According to FinMin Kyriakos Pierrakakis and the ministry, the entire tax break package is worth 2.7 billion euros for 2026
The finance minister said the measures included the largest tax-cut measures since the restoration of democracy in Greece in 1974 during the press briefing.
Tax relief measures announced at the Thessaloniki International Fair are seen as insufficient, as inflation keeps eroding household income
Pierrakakis said the upcoming reform would focus on supporting families to counter declining birth rates and the demographic crisis in the country
The measure will apply to taxpayers whose primary residence is in frontier areas with populations under 5,000.
According to the report, inflation based on the Harmonized Index of Consumer Prices is expected to continue slowing during the projection period.
Papastavrou noted that in 2005, about 60% of Greece’s electricity came from lignite, while renewable energy now accounts for nearly 60%,
Preliminary data from the Hellenic Statistical Authority shows Greece’s GDP grew just 1.7% year-on-year in second quarter (Q2) 2025, signaling a slowdown ahead of forecasts for the Thessaloniki International Fair
With the hydrocarbons tender closing September 10, Athens hopes Chevron and HELLENiQ ENERGY will commit to offshore exploration off Crete and the Peloponnese
In Greece, prices for Robusta coffee are up 49.7% and Arabica for up 35.9%, while businesses are teetering on the edge of sustainability.
The human impact is stark. Rising rents and limited access to property mean that more than a third of Greek households spend over 40% of their monthly income on housing alone, according to ELSTAT.
Public Power Corporation (PPC), Greece’s largest electricity provider, announced a 14.5% reduction in its September green tariffs, citing falling wholesale energy prices. Other household plans also see notable drops, offering consumers lower costs
The Thessaloniki International Fair edition carries a special anniversary character, as it coincides with the centennial of TIF-HELEXPO.
The European Central Bank left its key interest rate at 2% and is expected to maintain that stance next month before reopening talks on possible cuts in the autumn.
Stournaras cited the 2024 OECD report, which shows that 40% of Greek high school students have a bank account and more than one in five use banking or prepaid card products.
A new report by the Piraeus Chamber of Commerce outlines how Greece’s middle class is defined in 2025, linking income brackets with professions, lifestyle, and its close ties to the country’s small and medium-sized businesses
Deutsche Bank said it believes the sharp decline in inflation from the 2022–2023 highs has largely run its course.
One in two Greeks bought a used or refurbished product in the past year, ranking the country sixth worldwide — ahead of markets such as Germany and Belgium.
Providers cut power bills as wholesale electricity prices fall; Greek PM Mitsotakis’ threat of a price cap seen as ineffective.
Greek households face mounting price pressures as inflation rises faster than in other southern EU states, hitting housing, food, and energy costs