Greece recorded the highest implicit tax rate on labor in the European Union in 2024, underscoring the scale of the tax burden attached to employment in the country.
The rate reached 44.8 percent, compared with an EU average of 37.1...
Greece beat its fiscal target in the first half of 2026, recording a primary budget surplus of €4.48 billion ($5.1 billion), but most of the apparent overperformance resulted from delayed government spending rather than stronger underlying finances.
According to state...
It used to be all about chasing the light of the sun, but this year, travel has a darker side, and it's all about starry skies and after-dark adventures. Noctourism, which refers to travel focused on nighttime experiences, is...
A group of Greek students is rethinking one of the world's oldest ingredients by creating an innovative salt product that combines Greek Ulva seaweed, Messolonghi salt, and natural ingredients to reduce sodium while preserving flavor.
The project earned European recognition...
Athens International Airport has been named the best airport in Europe among hubs handling more than 30 million passengers annually, capping a period of record growth that has transformed Greece's largest airport into one of the continent's leading aviation...
Most tourists flock to famous Aegean islands such as Mykonos, Paros, and Santorini but overlook some truly spectacular destinations like Syros. This island contains the former capital of the Cyclades, Ermoupoli.
Visitors looking for a different cultural experience and island...
Chris Lazarides, a Greek Cypriot banker who spent decades helping Greek and immigrant entrepreneurs gain access to financing in New York, has died at the age of 91.
Lazarides passed away on July 8 in Florida, according to family and...
Italy's relentless summer heat is beginning to take a toll on one of the country's most famous food exports, as soaring temperatures reduce milk production in the heartland of Parmigiano Reggiano, the protected cheese known worldwide as Parmesan.
Dairy farmers...
Located in the cluster of the Cycladic islands, Paros possesses everything one might dream of when fantasizing about a Greek island vacation: unique beaches with azure waters, fish tavernas, whitewashed houses, and traditional Cycladic churches.
Best places on Paros
Naoussa
Among the...
The world-renowned Navagio Beach on the Greek island of Zakynthos will be extended by 30 meters (aprox. 100 ft) towards the sea with gravel to protect the iconic shipwreck from erosion.
The ship that ran aground off the island's coast...
Hydrogen-powered innovation and long-range exploration took center stage at the 2026 World Superyacht Awards, where Feadship's 118.8-meter (390-foot) Breakthrough was named Motor Yacht of the Year.
Organized by BOAT International, the annual awards are among the yacht industry's highest honors,...
Ten European economies are forecast to grow more than twice as fast as the eurozone over the next five years, according to the International Monetary Fund.
The IMF's April 2026 World Economic Outlook projects eurozone growth of just 1.2% a...
Greek shipping companies reportedly earned at least $3.8 billion from transporting Russian oil over the past three years, despite G7 efforts to curb the Kremlin’s energy revenues, according to a Financial Times analysis based on freight costs, tanker movements,...
Greece will continue repaying the bailout-era loans it received during the financial crisis until 2070, underscoring the long fiscal shadow of the country’s bailout years despite a sharp decline in its debt-to-GDP ratio.
According to the Hellenic Fiscal Council’s Spring...
