, 34 of the 37 suspects in the major OPEKEPE subsidy fraud case were transferred to Athens under tight police escort.

The suspect has been repeatedly identified as "frappes", referring to the popular ice coffee

Police in Greece have detained 37 suspects in a major OPEKEPE fraud probe, alleging a network used false claims to obtain millions in EU farm subsidies

At the OPEKEPE trial in Athens former president Dimitris Melas and ex-director Athanasia Reppa stand accused over farm subsidy audit irregularities

According to reports, top navy officials have already met with representatives of the shipyards producing the French Scorpene and the Korean Submarine-III, respectively

Greece issues new instructions for heating oil subsidies as the discounted fuel season opens on October 15, ensuring smooth payments to eligible households

Specifically, European Anti-Fraud Office (Olaf) inspectors reportedly scrutinized subsidy and compensation payments over the 2014-2025 period

The annual heating subsidy remains unchanged, ranging from €100 to €1,200 depending on region, with applications opening in November and the first payments expected before Christmas

Vodafone Romania acquired OTE's entire stake in TKRM for a consideration of €70 million

A landmark trial in Crete has opened with 105 defendants accused of using fake leases and forged documents to claim EU farm subsidies worth thousands of euros from the scandal hit OPEKEPE between 2019 and 2023

UBS noted that Greek banks are still trading at a discount to their European peers, with price-to-earnings ratios of 7.9 times for 2026.

The relevant DG AGRI warns of suspension of payments and gives a deadline of Oct. 2 for the submission of a new framework for agriculture subsidies

The judicial freeze is accompanied by referral to the European prosecutor's office of a high-profile case file on results of an investigation into more than one million euros of fraudulently doled out between 2019-24

Nicosia explores a potential partnership with the UAE for a €1.9 billion subsea power link connecting Europe to the eastern Mediterranean, amid ongoing delays and a new European investigation

UBS lowered Greece’s 2025 growth forecast to 2.3% but sees recovery driven by consumption, investment, and tourism, with banks still outperforming the European average.

Authorities are reportedly ready to freeze some 70 bank accounts and safe deposit boxes of 10 suspects, who, in total, received roughly three million euros in fraudulently approved subsidies

A preliminary investigation by the European Public Prosecutor’s Office is underway into €2.5 million in subsidies allegedly received by Greek politician Kalliopi Semertzidou and her family, with anti-money laundering authorities also involved in the probe

The European Commission has already ordered Greece to forfeit nearly €400 million in funding for 2026 — over 20 percent of the direct payments it was due to receive. In response, the government pledged to shut down OPEKEPE by the end of 2026

The development was followed by the resignation of a ND whose name has been prominently linked over the recent period to the OPEKEPE subsidies scandal