- Data Center – U.S. based data center giant Digital Realty has taken delivery of its latest data center in Greece, further cementing the country’s position as a technology hub for Southeast Europe. The 8,600 square meter facility, Greece’s largest, was built near the town of Koropi, east of Athens, and is the fourth data center owned by the company in Greece.
- Greek Shipping – Greek interests operate 5,691 ocean-going ships, constituting 20% of the global and 61% of the European Union fleet, according to the 2024-2025 Union of Greek Shipowners report. Since 2015, Greek fleet capacity has grown by more than 40%, the report notes, adding that shipping contributes 7–8% to Greece’s GDP annually and supports about 160,000 jobs, roughly 10% of private-sector payroll.
- Infrastructure Investment – Greece will need to invest about €29 billion in non-energy infrastructure over the next decade – mainly in road, rail and port infrastructure – in order to respond to demographic changes, climate change and digitalization, says Allianz Research in a recent report. According to the report, Greece will need to invest €21.3 billion in road infrastructure, €3.7 billion in ports, €2.43 billion in rail infrastructure, and the balance in airports, telecom/digitalization, and water supply and sanitation.
- Export Credit – State export credit organization Export Credit Greece and the European Investment Bank have signed a Memorandum of Understanding to establish long-term cooperation supporting Greek businesses in expanding abroad. This partnership aims to promote strategic initiatives like the Global Gateway Strategy, which seeks investment in critical sectors across Africa, the Western Balkans, Asia, and Latin America.
- Economic Confidence – Greek economic sentiment hit a 13-month high in July rising to 109.1 points, up from 106.1 points in June, according to the Foundation for Economic and Industrial Research (IOBE). The improvement reflected stronger sentiment in industry and services, which offset weaker expectations among consumers.
- Greek Banks – Greek banks performed well in Europe-wide stress tests administered by the European Central Bank, showing clear improvement from 2023. The average CET1 capital depletion over three years was just 1.37%, down from 2.26% and well below the European Union average of 3.01%. National Bank of Greece, Piraeus Bank, and Alpha Bank each saw lower capital depletion rates compared to 2023, ranking 5th, 18th, and 24th respectively among 64 EU banks.
- Firefighting Vehicles – Greece has received the first of hundreds of new firefighting vehicles under its AIGIS national, civil protection program. Under the program, which is funded by the Recovery and Resilience Fund, European Union structural funds, and the European Investment Bank, the government aims to equip the fire service with over 1,400 vehicles by the end of 2026. In late July, the first 164 firefighting vehicles were delivered, with an additional 132 expected by the end of the year and 331 thereafter.