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[SITUATION] · [ACTIVE]
100 clusters · 164 sources · 58 days · First seen · Last updated
Categories: BUSINESS · CULTURE · POLITICS · HEALTH · TECHNOLOGY
Greek 2026 economy: growth, housing strain, tourism, labor
Entities: Deutsche Bank · Athens
Overview
Greek GDP grew 2 % YoY in Q1 2026, driven by private consumption, investment and an improved trade balance. Employment rose 1.3 % annually, keeping unemployment near 10.6 %; real wages were flat while nominal earnings rose 3.9 % to €18,134.
Tourism revenue surged 25.8 % to €5.32 billion, with arrivals up 20.9 % to 8.57 million. The hotel sector posted a record €12.5 billion turnover, an 8.7 % increase, but the operating season remained under six months and 74 % of rooms continued to be seasonal. Investments in renovations exceeded €1.5 billion, and the number of five‑star hotels more than doubled since 2015. At the same time, the industry faces a staffing shortfall of more than 36,000 unfilled positions, especially in the South Aegean, Crete, and the Ionian Islands.
A June heatwave cut grain output by 191,000 tonnes (‑7.3 %), underscoring agricultural vulnerability. Export volumes are projected to top €55 billion, with non‑oil exports exceeding €36.9 billion.
Student housing pressure intensified: average asking rent for student accommodation rose 5.3 % in Q2 2026, while public dormitories supply only 9,200 beds for roughly 200,000 students. Private rents in university towns range from €200 to €700, and high electricity costs further stretch family budgets. Regional universities reported sharp drops in admissions, attributing low enrollment to high living costs and scarce affordable housing.
Household disposable income grew 3.2 % to €39.13 billion, but the savings rate fell to –3.3 %. In Athens, average net monthly salary of €1,156 now covers a three‑bedroom rent of about €1,163, highlighting an affordability gap that limits consumption and savings.
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] Only four candidates were admitted to the Mathematics Department of the University of Aegean in Karpathos. (2024)
- [● 2 SOURCES] The University of Aegean is planning to include its Mathematics Department in the 4th scientific field to attract more applicants. (2024)
- [● 2 SOURCES] The University of Aegean launched a new master's program in Oenotourism. (2024)
- [○ 1 SOURCE] Several departments of the University of Crete in Rethymno recorded a sharp drop in admission quotas, leaving hundreds of seats empty. (2024)
- [○ 1 SOURCE] In the Philosophy department at Rethymno, only 33 of 129 available seats were filled. (2024)
- [○ 1 SOURCE] In the Philology department at Rethymno, 64 of 198 seats were filled. (2024)
- [○ 1 SOURCE] In the History and Archaeology department at Rethymno, only 40 of 148 seats were filled. (2024)
- [○ 1 SOURCE] High living costs and limited affordable housing were cited as primary reasons for low enrollment in Rethymno universities. (2024)
Timeline
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about 20 hours ago
[BUSINESS] 4 sourcesAthens wages lag sharply behind soaring living costs, study showsDeutsche Bank data show Athens wages at $1,321/month, but rents for a central three‑bedroom flat have surged to $1,330, outpacing pay and driving a housing affordability crisis.
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about 24 hours ago
[BUSINESS] 2 sourcesGreek hotel sector grapples with 36,000 vacant jobsGreece’s hotel industry faces over 36,000 unfilled jobs, mainly in seasonal hotels, with shortages spread across support, admin, sales, marketing and IT roles, especially in key tourist regions.
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1 day ago
[BUSINESS] 3 sourcesGreek hotel sector posts record €12.5 bn revenue while season length stalls at under six monthsGreek hotels earned €12.5 bn, up 8.7 %, but the average season stayed at 5.8 months. Five‑star hotels doubled since 2015, while low‑rank hotels declined; investments topped €1.5 bn.
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2 days ago
[CULTURE] 7 sourcesGreek regional universities see sharp drop in student admissionsUniversity of Aegean admitted just four math students; University of Crete’s Rethymno campuses face many empty seats, blamed on high housing costs and job uncertainty, prompting new programmes and housing plans
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2 days ago
[POLITICS] 2 sourcesGreece's Minimum Admission Base Sparks Student Housing Costs and InequalityGreece's minimum admission score reform left university seats empty, raised student housing costs to €840‑€1,480 monthly, and deepened higher‑education inequality as families shoulder higher expenses and turn ↦
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2 days ago
[BUSINESS] 19 sourcesGreek tax authority reports record early filing of 2025 income tax returnsAADE completed 2025 tax filing on 24 July 2026, recording 6.7 M early individual returns and 385 K corporate returns, with higher pre‑assessment use and a 37 % drop in documentation disputes.
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2 days ago
[BUSINESS] 2 sourcesGreek exports set to break record in 2026Greek exports are expected to exceed €55 billion in 2026, breaking previous records, driven by manufacturing growth and resilient trade despite global tensions.
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3 days ago
[BUSINESS] 2 sourcesRecord Surge of Greek Graduates Moving to Europe in 2025In 2025 almost 14,000 more Greek graduates left for Europe—a 12.1% rise—bringing the total since 2000 to 128,500 and a historic 386,100 Greeks aged 20‑64 abroad; employment abroad is 85.9% while Greece has the
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3 days ago
[BUSINESS] 15 sourcesGreek student housing market faces rising rents and scarce public bedsStudent rents in Greece rose 5.3% in Q2 2026, with median costs of €543 in Athens. Public dorms cover only 4.6% of 200,000 students, forcing many to pay €200‑€700 private rents, especially in tourist cities.
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3 days ago
[BUSINESS] 2 sourcesGreek hotel projects face funding gap as European investors stay bullishGreek hotel projects struggle for funding while European investors remain confident, with most planning to maintain or increase hotel allocations through 2026.
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3 days ago
[BUSINESS] 8 sourcesGreece tourism revenue jumps 25% as heatwave cuts grain harvestGreek tourism earnings rose 25.8% to €5.32 bn in early 2026, while a June heatwave cut grain output by 191 k t, costing about €39 m.
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4 days ago
[BUSINESS] 13 sourcesGreece faces sharp rise in construction material and fuel pricesGreece’s construction material index jumped 4.5% in June, with bricks up 10.2%, while fuel prices broke €2 per litre as Brent neared $100, prompting inflation worries and potential government aid.
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5 days ago
[BUSINESS] 16 sourcesGreece student housing rents surge after university admissions resultsGreek student rents jumped 5.3% after university admissions, reaching €550 in Athens, €500 in Thessaloniki; housing allowance raised to €1,500‑2,500, applications open until 31 July 2026.
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6 days ago
[CULTURE] 2 sourcesGreek Eco‑Resorts and Glamping Sites Boost Sustainable TravelTinos’ Ivy’s Natural Resort and Ioannina’s luxury glamping showcase Greece’s push for eco‑friendly, upscale travel experiences.
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7 days ago
[BUSINESS] 2 sourcesMessinia hotels see 25‑30% drop in occupancy as Greek tourists favor one‑night staysMessinia hotel occupancy dropped 25‑30% as Greeks opt for cheaper, one‑night stays, with family trips now costing about €550.
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7 days ago
[CULTURE] 2 sourcesGreece welcomes international travel groups on cultural toursGreece hosted a ten‑day diaspora senior tour and a luxury trip for Australian travel advisors, highlighting historic sites and island hospitality.
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8 days ago
[BUSINESS] 2 sourcesGreece faces severe labor shortage as foreign workers leave and vacancies riseGreece’s labour market tightens as foreign workers plunge 51 % and vacancies top 31,000, while entrenched unions hinder reforms.
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8 days ago
[BUSINESS] 2 sourcesGreece sees tourism growth yet rising graduate emigrationIn 2024 Greece’s travel participation lagged the EU at 47 %, despite modest growth, while 13,900 more Greek graduates emigrated to the EU in 2025, raising total diaspora to 386,100.
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8 days ago
[BUSINESS] 2 sourcesGreek households sharply cut gold sovereign purchases in first half of 2024Greek investors bought a record‑low 2,095 gold sovereigns in H1 2024 as prices fell sharply, while sellers off‑loaded nearly 14,000.
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9 days ago
[BUSINESS] 2 sourcesGreek airports see 5% rise in passenger traffic in first half of 2026Passenger traffic at Greek airports rose 5% to 33.96 million in the first half of 2026, with aircraft movements up 4.6% and Heraklion airport up 2.1% in June.
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9 days ago
[BUSINESS] 2 sourcesGreek real estate market shows strong resilience, says Alpha CEOAlpha Real Estate Services' CEO says Greece's property market stays strong, driven by tourism, steady demand and favourable banking indicators, with optimism across office, retail, industrial and hospitality.
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9 days ago
[BUSINESS] 5 sourcesForeign tourists dominate Greek hotel stays as locals become minorityELSTAT data show foreigners made up 82 % of arrivals and 89.8 % of overnight stays in Greece in May 2026, while Greeks accounted for 18 % of arrivals and 10.2 % of stays, averaging just 2.2 days.
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9 days ago
[BUSINESS] 3 sourcesGreek Agriculture Exports Reach €2.1 B Record, Led by Feta and Olive OilGreece’s agri exports hit a €2.1 bn record in 2025, while the UK holds a webinar to guide meat exporters on Japan’s import rules.
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9 days ago
[BUSINESS] 3 sourcesGreece's Cruise Industry Gains Momentum Amid Strong Mediterranean DemandGreece’s 2024 cruise season is positive, but sustained growth needs stable planning, infrastructure and clear rules, says industry chief George Koupenas.
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10 days ago
[BUSINESS] 4 sourcesGreek student housing rents climb up to 8% amid shrinking supplyGreek student rents have risen 6‑9% in major cities, up 70‑75% since 2017, with 98% of units above €400/month and supply tightening, especially in tourist areas.
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10 days ago
[BUSINESS] 3 sourcesAthens grapples with high living costs as tourism competitiveness remains uncertainAthens' wages are 24% of U.S. levels while its cost of living hits 62% of U.S., with rent up 144%; the city also ranks 88th in liveability and must boost tourism amid AI, climate and geopolitical challenges.
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11 days ago
[BUSINESS] 4 sourcesGreece’s Youth Unemployment Rate Far Above EU AverageAround 20 % of Greek 18‑29‑year‑olds with secondary or higher education are unemployed, vs 8 % EU average; NEET rate 13.6 % (2025) exceeds EU 11 %, especially in islands and among women.
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11 days ago
[BUSINESS] 2 sourcesCOSCO SHIPPING’s OLP A.E. and Greece’s National Technical University sign port innovation MoUCOSCO SHIPPING’s OLP A.E. and NTUA signed a MoU to advance smart‑port research, digitalisation and sustainability at Piraeus, aiming to boost Greece’s maritime competitiveness.
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11 days ago
[BUSINESS] 14 sourcesGreek airports record 5% passenger growth in H1 2026Greek airports saw a 5% rise in passenger numbers in the first half of 2026, with UPA airports up 6.2% and Fraport regional airports handling 5.6 million passengers in June.
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11 days ago
[BUSINESS] 4 sourcesGreek Exports Grow 20.9% in Early 2026 Amid Global CrisesGreek exports jumped 20.9% in May 2026, reaching €22.9 bn Jan‑May, with a 9% trade‑deficit cut and limited impact from US tariffs, highlighting resilience amid global crises.
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12 days ago
[BUSINESS] 6 sourcesGreece sees soaring rents for students and teachersGreek student and teacher families face steep rent hikes, with Thessaloniki student apartments at €500‑700 and Athens rents up 20 %, while teachers grapple with double housing costs due to mandatory distant‑job
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14 days ago
[BUSINESS] 8 sourcesFraport Greece reports 4.7% rise in June 2026 passenger traffic at regional airportsFraport Greece's 14 regional airports saw 5.6 million passengers in June 2026, up 4.7 % year‑on‑year, driven by international traffic and strong recovery in Middle‑East routes.
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14 days ago
[BUSINESS] 3 sourcesBank of Piraeus and UNHCR graduate 30 refugee women from Greece's Refugee Women AcademyBank of Piraeus and UNHCR helped 30 refugee women graduate from Greece's Refugee Women Academy, part of a program that has trained 273 women since 2023 and aided many into jobs.
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14 days ago
[POLITICS] 2 sourcesGreece's Deputy Minister Papaiannou outlines €737.5 m student housing planGreece's deputy education minister announced €737.5 m for new student residences, boosting housing allowances but noting current shortages and long project timelines.
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15 days ago
[BUSINESS] 12 sourcesGreek hotel sector to receive €1.5 bn in 2025 upgrades, revenue hits €12.5 bnGreek hotels will receive €1.5 bn for 2025 upgrades, revenue reaches €12.5 bn, employment tops 225 k, and tourism contributes up to 30 % of GDP.
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16 days ago
[BUSINESS] 11 sourcesGreek Home Prices Rise in Q2 2026, Growth Slows, Rentals Remain TightGreek home prices rose 6.1% in Q2 2026, a slowdown from 9.7% a year earlier, while rents grew only 1.3%; Athens and Thessaloniki saw modest gains, with the south suburbs and Cyclades staying the priciest areas.
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16 days ago
[BUSINESS] 3 sourcesAthens tourism boom drives year‑round economic surgeAthens' tourism now runs all year, with a record 34 M airport passengers in 2025, 10 % more hotel rooms since 2015 and 26 K short‑term rentals fueling sustained job growth.
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17 days ago
[BUSINESS] 5 sourcesGreece adds 803,000 jobs since 2014 while youth unemployment stays high across EuropeGreece has created over 803,000 jobs since 2014, yet youth unemployment stays high at 18.8 %—well above the EU average—highlighting structural labour‑market challenges.
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18 days ago
[BUSINESS] 2 sourcesGreek SMEs confidence drops as Middle East crisis raises energy costsGreek SMEs' confidence index fell to 13 in April 2026, driven by higher energy costs, but financial health remains resilient with low liquidity problems.
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18 days ago
[BUSINESS] 2 sourcesGreek housing market price growth slows in Q2 2026Greek home prices rose 6.1% YoY in Q2 2026, down from 9.7% a year earlier; rents up 1.3%. Athens and Thessaloniki see slower growth, and banks raise loan‑to‑value ratios to as high as 90%.
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19 days ago
[BUSINESS] 4 sourcesGreece’s air travel chaos amid record tourism surgeGreece’s airports see record tourist arrivals and a 9.2% rise in seat capacity, while flight delays surge 63% due to outdated radar and staff shortages, affecting European air traffic.
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20 days ago
[BUSINESS] 4 sourcesGreek tourism shows modest growth in 2026 despite cost pressures and geopolitical tensionsGreek tourism is forecast to grow 3% in 2026, with hotel occupancy up to 63% in May and room rates rising to €117, despite energy costs and geopolitical tensions; June occupancy in Rethymno fell to 60% but is预计
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20 days ago
[BUSINESS] 6 sourcesGreek student housing rents surge up to 30% in 2026 as overall property prices climbGreek student rents jump up to 30% in Piraeus, while overall home prices rise 6% in 2026; short‑term rentals tighten supply and banks raise loan‑to‑value ratios.
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21 days ago
[BUSINESS] 2 sourcesGreek economy’s reforms and investment trends amid market volatilityGreek businesses face market volatility as the government pushes tax incentives and digital reforms while ECB and Fed policies shape borrowing costs and investment prospects.
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21 days ago
[BUSINESS] 5 sourcesGreek workers see real wages stall despite strong economic growthGreek Fiscal Council data shows real wages barely rose 0.1 % in 2025, leaving workers’ purchasing power stagnant amid high inflation and strong overall economic growth.
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21 days ago
[BUSINESS] 2 sourcesGreece expands experiential tourism and seeks sustainable growth amid rising visitor numbersGreek hotels add cultural experiences as the OECD urges sustainable tourism management after arrivals hit 27 million in 2024.
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23 days ago
[POLITICS] 3 sourcesGreece warns of safety risks as foreign lifeguards hired without proper certificationGreek tourism agencies are hiring foreign lifeguards for 2026 based only on passports, sparking safety concerns due to missing certification and language requirements mandated by law.
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23 days ago
[HEALTH] 5 sourcesGreek island hospitals face critical staff shortages amid tourism surgeGreek island hospitals face severe staff shortages, with key specialties understaffed and operating rooms reduced, jeopardizing patient care amid the summer tourism rush.
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23 days ago
[BUSINESS] 4 sourcesGreece’s rent prices surge, staying among EU’s fastest rises in 2026Greek rents rose 5 % in Q1 2026, the EU’s third‑fastest increase, while apartment prices climbed 5.7 %; tenancy law limits rent hikes to after three years or with contract clauses.
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24 days ago
[POLITICS] 3 sourcesGreece records net return of expatriates for first time since crisisOECD data show Greece saw more returnees than departures in 2023, driven by tax cuts and digital reforms, with 60% of returnees being young university graduates.
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24 days ago
[BUSINESS] 2 sourcesGreece tourism outlook stays positive as air‑link risk flaggedA National Bank of Greece study shows tourism growth stays on track for 2026 but warns that dependence on air connectivity is a risk; French agency Selectour markets all‑inclusive Greek tours from €220.
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25 days ago
[BUSINESS] 12 sourcesGreek commercial property market sees price rise and strong investment activityGreek commercial property prices rose 5‑6 % in 2025, led by Athens, with €2.9 bn of investments and strong foreign interest; Attica land plots have doubled over ten years but growth is easing.
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25 days ago
[BUSINESS] 7 sourcesGreece grapples with high graduate unemployment amid modest economic growthEurostat shows high graduate unemployment in Greece, while Bank of Piraeus notes 2% GDP growth, stable unemployment at 10.6% and inflation easing to 3.9% in June.
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25 days ago
[BUSINESS] 3 sourcesGreek economic climate index rises to 108.3 in JuneIOBE says Greece's economic climate index rose to 108.3 in June, boosted by retail and services optimism, while consumer confidence stayed flat and the Middle‑East conflict remains a key uncertainty.
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25 days ago
[BUSINESS] 2 sourcesGreece tops EU list for graduate unemployment, Eurostat data showsEurostat shows Greece leads the EU in graduate unemployment at ~6%, far above the 3.6% EU average, and also records high NEET rates among youth.
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26 days ago
[BUSINESS] 3 sourcesGreece unemployment rate falls to 8.1% in May 2026Greek unemployment fell to 8.1% in May 2026, with 383,740 idle, down 7.2% YoY and 11.1% month‑on‑month; female rate rose to 11.7%, male fell to 5%, while employment rose to 4.35 million.
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27 days ago
[POLITICS] 2 sourcesWestern Greece allocates €15 million for student housing in AgrinioWestern Greece redirected €15 million of EU funds to build student dormitories in Agrinio, allocating €9 million for private housing renovation and €6 million for public building upgrades to tackle affordable‑h
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27 days ago
[BUSINESS] 2 sourcesGreece’s workforce faces persistent poverty risk and rising temporary‑employment shareIn 2025, 9.7% of Greek workers face employment‑related poverty, above the EU average, while 6.8% hold temporary contracts, with women twice as likely as men.
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29 days ago
[BUSINESS] 3 sourcesGreece's camping equipment sales jump 48% as demand surgesCamping equipment sales in Greece grew 48% and revenue 62% from 2023‑2025, with July the peak month; tents rose 31% in 2024, lighting 15% in 2025, and average order value for tents hit €113 in June 2026.
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29 days ago
[BUSINESS] 7 sourcesEastern Mediterranean tourism sees mixed performanceCyprus tourism revenue fell 35% in April, while Greece’s summer hotel occupancy sits near 70% and Airbnb bookings rise 7.7% for July‑August, indicating mixed trends in Eastern Mediterranean tourism.
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29 days ago
[BUSINESS] 3 sourcesGreek Small Businesses urged to adopt digital tools for growthGreek SME leader stresses digital tools—e‑invoicing, AI, online presence—as essential for survival, productivity and competitiveness, while noting cost, time and skill challenges.
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about 1 month ago
[BUSINESS] 3 sourcesWestern Greece region maximises ESFA funding, declares programme a modelWestern Greece’s ESFA programme reached 95.8% of its €601.7 m target, with €205.5 m already spent on infrastructure, health, social cohesion and a €14.8 m accessible‑housing plan.
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about 1 month ago
[BUSINESS] 2 sourcesGreece's tourism surge drives 48% jump in camping gear sales and higher short‑term rental occupancyGreece's tourism boom saw camping gear sales climb 48% and revenue rise 62% since 2023, while short‑term rental occupancy hit 41% with earlier bookings and higher RevPAN.
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about 1 month ago
[BUSINESS] 3 sourcesGreek tourism shows split growth: short‑term rentals surge while hotels face pressureGreek tourism shows a two‑speed pattern: short‑term rentals up 2 % with higher rates, hotels see falling occupancy and prices, while summer demand and air traffic rise strongly.
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about 1 month ago
[TECHNOLOGY] 2 sourcesAristotle University of Thessaloniki and National Observatory of Athens sign space research pactOn 24 June 2027 the Aristotle University of Thessaloniki and the National Observatory of Athens signed a memorandum to cooperate on space technology, astronomy and climate research, including joint programmes &
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about 1 month ago
[BUSINESS] 15 sourcesGreek workers face stagnant real wages as one‑quarter receive employer food vouchersIn Greece, real wages remain far below pre‑crisis levels, one‑quarter of workers get employer food vouchers, graduate employment hits a EU low, and inflation expectations have eased.
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about 1 month ago
[TECHNOLOGY] 3 sourcesGreece signs research and digital innovation agreements with leading academic and tech bodiesGreece's National Observatory and Aristotle University seal a space‑tech and climate research pact, while SETPE and EKT sign a digital‑innovation agreement to boost AI and data initiatives for tech SMEs.
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about 1 month ago
[BUSINESS] 4 sourcesGreek short‑term rentals see 7% rise in summer 2026 occupancyGreek short‑term rentals hit 41% occupancy in summer 2026, up 7% YoY, with earlier bookings, lower rates and strong growth in Athens, Mykonos and Santorini, but sharp declines after late August.
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about 1 month ago
[BUSINESS] 3 sourcesGreece's audiovisual sector contributes €1.9 billion to economyIOBE's study finds Greece’s audiovisual industry adds about €1.9 billion to GDP, supports ~44,000 jobs, generates €581 million in public revenue, and has seen investment nearly triple since 2013.
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about 1 month ago
[BUSINESS] 2 sourcesGreece's 2026 economy strengthens: central bank outlook and tourism boomGreece’s economy is stronger in 2026, with the central bank reporting fiscal stability and inflation at 3.2%, while tourism receipts jump 37% and arrivals rise 27% early in the year.
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about 1 month ago
[TECHNOLOGY] 3 sourcesGreece’s digital transformation praised internationally while SMEs lagEU reports show Greek SMEs lag in digital adoption, while OECD and EU praise Greece’s overall digital progress, 5G coverage, AI Factory and other initiatives.
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about 1 month ago
[BUSINESS] 2 sourcesGreece sees record tourism numbers amid growing labor shortageGreece's tourism hit record highs in early 2026, with a 9.5% rise in travel receipts and 5.2 million visitors, but the sector struggles with about 85,000 vacant hospitality jobs.
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about 1 month ago
[POLITICS] 2 sourcesGreek government expands digital literacy program for seniors and people with disabilitiesGreece's “All Digital” programme trains seniors and disabled citizens in basic online skills, with classes in Kifisia and plans to expand nationwide, aiming to close the digital divide.
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about 1 month ago
[BUSINESS] 3 sourcesGreece's current account deficit widens to €8.3bn in Q1 2026Greece's current‑account deficit grew to €8.3 bn in Q1 2026, driven by stronger exports and a 27% rise in tourist arrivals, while foreign reserves rose to €21.4 bn.
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about 1 month ago
[TECHNOLOGY] 13 sourcesGreece’s Digital Transformation Receives International RecognitionOECD and EU reports commend Greece’s digital leap: 0.71 score, 99.5% 5G coverage, 59.8% fiber, 94% health‑tech index, but only 51% have basic digital skills.
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about 1 month ago
[BUSINESS] 2 sourcesGreece advances digital innovation and industrial output in 2026Greece’s BEYOND 2026 expo highlighted a push for digital partnerships, while the industrial sector saw production and employment gains in 2026 despite higher financing and energy costs.
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about 1 month ago
[BUSINESS] 3 sourcesGreece sees modest rise in vacant jobs in Q1, ELSTAT reportsELSTAT reports a 0.3% rise in Greek vacant salaried jobs in Q1, from 52,070 to 52,231, signaling labour market stabilization after a previous 26.5% drop.
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about 1 month ago
[BUSINESS] 2 sourcesGreek economy shows resilience amid Middle East tensions and EU fiscal debatesGreece grew 2 % in Q1 2026, led by a 12.1 % investment surge, while inflation rose to 4.9 % amid higher energy costs; EU fiscal debates and Middle‑East tensions add uncertainty.
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about 1 month ago
[BUSINESS] 2 sourcesGreek job market hits record positive balance in April 2026Greece’s April 2026 job market posted a record +145,209 balance, with a net +200,113 jobs in the first quarter – the strongest since 2001.
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about 1 month ago
[BUSINESS] 3 sourcesGreek real estate market draws international investors, spotlight on ThessalonikiInternational investors view Greece’s real estate market as mature, with a Thessaloniki forum highlighting opportunities and a separate study showing neighbourhood yields of 3.5‑7.5 % across the city.
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about 1 month ago
[BUSINESS] 2 sourcesGreece's Q1 2026 GDP rises 2% as investment spikes and current‑account gap widensGreece's Q1 2026 GDP rose 2 % with a €7 bn current‑account deficit; investment jumped 12 % and hospitality‑tourism jobs surged, accounting for 65 % of net hires.
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about 2 months ago
[BUSINESS] 2 sourcesGreece unemployment steadies at 5% as households turn to second jobs amid rising poverty riskGreece’s unemployment held at 5% in April, with national joblessness dropping to 9.5% while many Greeks take second jobs and retirees return to work as poverty risk rises to 27.5%.
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about 2 months ago
[BUSINESS] 3 sourcesGreece sees 5% rise in office prices and 5% in retail in 2025Bank of Greece data shows 2025 office prices rose 5.1% and rents 0.8% nationally, with Athens up 7% and 5.5% respectively; retail prices grew 4.8% and rents 3.6%.
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about 2 months ago
[POLITICS] 2 sourcesGreek unemployment rises to 10.6% in early 2026, sparking political criticismELSTAT reports Greek unemployment rose to 10.6% in Q1 2026, up from 10.4% a year earlier, adding over 113 000 jobless; opposition blames government policies and cites Okun’s law mismatch.
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about 2 months ago
[BUSINESS] 2 sourcesGreek apartment prices rise 5.7% in Q1 2026Bank of Greece reports apartment prices rose 5.7% YoY in Q1 2026, with new units up 6% and older up 5.5%; regional gains ranged from 5.2% in Athens to 6.9% elsewhere.
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about 2 months ago
[BUSINESS] 2 sourcesGreek housing market sees 5.7% rise in Q1 2026, with strong gains in Thessaloniki and the Ionian islandsGreek apartment prices rose 5.7% in Q1 2026, with Thessaloniki up 6.4% and Ionian islands seeing 2.9%‑8.1% gains, fueled by tourism and foreign demand.
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about 2 months ago
[BUSINESS] 2 sourcesGreece sees higher West unemployment and 11% export gain in Q1 2026Greece's Western region unemployment rose to 13.1% in Q1 2026 while national exports grew 11.3%, led by a 35.9% jump in petroleum products.
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about 2 months ago
[BUSINESS] 2 sourcesGreek economy posts 2% growth in Q1 2026 as investments, exports and tax cuts lift outputGreece's Q1 2026 growth hit 2%, driven by investments, exports and tax cuts, while EU oversight eased, boosting confidence and lowering debt risks.
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about 2 months ago
[BUSINESS] 2 sourcesGreece records 2% Q1 growth as investment rises and income inequality persistsGreece posted 2% Q1 growth thanks to investment and exports, while an IOBE study points to high self‑employment, low participation and weak unions as key causes of persistent income inequality.
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about 2 months ago
[BUSINESS] 5 sourcesGreek economy outpaces EU average with rapid growth in Q1 2026Greece's Q1 2026 growth more than doubled the EU average, driven by investment, exports and consumer spending; debt remains high but non‑performing loans fell, and new digital and emergency services were rolled
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about 2 months ago
[BUSINESS] 2 sourcesGreece's GDP grows 2% in Q1 2026 amid mixed investment trendsGreek GDP rose 2% YoY in Q1 2026, driven by domestic demand and recovery‑fund spending; investment jumped 12% YoY but fell quarterly, exports up 2.4%, and forecasts were cut amid Middle‑East uncertainty.
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about 2 months ago
[BUSINESS] 2 sourcesGreece unemployment climbs to 10.6% in Q1 2026; EU green jobs jump 79% in renewablesGreek unemployment rose to 10.6% in Q1 2026, while EU green employment hit 5.8 million jobs, with renewable‑energy roles up 79% since 2014.
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about 2 months ago
[BUSINESS] 5 sourcesGreek unemployment climbs to 10.6% in the first quarter of 2026Greek unemployment rose to 10.6% in Q1 2026, with 508 401 job‑seekers and youth rates up to 35%; women at 13.9% and regional peaks in the South Aegean.
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about 2 months ago
[BUSINESS] 2 sourcesGreek GDP grows 2% in Q1 2026 on surge in private investmentGreece's GDP rose 2% YoY in Q1 2026, propelled by a 12.1% surge in private investment and modest gains in consumption and exports.
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about 2 months ago
[BUSINESS] 9 sourcesGreece earns confidence boost from OECD and EU Commission as growth hits 2% Q1 2026OECD and EU Commission praise Greece’s economy, removing it from macro‑imbalance monitoring; Q1 2026 GDP up 2% driven by 12% public‑investment rise, bond yields at 3.7%, debt projected to fall below 140% of GDP
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about 2 months ago
[BUSINESS] 3 sourcesGreece sees 85,000 tourism job gaps and unemployment rise to 10.6%Greece reports 85,000 vacant tourism jobs, a 40% rise, while unemployment climbed to 10.6% in Q1 2026, with 508,000 people jobless.
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about 2 months ago
[BUSINESS] 3 sourcesGreek Q1 2026 GDP shows marginal growth amid energy price surgeGreece’s Q1 2026 data show marginal GDP growth, a 0.2% drop in manufacturing, rising retail sales, a 0.4% dip in employment, and slower export growth amid higher energy prices.
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about 2 months ago
[BUSINESS] 2 sourcesGreece ranks sixth in EU for involuntary non‑standard employment, 12.5% of workers affectedEurofound data shows Greece has the EU's highest share of involuntary non‑standard employment at 12.5%, affecting women, youth and migrants with lower wages and job security.
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about 2 months ago
[BUSINESS] 2 sourcesGreece's GDP set to grow 1.9% in 2026 amid rising employmentOECD forecasts Greece's GDP to expand 1.9% in 2026, while ICAP CRIF reports a 1.5% rise in employment to 92% of the labour force.
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about 2 months ago
[BUSINESS] 2 sourcesGreece unemployment rises to 9.5% in April 2026, female rate jumps to 13.7%Greece's seasonally adjusted unemployment rose to 9.5% in April 2026, with female unemployment climbing to 13.7% while male unemployment fell to 5.9%, ELSTAT reports.
Sources
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