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 ...
Growthfund Investor Summit 2026: investments and infrastructure in the spotlight
Under the theme “Navigating the New Geoeconomic Order: Greece as a Strategic Hub for Capital and Growth,” this year’s summit aims to highlight Greece’s role as an investment and business hub in Southe ...
ADMIE reports improved financial performance in Q1 2026
Specifically, ADMIE Group’s revenues increased by 18.6% to €133.1 million, while operating profit (EBITDA) rose by 21.5% to €99.2 million and net profit climbed by 27% to €49.1 million. ADMIE Holdings ...
HERACLES Group reaches 550,000 cubic metres of sustainable concrete at The Ellinikon
The Group is playing an active role in the development of The Ellinikon, supporting Lamda Development’s vision of creating a sustainable, technology-driven urban destination. Since July 2023, it has s ...
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 ...
Older residential properties led buyer demand in 2025
According to data released by the real estate group, of all property transactions completed in Greece in 2025, 74.8% involved residential properties, 14.3% plots of land, 5.8% agricultural land parcel ...
AVAX Group maintains €2.6B project backlog
Specifically, according to an announcement by the AVAX Group, the following were recorded:Revenue increased by 17% to €208.4 million, compared with €177.7 million in the same period of 2025.E ...
EBRD: Central Asia and Mongolia emerge as growth leaders for 2026–2027
According to the report, the economies of Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan, and Uzbekistan are expected to grow by 5.6% in 2026 and 5.3% in 2027, recording the strongest perf ...
IELKA: Supermarket inflation at 1.14% in May
The survey, which is based on the analysis of actual sales data from major supermarket chains, records an increase in the price index of 1.14% in May 2026 compared with the same month in 2025. On a mo ...
IOBE: Greek economic sentiment improves in May
According to the Foundation for Economic and Industrial Research (IOBE) Economic Sentiment Survey, the improvement was driven by stronger expectations in industry and construction, as well as an incre ...
Large-scale housing fund to invest across Europe
The new investment vehicle secured capital commitments exceeding €2.7 billion, confirming strong international investor interest in the European rental housing market.Overall, the fund provides Gr ...
Greece’s unemployment rate at 9.5% in April 2026
The number of unemployed persons amounted to 452,305, an increase of 26,607 people compared with April 2025 (6.3%) and a decrease of 49,471 people compared with March 2026 (9.9%).By gender, the un ...
IMF: The Greek housing paradox, why affordable housing remains out of reach
The above findings are highlighted in the IMF’s recent report on Greece, which provides an extensive analysis of the country’s affordable housing crisis.In recent years, property prices in Greece ...
Deadline extension granted for “Spiti Mou II” applications
After this date, it will no longer be possible to approve new applications for inclusion in the program, while the electronic issuance of the eligibility certificate through the Greek government’s Uni ...
How Lamda Development plans to use the €350M bond proceeds
The new issuance forms part of the Group’s broader financial strategy and is primarily aimed at refinancing existing debt while further strengthening the company’s financial flexibility.According ...