Greece’s real estate market attracted €12.4 billion ($14.15 billion) in foreign investment between 2019 and 2025 according to data from the Bank of Greece. The figure represents a substantial increase compared with the amounts recorded in earlier years.
From 2002,...
Greece and nine other European Union member states have urged the European Commission to reconsider plans to introduce carbon pricing for road transport and heating fuels, warning that the measure could increase costs for households.
Italy, Poland, Bulgaria, Cyprus, the...
A comparison of consumer prices and wages by Deutsche Bank highlights the growing mismatch between incomes and everyday costs in the Greek capital, where many goods and services are priced surprisingly close—or, in some cases, even exceed—those in New...
Athens recorded the fastest increase in rents among major cities surveyed worldwide over the past decade, according to Deutsche Bank's latest Mapping the World's Prices 2026 report, highlighting the growing pressure facing Greek households despite years of economic recovery.
The...
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...
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...
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...
In the 1990s, the Greek government introduced a series of subsidies for certain categories of public sector employees that, by most standards, seemed excessive or even absurd.
When the Greek Socialist Party (PASOK), led by Andreas Papandreou, won the national...
Greece’s IRIS Payments system has expanded beyond the domestic market, allowing instant cross-border money transfers to selected countries in Europe through the recipient’s mobile phone number.
The service became available at the end of June through EuroPA, the European Payments...
A new edition of the European Central Bank's Household Finance and Consumption Survey, published in mid-2026, reveals where Europe's wealthiest young people live and how their financial position compares across 22 countries.
The findings place Malta comfortably at the top...
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...
