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....
Piraeus Port Authority posts €47.1M in revenue for the first quarter of 2026
At the same time, business segments such as cruise operations, vehicle handling, and ship repair activities continued to serve as key resilience drivers, partially offsetting weaker revenue performanc ...
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 ...
Barclays moves to lower mortgage costs across key products
Specifically, the bank has reduced rates on more than 20 mortgage products, following similar moves by major market players such as HSBC UK, Halifax, Santander UK, and TSB Bank. At the same time, Virg ...
EY’s G. Bitzis: housing challenge cannot be solved with a one-size-fits-all approach
Speaking at the panel entitled “Social Real Estate Models: Addressing the Housing Challenge”, Mr. Bitzis stressed that there is no single, universally applicable “formula” for resolving the housing cr ...
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 ...
Baseline office fit-out costs in Athens at €850 per sqm
According to data from Cushman & Wakefield Echinox, based on the Office Fit-Out Cost Guide 2026, the average total cost of office fit-out reached €1,150 per sq.m., with the highest costs rising to ...
Housing Squeeze: when rent reaches 94% of salary
The housing issue in Greece has emerged in recent years as one of the most critical socio-economic challenges, as housing affordability is deteriorating at a rapid pace. Findings from recent analyses ...
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 ...
AVAX delivers record operating performance with €2.76B backlog
Turnover increased by 47% compared to 2024, a development primarily attributed to the launch of new projects and their transition into an accelerated execution phase, alongside a parallel expansion in ...
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%. ...
Housing Market Constrained: affordability and private debt act as brakes on development
The data from a recent study by IOBE, supported by CEPAL, on private debt depict a scenario of mild deceleration, without, however, undermining the overall upward trend observed since 2017.As note ...
Alpha Bank: Greek industry confronts geopolitical uncertainty
However, this positive trajectory faces challenges from the ongoing war in the Middle East, which is affecting the energy sector and testing the resilience of Greek industry. Ensuring competitive ener ...

Building permits fall by 9.7% in 2025
In December 2025, the issued permits for Private Building Activity nationwide amounted to 2,936 building permits, corresponding to 688,271 m² of floor area and 3,308,282 m³ of volume, representing an ...