Primary surplus in state budget reaches €5.175B
According to the Ministry, excluding €197 million related to the timing mismatch of payments for defence procurement programs, €593 million related to the timing mismatch of investment payments, and € ...
EU wealth rankings: Athens missing from the top tier
The wealth ranking is based on data from Eurostat, processed by DataPulse, where EU regions are ranked according to GDP per capita in purchasing power standards (PPS), an indicator that takes into acc ...
Financial services and real estate capture largest portion of FDI
Foreign Direct Investment (FDI) flows in Greece increased by 69% in 2025 compared with 2024, and were more than 50% higher than in 2022, when the previous record of $8.4 billion had been recorded....
Housing scheme “Renovate” to launch applications at end of May
The new “Renovate” programme is considered one of the most significant housing policy interventions in recent years, designed to maximise the use of the existing building stock and expand the supply o ...
Rise in construction costs for new housing reaches 3.1%
According to data released by the Hellenic Statistical Authority (Hellenic Statistical Authority), the General Index in March 2026 recorded an increase of 0.8% compared with February 2026, against a r ...
Eurostat: Greece records fiscal surplus in 2025
At the same time, public debt in the euro area rose to 87.8% of GDP at the end of 2025, up from 87% in 2024. Across the EU, public debt increased to 81.7% of GDP from 80.7%, respectively, according to ...
Strong 77% growth in mortgage lending in Q1 2026
At the same time, a new acceleration was also observed in consumer credit, shaping the picture of new retail lending production in the first quarter of 2026. More than 117,000 new loans were disbursed ...
Mass tax audits target Airbnb and property sales as fines pile up
Recent data reveal a widespread pattern of discrepancies in both declared income and real estate transactions, highlighting the scale of the issue.According to 2025 figures, 2.46 million declarati ...
Ownership of Starbucks in Greece shifts to new operator
According to the announcement, the position of CEO was held by Yiannis Marinopoulos, who is set to return to the family business. The Starbucks network in Greece and Cyprus, which began operations in ...
Political stability crucial for Greece’s economy, says Bank Governor Stournaras
As he emphasized, “In periods of heightened uncertainty, political stability is a decisive factor for economic resilience. The experience of recent years demonstrates that political stability and a pr ...
Greece to deploy €5.3B via Social Climate Fund to support households and firms
With a total budget of €5.3 billion for the 2026–2032 period, the new scheme comes at a particularly critical juncture, as the European energy market remains under pressure and Greece is just six mont ...
ONEX charts path for 40 tugboats at Elefsina Shipyards
The investment plan concerns the construction of a total of 20 tugboats, with the possibility of expansion for an additional 20 vessels, based on designs from the Canadian firm Robert Allan Ltd., one ...
TMEDE: Konstantinos Makedos continues as President of new committee
Konstantinos Makedos remains in the position of President, while the term of the members of the new Administrative Committee is four years and commenced on April 1, 2026.As noted in the announceme ...
Bank of Greece reports new loans interest rate drops to 4.57%
Specifically, the weighted average interest rate on new deposits remained unchanged at 0.31% compared to the previous month, while the corresponding rate on new loans fell by 7 basis points to 4.57%. ...
MSCI:Athens Stock Exchange set for Developed market status in May 2027
Raman Aylur Subramanian, Managing Director at MSCI, noted that Greece’s transition from Emerging to Developed Market status reflects both the progress achieved by the Greek authorities and the evolvin ...