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Monthly Archives: August 2025

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Short-term rentals expand at a fast clip

Latest Greek newsBy August 5, 2025Leave a comment

Short-term rentals continue to expand at a rapid clip. In June, available beds in such rentals rose to 1.061 million, or 166,146 more than available beds in hotels.

Greek, Egyptian FMs meet; Sinai in spotlight

Latest Greek newsBy August 5, 2025Leave a comment

Wednesday’s meeting in Athens between Greek Foreign Minister George Gerapetritis and his Egyptian counterpart Badr Abdelatty is considered particularly significant for efforts to resolve pending issues regarding Saint Catherine’s Monastery status.

Greek shipowners lobby the EU

Latest Greek newsBy August 5, 2025Leave a comment

The Union of Greek Shipowners (UGS) has called on the European Union to scrap its Emissions Trading System and its FuelEU directive as soon as the global carbon tax takes effect.

Probing the inconsistent jobless index

Latest Greek newsBy August 5, 2025Leave a comment

The independent statistics authority ELSTAT has set up a working group to figure out the cause of unusual monthly fluctuations in the jobless numbers that, its officials say, do not reflect developments in the labor market.

Two injured in hand grenade explosion outside cafe 

Latest Greek newsBy August 5, 2025Leave a comment

Two men were injured shortly after midnight on Monday when a hand grenade was thrown inside a cafe they were sitting in, in the district of Agios Panteleimonas, in central Athens. 

New electricity pricing plan to reach consumers soon

Latest Greek newsBy August 5, 2025Leave a comment

Consumers will soon be able to choose a new category of electricity bills, the so-called “red invoices.”

Alpha Bank to acquire 100% of Axia Ventures

Latest Greek newsBy August 5, 2025Leave a comment

Alpha Bank and its 100% subsidiary Alpha Finance have announced they have signed a share purchase agreement to buy 100% of privately owned investment banking group Axia Ventures.

Skepticism over Turkish marine parks

Latest Greek newsBy August 5, 2025Leave a comment

Greece has expressed deep skepticism over Turkey’s announcement of marine parks in the Aegean and Eastern Mediterranean, viewing the move as a politically motivated maneuver under the guise of environmental protection.

Mother denies murder charges

Latest Greek newsBy August 5, 2025Leave a comment

A 32-year-old Algerian woman accused of killing her 3-year-old daughter in Palaio Faliro reportedly contacted her embassy to arrange repatriation two days after the child’s death.

Soap maker Papoutsanis reports a 27% increase in profits

Latest Greek newsBy August 5, 2025Leave a comment

Soap maker Papoutsanis said Monday that turnover rose 27% in the first half of the year, to €31.7 million and after-tax profits were up 38%, to €3.2 million.

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