Shoplifting at Greek supermarkets has surged, costing stores more than €320 million annually, exceeding the sector’s total pre-tax profits as income pressures from years of inflation push households to the breaking point, industry officials say.
Thousands of taxpayers and businesses are due to receive more than €175 million in income tax and VAT refunds, but the disbursement of the funds remains stalled due to a range of administrative and procedural obstacles.
Police in Tirana fired tear gas and used water cannon in clashes on Friday with opposition protesters demanding the resignation of the Albanian government following corruption allegations against the deputy prime minister.
The tax administration (AADE) is prioritizing audits at property sales, inheritances, donations and parental benefits.
The next move by the European Central Bank is more likely to be a rate cut rather than a rate hike, according to Bank of Greece Governor Yannis Stournaras.
A proposal to expand Frontex’s role into security and defense is dividing European Union member-states ahead of a planned revision of the border agency’s mandate.
Public debt stood at €362.8 billion at the end of 2025, down €2.15 billion from €364.95 billion at the end of 2024.
Passenger traffic rose by 2% at the 24 airports managed by the Hellenic Civil Aviation Authority (HCAA) in January compared with the same month in 2025.
Cyprus’ House of Representatives unanimously approved on Thursday a bill to privatize the Cyprus Stock Exchange (CSE).
Smartpress will hold a security and fire safety forum on February 27, at Divani Caravel Hotel, 2 Vassileos Alexandrou, in Athens.