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 ...
Tourism under pressure in the Eastern Mediterranean
According to data cited by Reuters, the uncertainty generated by the conflict is resulting in increased booking cancellations, weakened demand for new reservations, and an overall deceleration in tour ...
February marks negative net flow for bank lending
A decisive factor in the overall picture was financing to the general government, which recorded a sharply negative net flow of €2.95 billion, compared to an outflow of €315 million in the previous mo ...

From legacy banks to digital finance: who’s leading the shift
A series of emerging trends indicates that the traditional banking model is coming under intense pressure, while new players are competing for a central role within the financial ecosystem.First a ...
State budget records €898M surplus in January–February
Specifically, according to a related announcement from the General Accounting Office of the State, tax revenues—excluding the one-off transaction of the Egnatia Odos concession—amounted to €11.474 bil ...
Greece unveils €300M package of four economic relief measures
“From the very outset of the conflict in Iran, I stated that the government would take initiatives to create a ‘buffer’ against the consequences of this new major crisis. We acted immediately in the g ...
NSRF allocates €5.8M for nationwide energy efficiency upgrades
Specifically, under these decisions, which fall within the framework of nationwide initiatives for the energy upgrading of public buildings, the following actions are being implemented:Energy upg ...

Funding priorities of the Social Climate Fund
The package of measures targets 1.5 million households and approximately 70,000 very small enterprises, prioritizing those facing energy and transport poverty. These include households struggling to m ...