AGP Executive Report
Last update: 10 hours agoHousing Market: REMAX Greece says 74.8% of 2025 property sales were homes, but 75.6% were over 20 years old—new builds (up to five years) were just 12.3%, with Athens and Thessaloniki even more skewed. Macroeconomic Outlook: OECD and the European Commission frame Greece as a resilience case after removing it from the macroeconomic imbalances watchlist, with growth forecasts around 1.6%-1.9% and markets watching for a possible investment-grade upgrade. AI Policy: Greece is preparing a national AI framework to transpose the EU AI Act, with agreements already signed with OpenAI, Mistral and ElevenLabs and a planned “Pharos” AI Factory in September. Public Sector Integrity: Greek police uncovered a municipal urban-planning corruption network tied to at least 29 bribery cases and about €335,000 in illicit profits, with arrests in Marousi and Kifisia. Tourism Investment: Elounda Hills in Crete (€800m) moves closer to construction after filing its Final Design Compliance File, using an early contractor involvement model with AKTOR and Domiki Kritis. Shipping & Energy Transition: Greek shipowners are working with Japan and Liberia on IMO Net-Zero Framework proposals, while HJ Shipbuilding secured approval for a 10,000-TEU biofuel-propelled container ship design concept at Posidonia 2026.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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