Business

Tourism Boom Faces Climate and Overtourism Risks, Bank of Greece Warns

Greece’s tourism boom faces growing risks from climate change and overtourism, the Bank of Greece warned in its Monetary Policy 2025-2026 report, stressing that both challenges could weaken the sector’s long-term sustainability. The central bank also cautioned that Greece’s strong...

The €5,000 Acropolis Experience: After-Hours Privacy for Elite Travelers

Greece is offering a profound encounter with history as the Acropolis has opened its gates exclusively to ultra-small groups of one to five people, granting private access during hours when the archaeological site is closed to the general public. This...

Stournaras Sworn In for Historic Third Term Leading Bank of Greece

Yannis Stournaras has been sworn in for a third six-year term as governor of the Bank of Greece, making him the country’s longest-serving central bank chief since the restoration of democracy in 1974. By the time his new term ends...

From Waste to Wellness: How Crete’s Avocado Crop is Fueling a Zero-Waste Future

In the fertile landscapes of western Crete, avocados have become one of the region’s most dynamic crops, and one local entrepreneur is proving that even imperfect fruit can become a symbol of sustainability, innovation, and social impact. By Isabella Zampetaki On...

Binance Halts Push for Greek Crypto License

Binance, the world's largest cryptocurrency exchange, announced on Wednesday that it withdrew MiCA application in Greece and pursue authorization in another EU Member State. MiCA, which stands for Markets in Crypto-Assets, is a comprehensive set of regulations introduced by the...

Elon Musk Loses Trillionaire Status After Drop in SpaceX and Tesla Stocks

Elon Musk loses trillionaire status this week after sharp declines in SpaceX and Tesla shares cut deeply into his fortune, less than two weeks after he first crossed the trillion-dollar mark. Forbes put his net worth at $970.2 billion as...

Greece Joins US-Led Pax Silica Alliance to Secure AI and Chip Supply Chains

Greece has formally joined Pax Silica, a US-led initiative aimed at strengthening cooperation among trusted partners in AI, energy, semiconductors, critical minerals and secure technology supply chains. The declaration was signed on Tuesday, June 23 at the US State Department...

Greek AI Startup Fully Acquired by Regional Fintech Leader Foodics

The Middle East and North Africa (MENA) restaurant technology provider Foodics has finalized its full, 100% acquisition of Greek-based Norma AI, a startup specializing in analytics for the hospitality and restaurant sectors. The transaction marks the final step following...

Greece’s Tax Auditors Uncover €3.1 Million Tax Evasion Case in the Cyclades

Greece's tax auditors uncovered a €3.1 million ($3.5 million) tax evasion case involving a real estate agency and a construction company in the Cyclades after a review of their 2024 tax filings revealed major undeclared income. Inspectors from the Directorate...

Amazon to Open Local Cloud Hub in Athens as Greece’s Digital Demand Grows

Amazon will open a local cloud hub in Athens in July 2026, giving businesses and organizations in Greece access to selected cloud infrastructure closer to their users. The project, officially known as an AWS Local Zone, forms part of...

Two Destinations in Greece Rank Among Europe’s Top 20 for 2026

Greece has earned two spots in Europe’s Top 20 destinations for 2026, according to the latest ranking by European Best Destinations, one of the continent’s most closely followed annual travel surveys. Each year, the organization combines expert evaluation with large-scale...

How Israeli Corporate Giants Anchored Themselves in Greece

Over the last few years, relations between Israel and Greece have evolved far beyond politics, as capital from Israel has quickly become one of the most dynamic engines of the Southern European nation's economy, driven by a massive influx...

The Axios Delta: Thessaloniki’s Floating Community and Mussel Farming Haven

A unique floating village of fishermen's huts has been established in the Axios Delta, which serves as a sanctuary for the mussel farmers of the Chalastra Municipality, operating under its own distinct rhythm. Born out of the necessity for...

Greece’s Tourism Revenue Rises 37% in First Four Months of 2026

Greece’s tourism sector entered the summer season with strong momentum, as travel revenue rose sharply in the first four months of 2026 and April receipts exceeded €1.1 billion ($1.26 billion). According to the latest Bank of Greece data, travel receipts...