Average price of a holiday home in Greece surged to €450,000

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18.12.2025

A significant shift toward higher-priced and higher-quality holiday homes is being recorded in 2025 among foreign buyers, with the average purchase value reaching €450,000, representing an increase of 37.3% compared with 2024.

EDF power solutions UK appoint METLEN to lead construction of Longfield Solar Farm

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17.12.2025

METLEN has been appointed by EDF power solutions UK the engineering, procurement and construction (EPC) contract for its 400MW Longfield solar farm, one of the largest solar projects in the UK.

TotalEnergies divests 50% of Greek renewables portfolio

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17.12.2025

The French energy company TotalEnergies has agreed to sell 50% of a 424-megawatt portfolio of wind and solar projects in Greece to the Spanish investment firm Asterion Industrial Partners for €254 million.

Two bids for student residences in Western Macedonia

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17.12.2025

Two binding bids have been submitted for the PPP project concerning the construction and operation of student dormitories at the campuses of the University of Western Macedonia, with a total budget of €84.95 million.

€41.2M in RES support for local communities and households

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17.12.2025

Households and municipalities in areas hosting renewable energy (RES) facilities will receive significant financial support totaling €41.2 million for electricity production in 2024.

Europe’s largest Data Center Fund by PIMCO and its vision for Greece

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17.12.2025

PIMCO has successfully closed a €1.8 billion fundraising for the PIMCO European Data Centre Opportunity Fund (EDCO), making it the largest investment vehicle in Europe to date exclusively focused on the development of data centers.

Athens Metro construction: first TBM reaches Evangelismos

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17.12.2025

“Athena,” one of the two tunnel boring machines (TBMs) operated by AVAX for the construction of Athens Metro Line 4, has now completed 90% of its route along the Goudi–Galatsi section.

Addressing affordable housing: the European Commission’s strategy and Greece’s policy response

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17.12.2025

The European Commission presented the European Affordable Housing Plan, an integrated framework of policy measures and financing instruments, on Tuesday afternoon (16 December) in Strasbourg.

Prodea to adopt holding structure with focus on luxury hospitality and logistics

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16.12.2025

Prodea Investments is initiating a comprehensive transformation of its business model, marking the beginning of a new strategic phase following last week’s €1.275 billion asset disposal to the National Bank of Greece and the Papalekas Group. The transaction significantly enhances the company’s balance sheet flexibility and positions Prodea to redeploy capital into higher-growth segments, while strengthening its long-term value creation strategy.

Iktinos closes deal with CBE Capital for Sitia property

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15.12.2025

IKTINOS HELLAS S.A. has announced the completion of the transaction concerning the property located in Sitia Bay, Crete, owned by its subsidiary Iktinos Technical & Tourism S.A., following the signing of a final Asset Management Agreement (AMA) and an Option Agreement in favor of Iktinos with CBE Capital Ltd.

Extension of rail replacement works on Metro Line 2 announced

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15.12.2025

According to STASY, the rail replacement works on the Line 2 section “Dafni – Neos Kosmos” will be extended for two days, specifically on Monday, 15/12, and Tuesday, 16/12.

Marousi Casino to begin operations spring 2028

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15.12.2025

The development of the Voria leisure and casino complex in Marousi, set to host the relocated Mont Parnes casino, is in full swing.

Buying homes with cash: why mortgage lending remains limited in Greece

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15.12.2025

Bank financing remains a marginal component of the housing market, well below EU levels.

Kyriakos Pierrakakis assumes Presidency of the Eurogroup

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12.12.2025

Finance Minister Kyriakos Pierrakakis has been elected president of the Eurogroup, a move carrying significant symbolic weight for Greece and placing him at the helm of the influential body guiding the eurozone’s economic policies.

Greek exports total €4.25B in October 2025

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12.12.2025

Food exports once again led in absolute growth, underscoring their sustained strength in international markets, as October 2025 concluded on a positive note. According to provisional data released by ELSTAT and analyzed by the Institute of Export Research and Studies (IEES) of the Hellenic Exporters Association (SEVE), total Greek exports across all sectors recorded an overall increase.