New UBS data reveal Greece's widening gap between headline wealth and the financial position of the typical household.
The Swiss bank’s Global Wealth Report 2026 puts average net wealth per adult in Greece at $143,343 at the end of 2025....
A new study has identified the main factors driving Greece's inflation, pointing to weak production capacity, rising costs of imported materials, and corporate pricing decisions as the biggest drivers of higher prices.
The study, led by Dimitris Paitaridis of the...
Greece’s Development Minister Takis Theodorikakos said supermarket prices are expected to remain stable throughout the summer after major food producers and supermarket chains pledged not to introduce new price increases.
The announcement followed an expanded meeting at the Maximos Mansion...
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...
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'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...
The transition from barter to currency in Ancient Greece was a giant step in the history of civilization. The change transformed trade, reshaped political authority, encouraged long-distance commerce, and altered the way Greeks understood wealth, value, and social relationships.
Before...
Greece remained in 50th place in the 2026 IMD World Competitiveness Ranking, according to the latest World Competitiveness Yearbook released by the International Institute for Management Development and presented in Greece by the Federation of Industries of Greece, the...
A wedding in Greece is far more than a simple ceremony—it can be a luxury event that can easily exceed €157,000 ($182,000). With an average of 130 guests traveling and staying for four nights, destination weddings fuel an extensive...
Data from the US Geological Survey reveals that Greece is a global titan in the extraction of industrial minerals. According to a recent USGS report, Greece ranks as the world's third-largest producer of perlite and pumice—accounting for 19% and...
Elon Musk became the world's first trillionaire on Friday after SpaceX closed the biggest stock market debut in history. Bloomberg put his net worth at $1.11 trillion at the end of trading.
SpaceX began trading on the Nasdaq at $150...
OpenAI confirmed Monday it has confidentially filed an IPO with U.S. regulators, joining rival Anthropic as the AI sector moves toward public markets. No timeline, share count, or pricing was announced.
The company said the move preserves the option for...
Loan servicers are freezing interest charges on thousands of restructured household loans in Greece after a Supreme Court ruling raised questions over how debt repayments should be calculated.
Law 3869/2010, commonly known in Greece as the Katseli Law, covers the...
Greece is set to increase the protected bank account threshold from €1,250 ($1,445) to €1,600 ($1,850), allowing debtors an additional €350 ($405) per month to remain shielded from account seizures. The measure, announced in Parliament by Finance Minister Kyriakos...
