Greece’s public debt moves higher in 2025
At the same time, General Government debt followed a downward trajectory, falling to €362.9 billion from €364.9 billion in 2024, while as a percentage of Gross Domestic Product it stood at 146%, compa ...
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“Housing Renovation” initiative sees overwhelming demand
The program has a budget of €500 million and aims to increase the available housing stock and expand the supply of residential properties through the financing of renovation works and moderate energy- ...
Bank account protection threshold raised under new rules
The new regulations aim to strengthen the protection of depositors and provide greater flexibility for individuals facing difficulties with overdue debts.The most significant measure concerns the ...
IOBE: Industrial activity proves crucial for economic expansion
A decisive contribution to sustaining growth momentum came from exports, which increased by 2.4% year-on-year. Goods exports rose by 2.8%, while services exports recorded an even stronger increase of ...
Signs of economic deceleration reported by CEOs
Signs of a slowdown in CEOs’ business sentiment are recorded by SEV-ICAP CRIF, as the perception of the economy among top executives weakensAccording to the quarterly survey conducted by SEV and I ...
Provisional contractor appointed for the Property Acquisition and Leaseback Agency
According to the findings of the competent committees, a single binding bid was submitted by the economic operator Christofferson, Robb & Co., LLC.Following the review of the submission and co ...
€2.35M in LEADER funding available for public works across Thessaloniki
The calls for proposals form part of the programmes of the Ministry of Rural Development and Food and concern public works and initiatives to be implemented outside the Thessaloniki urban agglomeratio ...
One in three employees works beyond schedule, INE GSEE survey shows
The survey was conducted on a sample of 6,000 employees from across the country, through telephone interviews and stratified random sampling, during the period from 3 November to 9 December 2025.T ...
BoG sees Greek inflation above Eurozone level in 2026
In its Inflation Report, the central bank projects that the Consumer Price Index in Greece will stand at 3.8% in 2026, compared with 3.0% in the Eurozone, with the main driver being the sharp increase ...
ECB raises key interest rates by 25bps
European Central Bank President Christine Lagarde explained during the press conference that the decision was based on three alternative scenarios prepared by the ECB's staff economists: a baseline sc ...
Real Estate Acquisition and Leaseback Agency nears launch
According to sources familiar with the process, following the completion of the tender procedure, the competent committee of the Ministry of National Economy and Finance will evaluate the sole binding ...
IOBE: economic growth fails to close regional development gaps
A picture of an economy that continues to grow while remaining marked by significant regional disparities emerges from the third report on social and economic trends across Greece’s regions, published ...
May debt settlements through out-of-court mechanism rise 65%
According to data released by the Ministry of National Economy and Finance, 2,205 new debt restructuring agreements were completed in May, covering initial liabilities of €564 million and marking a 65 ...
Former Ladopoulos Factory PPP project secures full funding
As noted by the Ministry of National Economy and Finance, the removal of the State’s financial contribution from the Recovery and Resilience Facility (RRF) does not in any way affect the progress of t ...
The new gold rush in Greece: distressed debt
With thousands of small and medium-sized enterprises (SMEs) facing constrained access to bank financing, a new funding ecosystem is taking shape. Investment funds, loan servicers, and specialized inve ...