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Tag: Economy
Greece Retains U.S. Coast Guard QUALSHIP 21 Eligibility Through June 2027
Greek-flagged ships recorded no U.S. safety detentions in 2025 and a three-year detention rate of 0.44%, keeping Greece among 22 flag administrations eligible for the program.
Greece Secures Temporary Exemption for Russian LNG Shipping in EU Sanctions Deal
The narrow carveout protects qualifying prewar contracts tied to Dynagas, caps shipments at 2025 volumes and leaves the EU’s January 2027 import ban intact.
ETS2 Explained: Why the EU Is Putting a Carbon Price on Fuel and Why Greece Objects
Greece is challenging a new EU carbon market (ETS2), which aims to cut emissions but may raise household costs and affect fuel taxes and state revenue.
NBG Warns Air Dependence Leaves Greek Tourism Exposed
Greek tourism is still growing, but the National Bank of Greece says its heavy reliance on flights makes the sector vulnerable to fuel spikes, air disruptions, and pressure from its main European markets.
Peloponnese Entrepreneurs Can Apply for THI-Backed Loans Up to €25,000
Entrepreneurs in Messinia, Laconia and Arcadia can apply through September 30 for fixed-rate financing, training and ongoing business guidance.
Greece Looks Wealthier on Paper, but UBS Data Shows Pressure on Typical Households
UBS data places Greece in the global top 30 for average wealth per adult, but the median figure tells a more familiar story: property wealth has risen while many households remain short on cash.
Why Greece Has Empty Homes and Still Cannot House Its People
Greece has hundreds of thousands of closed homes, yet many people still cannot afford housing. A new KEFIM study explains why empty homes are not always available homes.
Beyond Tourism: Greece’s Quiet Manufacturing Rebound
Greek manufacturing output rose about 25 percent from 2019 to 2025, far ahead of the EU average. The rebound is real but uneven, and it complicates the usual story of Greece’s economy.
Destination Weddings Give Greece a Different Kind of Tourism Opportunity
A Focus Bari study estimates Greece’s destination wedding market could reach €2.43 billion annually, pointing to a higher-value tourism opportunity beyond the usual island postcards.
Renting Out a Home in Greece: What Greek Americans Should Know Before Listing It
A practical guide for Greek Americans renting property in Greece, covering long-term leases, short-term rentals, AADE declarations, taxes, fees, local rules, and U.S. filing issues.
Greece Breaks Ground on Armed Forces Drone Factory in Malakasa
Greece’s new Armed Forces drone factory in Malakasa reflects a broader push to build, adapt, and produce more defense technology at home.
Greece Joins Pax Silica, Linking AI Ambition to Kozani and Lavrio
Greece has joined the U.S.-led Pax Silica initiative, linking AI, energy, semiconductors, data centers, and secure technology supply chains to its wider strategic role.
