ECONOMY

Why Greek households’ piggy banks stay empty

Why Greek households’ piggy banks stay empty

Bank of Greece data reveal why households are unable to save. Deposits pay 0.37%, while loans cost 4.79%. The double interest-rate trap threatens growth.

Productivity is growing faster than wages in Greece

Productivity is growing faster than wages in Greece

What the budget reveals about wages and productivity. Why purchasing power remains under pressure despite rising wages. A closer look at pay.

Kikilias outlines plan to ease congestion at Rafina port

Kikilias outlines plan to ease congestion at Rafina port

The focus is on scheduling sailings, managing arrivals and departures, and limiting the number of ships in port at any one time.

Pierrakakis: The best investment incentive is a state that works

Pierrakakis: The best investment incentive is a state that works

The finance minister called for closer economic cooperation between Greece and Britain in energy, shipping, technology and education. The UK was the largest investor in 2025, with €5.3bn.

Electricity exports surge 70% in 2026

Electricity exports surge 70% in 2026

Greece is strengthening its position as an electricity exporter in southeastern Europe, with net exports reaching 6.1 TWh in the first eight months of 2026. The trade surplus stood at €475 million.

The 11 measures to bring more homes onto the market and lower rents

Renovations of vacant homes, tax breaks for long-term rentals, restrictions on Airbnb and new housing programmes form part of the government’s plan to increase the supply of homes. The package includes social housing and tax relief.

Why Greek banks are betting abroad again

Overseas operations worth €68bn generate 20% of profits. The geographical breakdown reveals the groups’ strategic aims. Cyprus and Bulgaria are key pillars.

Hoteliers seek tally of inspections and fines for Airbnb rentals

POX calls for a first review of how the relevant regulatory framework, which took effect on 1 October 2025, is being implemented. Letter sent to the Tourism Ministry.

Tourism received an average €1.22bn in loans a year over the past five years

Outstanding loans to accommodation and food service businesses total €10.9bn. Tourism’s next challenge, and the picture on investment, seasonality and staff shortages. An INSETE study.

Well-known nightclub shut for two days over failure to issue receipts

When will November pensions be paid?

New €4m road safety project in Tripoli

How employees are paid for working on the 28 October public holiday

Who is accountable when AI influences business decisions?

Property: The areas where prices are rising fastest in Athens and Thessaloniki

Theodorikakos: Three new SME schemes worth €450m

Applications for old-age and survivors’ pensions to go online in November

Tourism: From strong performance to creating greater value

Papathanasis: €2.3m for energy upgrades to municipal buildings

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