Business

Greece Prepares Nearly €60 Million Ferry Support Plan to Keep Prices Stable

Greece is preparing a support program worth nearly €60 million ($69 million) for the country’s ferry industry as rising marine fuel costs increase operating expenses and raise concerns about higher ticket prices. The government aims to help ferry companies absorb...

Is Greece the New Dubai for the Indian Rich?

A long report in Business Today, a leading Indian fortnightly business magazine, recently examined how Greece is rapidly emerging as a premier destination for high-net-worth Indians (HNIs). The report compared the rising interest of HNIs in Greece and compares it...

Greece Launches Nuclear Energy Debate as Power Needs Grow

For decades, nuclear energy was considered politically untouchable in Greece. Scarred by memories of the 1986 Chornobyl disaster and blessed with abundant sunshine and wind, the country instead focused on renewable energy while rejecting domestic nuclear power. That long-standing consensus...

Avoid the Crowds on These Tranquil Greek Islands

How would you like to visit a beautiful Greek island inhabited by fewer than two hundred people? Some of the islands we are about to look at have so few people, that the mode of transportation is by donkey,...

Greece Bets on Mega Casinos

Greece’s casino industry is undergoing a major transformation, with high-profile investments and relocations redefining the market. While casinos now account for a smaller share of the broader gambling sector, with the total Greek gambling market reaching $31.5 billion (€29.2 billion)...

Nearly Half of Greeks Unable to Afford a Week-Long Vacation, Eurostat Reports

Nearly half of all Greeks reported they could not afford a week-long vacation away from home in 2025, according to new data from Eurostat. With 46.6% of the population affected, this placed Greece among the worst-off countries in the...

Average Monthly Earnings Continue to Rise in Cyprus

Average gross monthly earnings in Cyprus increased by 3.7 percent during the first quarter of 2026, reaching €2,601 (about $2,960), according to provisional figures released by the Cyprus Statistical Service (CYSTAT). The increase marks continued wage growth across the Cypriot...

Greece Enters Global Gallium Market With Major US Supply Deal

A planned gallium production facility in central Greece has secured a long-term supply agreement with a major US technology company before commercial operations begin. METLEN Energy & Metals announced on Wednesday that the agreement covers approximately 25 percent of the...

Greek Tourism Minister Visits Salzburg to Discuss Training and Mountain Tourism

Greece's Minister of Tourism, Olga Kefalogianni, traveled to Salzburg, Austria for a series of official meetings. The visit took place at the invitation of an Austrian deputy minister, and the discussions focused primarily on tourism education and mountain tourism,...

UK and Germany Remain Greece’s Top Tourism Markets as Growth Slows in 2025

The United Kingdom and Germany remained the two largest international tourism markets for Greece in 2025, while the United States held its position as the country's leading long-haul source of visitors, according to newly released data from the Hellenic...

Which Athens Neighborhoods Are Most Popular With Tourists?

Athens’ historic center remains the capital’s leading destination for tourists, according to new municipal data that shows visitor activity expanding into nearby residential neighborhoods. Tourism remains most concentrated in the Commercial Center and the districts of Monastiraki-Plaka, Psyrri-Koumoundourou, Makrygianni, and...

Greece Ranks Among Countries With Highest Debt-to-GDP Ratios

New figures from the International Monetary Fund project that Greece will have one of the world's highest debt-to-GDP ratios in 2026. The country's government debt is expected to amount to nearly 137% of its total economic output, placing it...

Thalassocracy: Greece’s Connection to the Sea

If you’ve ever spent time on a Greek ferry, especially the old-school boats where you can stand on deck and enjoy the scent of the salt and sea, you begin to understand why Greece, shaped by a long history...

Cyprus Enters Gas Export Market With Eni’s Cronos Development

On Tuesday, Eni announced that it has reached the Final Investment Decision (FID) for the development of the Cronos gas field in Cyprus’s Exclusive Economic Zone (EEZ), aiming to bring the country’s first natural gas to market in 2028. According...

From Island Shores to Mountain Peaks: Five Greek Villages Seek UN Tourism Recognition

From the beaches of Syros to the fir-covered slopes of the southern Pindus range, five Greek communities hope to join UN's Best Tourism Villages network. Following an evaluation of applications submitted by local municipalities, the Greek Tourism Ministry selected Galissas,...