All entries related to Greece, newest first. tag:eurotrack.ai,2026:en:en/countries/greece 2026-10-31T06:00:00Z Eurotrack tag:eurotrack.ai,2026:4f002db9:en 2026-10-31T06:00:00Z

Repairs to the Thessaly rail lines damaged by the storms of autumn 2023 are running late: the Athens–Thessaloniki main line is now due to be finished at the end of October 2026 (announced on 26 August 2026) and until then allows only limited operation, while the branch lines Paleopharsalos–Kalambaka and Larissa–Volos, which are to be upgraded in parallel, have seen no traffic since 2023 and no current information is available. In January 2026 Minister Kyranakis told a parliamentary committee that a journey time of 3.5 hours between Athens and Thessaloniki could be reached by 2027, which besides the repairs requires ETCS Level 1 along the whole route and the new Hellenic Train trains. The newspaper Ethnos considers a case-by-case review of level crossings, the stalled four-track undergrounding of the line in Athens-Sepolia, the complete renovation of about 50 km between SKA and Inoi and a plan for Larissa to be necessary as well. The date is a placeholder: the article gives only the end of October 2026, and the last day of the month is used. (LOK Report, 19 Jan and 26 Aug 2026) — Sources: https://www.lok-report.de/news/europa/griechenland/griechenland-reparatur-der-bahnstrecken-in-thessalien-verzoegert-sich.html · https://www.lok-report.de/news/europa/griechenland/64484-griechenland-athen-thessaloniki-in-3-5h.html

tag:eurotrack.ai,2026:a078a7c2:en 2026-10-08T06:00:00Z

From 102 applications in the second call, the Commission selected 46 further projects: eight on extraction, 11 on processing and 19 on recycling, plus eight integrated projects. They include seven lithium, 12 nickel, 10 cobalt and four rare earth projects. Of the first 2025 list, 25 projects have so far completed their environmental assessment and 17 hold a construction permit; the Commission announces a new call for the end of 2026 (European Commission, 8 Oct 2026). — Sources: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_2113 · https://ec.europa.eu/commission/presscorner/detail/en/fs_26_2115

tag:eurotrack.ai,2026:15ee5260:en 2026-09-25T06:00:00Z

Greece's Ministry of National Economy and Finance and Ministry of Development have substantially increased, by joint ministerial decision, the funds for projects classed as 'Strategic Investments': instead of the €43.55m set in March, around €82m is available for 2026, of which €31.24m (+32.6%) as tax exemptions and €50.74m (+153.7%) as grants. Spending is spread across several years, with around €15.37m earmarked for 2028, for example (Capital.gr, 25 September 2026; second source: Economix.gr, 25 September 2026). — Source: https://www.capital.gr/oikonomia/4019478/stratigikes-ependuseis-auxanontai-sta-82-ekat-euro-oi-enisxuseis-to-2026/

tag:eurotrack.ai,2026:d208fe4e:en 2026-09-23T06:00:00Z

Greece's Development Ministry has submitted the bill "New incentives for foreign direct investment, restructuring of the Directorate for Direct Investment and other provisions" to parliament. According to the explanatory memorandum, it is to create a specific, coherent and functional framework for foreign direct investment in key sectors; no details on incentive amounts were given (source: BusinessNews.gr, 23 September 2026; also Capital.gr). — Source: https://www.businessnews.gr/politiki/item/347399-vouli-katatethike-to-nomosxedio-gia-tis-ameses-ksenes-ependyseis

tag:eurotrack.ai,2026:14491563:en 2026-09-22T06:00:00Z

British software investor Hg is acquiring 70% of ENTERSOFTONE (ES1), a Greek provider of business software and e-invoicing solutions, valuing the company at just over €1 billion; Olympia Group, Imker Group and management remain minority shareholders. It is Hg's first investment in Greece; ES1 serves more than 90,000 customers (ERP, CRM, payroll, e-invoicing). The price for the stake was not disclosed separately; valuation as reported (source: OT.gr, 22 September 2026; Entersoft press release, 22 September 2026). — Source: https://www.ot.gr/2026/09/22/epixeiriseis/hg-capital-i-vretaniki-etaireia-apokta-to-70-tis-entersoftone/

tag:eurotrack.ai,2026:8a0840a4:en 2026-09-22T06:00:00Z

According to press reports, the Greek customs authorities are allowing COSCO, the operator of the Piraeus container port, to send containers arriving by sea straight on by rail within Greece and the EU without customs treatment on the spot; inspection takes place only at the destination. The aim is to speed up above all transports from non-EU countries via Piraeus; whether the rail infrastructure can cope is an open question. (LOK Report, 22 Sep 2026) — Source: https://www.lok-report.de/news/europa/griechenland/griechenland-vereinfachte-zollabfertigung-am-containerhafen-piraeus.html

tag:eurotrack.ai,2026:4880f328:en 2026-09-18T06:00:00Z

Greek utility PPC and Amazon Web Services signed a binding memorandum of understanding for a data centre campus at the Agios Dimitrios site in Western Macedonia: 300 MW in the first phase by the end of 2028, expandable to up to 1 GW by 2031, with a 15-year lease to AWS once completed. PPC's initial investment is €1.2bn and the overall plan including renewable capacity around €5.7bn (PPC cites €5.8bn for the full scheme); the company targets an EBITDA contribution of €170m in 2030 and a ROIC of 12 to 14 %. The project remains subject to final negotiations, due diligence and regulatory approvals (newmoney.gr and radar.gr, 18 Sept 2026; project outline previously reported by Naftemporiki, 17 Sept 2026). — Source: https://www.newmoney.gr/roh/palmos-oikonomias/energeia/i-dei-vazi-tin-kozani-ston-charti-ton-evropaikon-data-centers-me-ti-sfragida-tou-bezos/

tag:eurotrack.ai,2026:85c8b38d:en 2026-08-28T06:00:00Z

On 28 Aug 2026 the European Commission adopted Greece's Social Climate Plan for 2026–2032, the fifth and so far largest national plan under the Social Climate Fund; it mobilises €4.77 billion by 2032 (€3.57 billion from the EU, €1.2 billion national) and is meant to cut annual emissions to 811,000 tonnes of CO2 equivalent. It supports 460,000 vulnerable households, including up to 62,000 renovations, 200,000 heat pumps and solar water heaters and 2,800 new social housing units; transport measures include more than 200 electric buses, 22 additional Athens metro trains, on-demand services and charging infrastructure, and €820 million goes to 28,000 vulnerable micro-enterprises. Greece can request its first payment once implementation has begun and milestones are met. (LOK Report, 28 Aug 2026) — Sources: https://www.lok-report.de/news/europa/europaeische-union/europaeische-union-griechischer-klima-sozialplan-unterstuetzt-200-neue-elektrobusse-und-22-zusaetzliche-athener-u-bahn-zuege.html · https://employment-social-affairs.ec.europa.eu/policies-and-activities/funding/social-climate-fund/social-climate-fund-national-plans/greeces-social-climate-plan_en

tag:eurotrack.ai,2026:95ede51a:en 2026-08-27T06:00:00Z

Line 2 of the Thessaloniki Metro runs 11.38 km from New Railway Station in the west to Mikra in the south-east. The extension section between 25 Martiou and Mikra, adding the five new stations Nomarchia, Kalamaria, Aretsou, Nea Krini and Mikra, cost around EUR 570 million and, after repeated delays (originally planned for 2025), was scheduled to open in July 2026; Greek media cited late July, some specifically 28 July, as the opening date. The first section (New Railway Station–25 Martiou) has already been in operation since 2024. Update (27.08.2026): The July date was not met; the extension with its five new stations (about 4.8 km) was inaugurated on 27.08.2026 and opened to passengers at 15:00 the same day, with at least 60,000 daily passengers expected (Naftemporiki, 27.08.2026: https://www.naftemporiki.gr/society/2153910/live-ta-egkainia-tis-epektasis-toy-metro-thessalonikis-pros-tin-kalamaria/). — Source: https://en.wikipedia.org/wiki/Line_2_(Thessaloniki_Metro)

tag:eurotrack.ai,2026:35c5a54f:en 2026-08-07T06:00:00Z

Greek utility PPC (ΔΕΗ) announced on 7 August 2026 a strategic agreement with Germany's ABO Energy GmbH & Co. KGaA to acquire its country subsidiaries ABO Energy Polska and ABO Energy Hungary along with their development teams. The portfolio comprises 29 project companies holding 99 MW of solar capacity in operation or nearing completion plus more than 2 GW of solar, wind and battery storage projects at various stages of development; no transaction value was disclosed. The move follows PPC's recent entries into Hungary (a 57.5 MW solar park) and Poland (a 277.3 MW portfolio) and serves its 2026–2030 strategic plan, which targets expansion into Hungary, Poland and Slovakia. Update (18 Sept 2026): Closing of the Polish leg is now expected in September 2026 and of the Hungarian leg (ABO Energy Hungary) in the fourth quarter of 2026; both remain subject to customary conditions including regulatory approvals. No completion has been confirmed so far (ot.gr, 18 Sept 2026). Update (18 Sep 2026): PPC reported on 18 Sep 2026 the completion of the Polish leg — the acquisition of 17 Polish ABO Energy subsidiaries with solar, wind and storage projects of up to 1.2 GW (including a 17 MW solar farm under construction). The Hungarian leg (project portfolio of around 1.1 GW) is still subject to regulatory approvals expected in the fourth quarter of 2026 (Börse Express, 19 Sep 2026). — Source: https://www.newsit.gr/oikonomia/megales-epixeiriseis/i-dei-ekleise-symfonia-gia-erga-ape-ano-ton-2-gw-se-polonia-kai-ouggaria/4746390/

tag:eurotrack.ai,2026:a7f9dac3:en 2026-08-05T06:00:00Z

Greek construction and infrastructure group AKTOR and oil group Motor Oil signed a binding agreement on 5 August 2026 under which AKTOR acquires 75% of MANETIAL Limited, the parent company of waste management firms ILEKTOR (ELEKTOR) and THALIS E.S. Enterprise value on a 100% basis is put at EUR 300 million; the two companies operate seven waste treatment plants and generated around EUR 40.8 million in EBITDA in 2025. Closing is expected in the first quarter of 2027, subject to antitrust clearance. — Source: https://www.ot.gr/2026/08/05/epixeiriseis/aktor-symfonia-me-ton-omilo-motor-oil-gia-tin-eksagora-tou-75-ton-etaireion-ilektor-kai-thalis

tag:eurotrack.ai,2026:45d347c1:en 2026-08-05T06:00:00Z

French investment group Meridiam becomes majority shareholder, with 66%, of the project company behind the Greece-Cyprus subsea power cable, while Greek grid operator Admie keeps the remaining third. The project is estimated at €1.9bn; whether Cyprus itself becomes a shareholder will only be decided after a financing study by the European Investment Bank, expected by year-end. The sources give no purchase price (Cyprus Mail, 6 Aug 2026; second source: Protothema, 5 Aug 2026). — Sources: https://cyprus-mail.com/2026/08/06/french-investors-entry-gives-great-sea-interconnector-new-momentum-damianos-says · https://en.protothema.gr/2026/08/05/france-strengthens-greece-cyprus-power-link-as-meridiam-acquires-majority-stake/

tag:eurotrack.ai,2026:20fafb08:en 2026-07-25T06:00:00Z

Greek bakery producer Select (Artopoiia Select) has received approval for a €34.949m investment in a new production facility for baguettes and kaiser rolls in the VI.PE.TH. Sindos industrial zone near Thessaloniki. The project falls under the 'Large Investments' regime of Greece's development law; approved aid comes to €13.98m, about 40% of the investment budget, though without a direct grant (financing runs via a leasing subsidy and tax exemptions). It provides for 59 new employee positions, measured in annual work units. Select reported consolidated sales of €43.97m and net profit of €5.64m for 2024. No date was given for construction start or completion — this is an approved investment decision, not a construction start. — Source: https://www.euro2day.gr/news/enterprises/article/2361807/h-select-rihnei-35-ekat-se-nea-monada-sth-sindo-gi.html

tag:eurotrack.ai,2026:5e943fe6:en 2026-07-24T06:00:00Z

With the final roughly 46 km of the northern section opened to traffic on 24 July 2026, the E65 motorway (Central Greece motorway) is now in service along its full 182.1 km; the official inauguration of continuous operation took place a day earlier, on 23 July 2026, in the presence of Prime Minister Kyriakos Mitsotakis. The builder and concessionaire is Kentriki Odos of the GEK TERNA group. Built entirely on a new alignment, the route directly connects the north–south PATHE axis with the Egnatia Odos, linking Central Greece and Thessaly to West Macedonia, Epirus and the western Balkans. The total budget is around €1.4bn, making it one of Greece's largest road construction projects; it comprises 14 grade-separated interchanges plus two half-interchanges, five twin tunnels and 31 bridges. — Source: https://www.mononews.gr/business/i-gek-terna-paradidei-ton-e65-stis-24-iouliou-oloklironetai-o-aftokinitodromos-pou-allazei-ton-charti-ton-metaforon-stin-ellada

tag:eurotrack.ai,2026:96549397:en 2026-07-21T06:00:00Z

As became public on 21 July 2026, brothers Iordanis and Ilias Iosifidis, via Joil Holdings, increased their stake in ISN S.A. — operator of Greece's largest convenience-store chain 4all (around 150 stores) — from 26% to 58.9% by buying the co-founding Goulios family's stake, taking control. According to the report the transaction had been agreed about a year ago but only now became public; no purchase price was disclosed. — Source: https://www.cnn.gr/oikonomia/epixeiriseis/story/544635/eksagora-4all-allakse-xeria-i-megalyteri-alysida-convenience-stores-stin-ellada

tag:eurotrack.ai,2026:38cd542c:en 2026-07-15T06:00:00Z

Follow-up to the package blocked on 13 July: on the 15 July expiry date, ambassadors only agreed to extend the status quo until 23 July; package negotiations were postponed to the following week. Second source: Ukrinform. — Source: https://kyivindependent.com/eus-russian-oil-price-cap-extended-for-a-week-as-sanctions-negotiations-remain-blocked/

tag:eurotrack.ai,2026:0db7fd5c:en 2026-07-11T06:00:00Z

Greek transmission operator IPTO/Admie completed the fourth and final phase of the Cyclades interconnection: 294 km of 150 kV subsea and underground cables (depths up to 500 m) plus four digital substations link Santorini, Folegandros, Milos and Serifos to the mainland grid. Phase D cost €385.7 million, the overall project since 2018 about €825 million (funded i.a. by the EU Recovery Fund and an EIB loan); the islands can now retire their diesel generators. — Source: https://balkangreenenergynews.com/cyclades-islands-including-santorini-get-direct-power-link-to-mainland-greece/

tag:eurotrack.ai,2026:4853ecc9:en 2026-05-30T06:00:00Z

After about three years' interruption, passenger trains have again run from Thessaloniki to Florina in north-west Macedonia since 30 May 2026: two train pairs run via Edessa to Florina and a further pair runs only to Edessa. The Edessa–Florina line had previously been upgraded so that it can be run faster and received improved safety systems; a test run was reported in early May 2026. The border crossing to North Macedonia at Neos Kafkassos/Kremenica, closed for years, was the subject of a question in parliament at the end of January 2026; the line has been renovated on both sides of the border. In addition, the Alexandroupoli–Ormenio line, interrupted by bad weather since the end of January 2026, was due to reopen on 31 May 2026 according to the report; the HEPOS positioning system was installed there. (LOK Report, 30 Jan, 7 May and 30 May 2026) — Sources: https://www.lok-report.de/news/europa/griechenland/griechenland-wiederaufnahme-des-personenverkehrs-nach-florina.html · https://www.hellenictrain.gr/news/anakoinosi-26052026-epanenarxi-sidirodromikis-syndesis-thessalonikis-florinas · https://www.hellenictrain.gr/news/anakoinosi-29052026-epanafora-sidirodromikon-dromologion-sti-grammi-alexandroypoli-ormenio · https://www.hellenictrain.gr/news/anakoinosi-30012026 · https://www.lok-report.de/news/europa/griechenland/griechenland-neue-entwicklungen-in-makedonien.html · https://www.lok-report.de/news/europa/griechenland/64813-griechenland-strecke-alexandroupoli-ormenio-unterbrochen-grenzuebergang-nach-nordmazedonien-bei-florina.html

tag:eurotrack.ai,2026:ee2f1054:en 2026-02-17T06:00:00Z

Under the contract recently concluded with the rail operator Hellenic Train, the Greek state pays EUR 62 million via the infrastructure ministry for services ordered for 2025 that could not run because lines were closed, mainly storm-damaged lines in central Greece and the lines in Macedonia and Thrace. The contract also contains heavy penalties, up to a termination option, and tougher passenger rights: for delays of several hours, travellers can reclaim up to three times the fare. As early as January 2026 parliament's trade committee had debated the contract changes: Hellenic Train continues to receive EUR 50 million for ordered loss-making services but must pay alone for commissioning and staff training for the new Coradia Stream trains (due by 2027). (LOK Report, 16 Jan and 17 Feb 2026) — Sources: https://www.lok-report.de/news/europa/griechenland/65196-griechenland-regierung-zahlt-hellenictrain-62-mio-eur-als-entschaedigung.html · https://www.lok-report.de/news/europa/griechenland/64449-griechenland-parlamentsberatungen-zur-eisenbahn-db-favorit-fuer-den-technischen-leiter-von-ose.html

tag:eurotrack.ai,2026:b19d450a:en 2026-02-02T06:00:00Z

Bulgaria, Greece and Romania intend to apply jointly for EU funding to modernise the Thessaloniki–Sofia–Bucharest rail line and to synchronise planning, permitting and construction; this emerged from a first working meeting with the European Commission at the end of January 2026, which followed up a memorandum on the new corridor signed in December 2025. The Commission holds out Connecting Europe Facility funding for trilateral projects that can be completed by 2030 if proposals are submitted by mid-September 2026. Bulgarian Deputy Prime Minister Grozdan Karadžov named as priorities a third Danube bridge between Ruse and Giurgiu, the repair of the existing Danube Bridge 1 planned for completion by June 2026 together with electrification of an 11 km section from Ruse (contractor to be chosen by year-end), preliminary studies for two further Danube bridges, and the resumption of the Sofia–Thessaloniki train service next year, ten years after the last through train. (LOK Report, 2 Feb 2026) — Source: https://www.lok-report.de/news/europa/bulgarien/64823-bulgarien-griechenland-rumaenien-gemeinsame-finanzierung-fuer-die-eisenbahnstrecke-thessaloniki-sofia-bukarest.html

tag:eurotrack.ai,2026:0bc25fdd:en 2025-12-05T06:00:00Z

The transport and infrastructure ministers of Greece, Bulgaria and Romania have concluded an agreement on a high-quality rail and road axis from Alexandroupoli on the Aegean to Bucharest, which they signed together with EU Transport Commissioner Tsitsikostas. The axis belongs to the Sea2Sea project and the BBA corridor (Baltic Sea–Black Sea–Aegean Sea); alongside trade and tourism, security considerations play a role. Tsitsikostas considers an immediate start possible, although a remark in the report suggests this would initially mean planning work. Beforehand, the Greek transport ministry had negotiated the details of a cooperation memorandum with corridor coordinator Mario Mauro; on the Greek side the focus is the Svilengrad/Ormenio–Alexandroupoli line, which is also of military importance. (LOK Report, 11 Nov and 5 Dec 2025) — Sources: https://www.lok-report.de/news/europa/griechenland/63595-griechenland-bulgarien-rumaenien-vertraege-fuer-den-bau-der-eisenbahn-und-strassenachse-griechenland-bulgarien-rumaenien-wurden-unterzeichnet.html · https://www.lok-report.de/news/europa/griechenland/62960-griechenland-bba-korridor.html

tag:eurotrack.ai,2026:80333483:en 2025-10-13T06:00:00Z

Eurobank is buying Fairfax's 80% stake in Eurolife's life insurance business for €813m in cash; Fairfax keeps its majority of the property and casualty business and in turn takes 45% of Eurobank's Cypriot insurer ERB Asfalistiki for €59m (Fairfax, 13 October 2025). Update (16 July 2026): the European Commission cleared the deal as case M.12485 (European Commission, Daily News, 16 July 2026). Update (29 October 2026): Eurobank has completed the purchase (Cyprus Mail, 29 October 2026). — Sources: https://www.fairfax.ca/press-releases/fairfax-sells-interest-in-eurolife-life-insurance-operations-to-eurobank-2025-10-13/ · https://cyprus-mail.com/2026/10/29/eurobank-completes-e813-million-acquisition-of-insurance-provider-eurolife · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1639