Greece received two positive signals from international credit rating agencies on Friday, as Scope Ratings upgraded its sovereign rating and Moody’s turned its outlook positive.
Scope raised Greece’s long-term rating from BBB to BBB+, with a Stable outlook. Moody’s kept...
At least two European refining customers have been told they will receive no Saudi Aramco crude oil in October 2026 following an attack on Saudi Arabia’s East-West pipeline, Bloomberg News reported citing people familiar with the decision. The reported cuts...
Turkey’s gold-stashing habit is drawing renewed scrutiny from officials who say hundreds of billions of dollars in household wealth remain outside the formal financial system, limiting bank funding and complicating efforts to control inflation and external imbalances.
The practice, known...
Greece posted one of the strongest tourism performances in Europe this year, as shifting Mediterranean travel patterns pushed more visitors toward Southern European destinations, according to UN Tourism.
International arrivals in Greece rose 15% in the first half of 2026...
Nearly nine in ten people in Greece (87.1%) struggled to make ends meet in 2025, the highest share recorded anywhere in the European Union, according to new figures released by Eurostat, the statistical office of the EU. The finding...
Greece now borrows more cheaply than France despite its heavier debt burden, a reversal that reflects sharply different trends in public finances and government funding needs. On Tuesday, Greece's 10-year government bond yield closed at about 4.29%, compared with...
America’s hidden millionaires are not concentrated only in Silicon Valley, Wall Street, or the ranks of famous billionaires. Tax-record research points to a much larger class of wealthy Americans who built fortunes through privately owned businesses, including law firms,...
For most of the last decade, the story out of Greece was who was leaving the country. Now there is a smaller, quieter story about who is actually arriving, and it involves considerably larger bank balances. Chris Rokos, the...
A Greek island is offering families a €3,000 ($3,500) birth grant for every child born there, in a new effort to support young families and strengthen its demographic future.
The Municipality of Nisyros unanimously approved the one-time payment for families...
Greek exports are off to a strong start in 2026, rising 14.9 percent in the first seven months of the year to €32.76 billion, according to provisional data released by the Hellenic Statistical Authority (ELSTAT).
The increase accelerated in July....
Greek service sectors grew steadily over the past year, with six of seven categories showing gains even as real estate activity alone fell sharply by roughly 41 percent, according to seasonally adjusted figures published by Eurostat.
The decline in real...
Billionaire hedge fund manager Chris Rokos is moving his residency from the United Kingdom to Greece, becoming the latest prominent financier to leave Britain as the country grapples with an exodus of wealthy residents following changes to its tax...
Greece maintains high satisfaction levels across digital platforms and social media, with culture, gastronomy, and local hospitality serving as the primary drivers of positive traveler sentiment. Conversely, environmental pressures, infrastructure strains, and sustainability concerns represent the key areas receiving...
Greek Prime Minister Kyriakos Mitsotakis announced a broad program of tax relief, wage increases and social support during his keynote address at the 90th Thessaloniki International Fair on Saturday evening.
Mitsotakis said the government’s objective was to return the benefits...
Eurostat figures show that longer holidays and a strong preference for domestic travel pushed Greece to the bottom of the EU ranking for nightly tourism expenditure.
People living in Greece spent an average of €49.40 per person for each night...
