The prolonged uncertainty in the Middle East affected the Greek stock market once again, which shrugged at news of the increased primary budget surplus in 2025 and the new support measures. The attacks two Greek-owned ships suffered at the Strait of Hormuz did not help. Apparently, Athinon Avenue will not revert to normal mode before …
Greece is among the top 10 countries worldwide in terms of the share of Renewable Energy Sources (RES) in electricity generation, with percentages that are twice the European average and nearly three times the global average, according to the annual Global Electricity Review by the think tank Ember. The report analyzes electricity generation data from …
European Union heads of state and government are converging to Cyprus for the Thursday and Friday EU summit, amid an unprecedented mix of challenges for the bloc as the wars in the Middle East and Ukraine rage and the economic outlook appears bleak. This informal summit, the first in this six-month presidency of the European …
Environment and Energy Minister Stavros Papastavrou met with Special Envoy for Energy Integration at the US Department of Energy Joshua Volz in Athens on Tuesday and discussed strengthening and upgrading Greece’s and Southeastern Europe’s energy security. In a social media post, Papastavrou said the meeting followed the coordinated efforts undertaken over the past months – …
No institution is above criticism in a democracy; even the justice system is subject to judgment for its decisions and how it handles cases. The same applies to European institutions, like the European Public Prosecutor’s Office. The criticism, however, needs to be measured and substantiated. It can’t resemble the kind of partisan grandstanding that we’re …
Empty value-added tax returns from businesses with regular activity, “disappeared” traders involved in tax evasion schemes, fictitious invoices worth hundreds of millions of euros and inaccurate income and VAT declarations make up the picture of tax evasion revealed by the audits of the Independent Authority for Public Revenue (AADE) in 2025. Through more than 290,000 …
[Ministry of Culture] Five antiquities dating from the 6th century BC to the 2nd century AD are being repatriated from the US to Greece, the Culture Ministry announced. The objects include two Attic black-figure vessels from the 6th century BC: an amphora depicting Athena and Hermes welcoming Heracles to Olympus and a battle scene, and …
The Strategic Environmental Impact Assessment (SEA) for the AKS Hinitsa Bay Resort in Ermionida, eastern Peloponnese – the development by a company of Irish businessman Paul Coulson – has entered the public consultation stage. Two years after Four Seasons announced it will take over the management and four years after the businessman’s first transaction for …
[Handout/Hellenic Coast Guard] A merchant vessel south of Crete has rescued 38 migrants whose small boat ran into trouble trying to reach the Greek island from north Africa, state ERT television reported Wednesday. The new rescue came as Crete has turned into the main single destination for people from the Middle East and Africa seeking …
The environmental study for the redevelopment of the Hinitsa Bay Resort in the western Peloponnese, a project promoted by Irish billionaire Paul Coulson, has been submitted for public consultation. Two years after luxury hospitality giant Four Seasons announced it would be handling the management and four years after Coulson’s first transaction for the project, the …