News In English
A Tiny Group of Debtors Owes Nearly Three-Quarters of Greece’s Overdue Taxes
Tax liabilities account for €52.69 billion of that amount, while fines represent €17.31 billion and other nontax obligations €9.27 billion.
Greek Banks Can Weather Severe Shocks, but S&P Flags a Concentration Risk
Greece’s four systemic banks often lend to the same large companies. Their 20 biggest borrowers represent 12% to 18% of gross loans - the highest concentration in the European Union.
Greek MEP Presses EU to Confront Turkey Over Threats to Strategic Power Link
Turkey’s statement came on Oct. 1, the anniversary of the Republic of Cyprus’s independence.
Greek Dairy Prices Jump Again as Milk Shortage Tests Consumers
Greece has been encouraging supermarkets and suppliers to participate in a voluntary price-reduction initiative as households remain sensitive to the cumulative impact of several years of inflation.
Kimberly Guilfoyle Faces Growing Congressional Scrutiny Over Meetings and Energy Diplomacy
Dnews.gr was informed Thursday morning that members of Congress had begun taking steps to examine issues raised by the Journal’s reporting on Guilfoyle and Marafatsos.
Crete Weather Tomorrow: Brief Lull Before Storms Intensify Again on Friday
Crete is bracing for another dangerous turn in the weather on Friday, October 2, with only a brief break expected before heavy rain and thunderstorms begin intensifying again later in the day.
Deadly Crete Floods: Farmer Swept Away as Bridge Collapses and Raging Waters Tear Through Villages
A deadly storm is wreaking havoc across Crete, leaving one man dead as raging floodwaters tear through villages, destroy roads and force emergency crews into a race to rescue people trapped by the rising water.
Crete Flood Disaster: One Dead as Raging Waters Sweep Cars Into the Sea and Destroy Roads
Crete is facing dramatic hours as severe storms hammer the island, leaving one man dead, roads submerged, bridges damaged and entire areas battling rapidly rising floodwaters.
Crete Flood Emergency: Roads Turn Into Raging Torrents as Mud and Debris Sweep Through
In several areas, emergency crews and heavy machinery had to be deployed immediately to clear the debris and restore access.
Crete Storm Intensifies: Heavy Rain Set to Worsen as Weather System Deepens
Severe weather continues to batter Crete, with meteorologists warning that conditions are expected to deteriorate further as a deepening low-pressure system fuels stronger and more persistent rainfall across southern Greece.
Crete on Flood Alert: ‘The Rain We Desperately Needed Could Now Become a Threat’
Crete is facing a growing flood threat as relentless rainfall continues to hit the island, with weather forecasts warning that some areas could receive as much as 150 to 200 millimetres of rain within just 24 hours.
Crete Floods: Deadly Storm Batters Island as Homes Flood and Cars Are Buried in Mud
Severe weather continues to sweep across Crete, with forecasts warning that conditions could intensify in the coming hours. A livestock farmer has been found dead in Rethymno, while torrents of mud have turned roads into rivers and large areas have been flooded.
Greek Composer Stavros Xarchakos Moves to Trademark His Name
The filing represents an effort to establish a broad legal perimeter around the commercial use of Xarchakos’s name.
Greece Courts Foreign Capital With Fast-Track Investment Incentives
The initiative reflects Athens’s broader effort to turn the surge in foreign investment seen in recent years into longer-term productive capacity.
Three Bidders Line Up for Greece’s 22 Regional Airports
The tender covers the management, operation, development, expansion, maintenance and commercial exploitation of 22 airports under a single concession.
Crete Braces for Extreme Rainfall as Greece Puts Island on Red Alert
The country’s Risk Assessment Committee said the heaviest rainfall is expected in northern and northwestern Crete, raising the threat of flash flooding.
Greece Tightens Rules on Political Ads, With Heavy Fines Ahead of Elections
Publishers will have to maintain required records, clearly label political advertisements and provide transparency notices identifying relevant information about campaigns
Greece’s Tax-Cut Package Heads to Cabinet as Inflation Erodes the Gains
At the center of the overhaul are lower income-tax rates for people earning more than €10,000 a year, with larger reductions for families with children.
Complaint Alleges Greek Political Poll Was Ready Before Data Collection Ended
The complainant submitted screenshots and other digital records that it says show survey graphics being viewed shortly after midnight on Sept. 28.
Competition Concerns Mount in Greece’s Crucial Ferry Market
The investigation, launched in April 2025, examined competition, connectivity and the long-term viability of a sector that serves both residents and one of the world’s biggest tourism markets.
The Geography of Greece’s Building Boom Is Shifting
Private construction activity strengthened in most Greek regions in the 12 months from July 2025 through June 2026, according to the Hellenic Statistical Authority.
Greek Bond Yields Jump in a Week, With 10-Year at 4.46%
Greece’s five-year yield climbed roughly 21 basis points to 3.885%, while the 15-year yield increased nearly 26 basis points to 4.546%.
Bank of Greece Sets Framework for Counting the Cost of Cyberattacks
The Bank of Greece has also established a standardized reporting template, to be submitted upon request. It will detail each major incident, gross costs and losses, and financial recoveries.
EU Audit Exposes Deep Flaws in Greece’s Vocational -Training System
Among their most consequential findings were procurement requirements that effectively prevented training companies elsewhere in the EU from competing for Greek contracts.
Greece Braces for a New Wave of Price Increases in Food, Energy and Services
Consumers are starting from an already elevated base. Food prices in Greece in August were 36.35% higher than in August 2020 and 24.5% above March 2022 levels.
Rising Home Prices Leave Greece’s Troubled Borrowers in a Bind
Consider a home valued at €200,000 a decade ago that might now fetch €350,000 or €400,000.
The WSJ Puts Guilfoyle—and the Interests Behind the Vertical Corridor—Under the Spotlight
The Journal’s more provocative contention is that Guilfoyle’s approach to diplomacy risks blurring the boundaries between official U.S. policy, personal relationships and private commercial interests.
Tikun Olam Greece Swings to Profit as Sales Surge and Licensing Deal Is Scrapped
Operating profit, or EBIT, climbed to €5.32 million from €1.54 million, pushing the operating margin to 36.5% from 18.6%.
Six Dead After Explosion Levels Historic Building in Central Athens
«Unfortunately, the worst scenarios were confirmed» Doukas said after the sixth victim was recovered.
Foreign Defense Giants Build a Foothold in Greece—and Raise the Stakes for Oversight
U.S. defense companies have an established position.
Greece Collects More Taxes as Higher Prices Squeeze Households
Value-added tax and excise duties generated €25.2 billion ($29.6 billion) in the first eight months of 2026, or 50.9% of Greece’s €49.5 billion in total tax receipts