In 2023, discounts under the scheme ranged between 5% and 15%. But given today’s market climate and ongoing company-led offers, observers say such reductions may not be repeated at the same scale.
Inflation is projected to decline to 2.6% in 2026 and drop further to 2.4% in 2027, according to the central bank’s baseline scenario projections.
State Budget expenditures for the period January–August 2025 amounted to €46.299 billion, lower by €3.356 billion compared with the target of €49.655
Gaming, Vardinogiannis emphasizes, is now a larger industry than both film and music. He believes the conditions exist for Greece to establish itself as a gaming hub.
The fiscal performance of the Greek economy is attributed to higher tax revenues and the contribution from the Attiki Odos motorway deal.
Job vacancy rates were slightly down in Q1 2025, standing at 2.4% compared with 2.5% in Q4 2024 and 2.9% in Q1 2024, according to Eurostat.
The Cretan olive oil is produced exclusively in Crete, where the cultivation of olive oil has been linked to the island’s history.
Deutsche Bank says the European Central Bank has probably completed its interest rate reductions, with 2% seen as the final rate, though future moves remain possible if inflation trends shift
With this planned adjustment, total social security contributions will have fallen by 5.9% since 2019, bringing the rate down to 35.66%—closer to the European Union average.
From October 1, properties on platforms like Airbnb face mandatory safety measures and insurance obligations, and violators will face steep fines
According to the OECD, Greece’s 2024 tax policy focused on 3 main areas: social security contributions, property taxation, and the alignment of taxation with environmental and tourism objectives.
Bank of America recommends a “buy” on three of the banks, except National Bank, for which it maintains a “neutral” rating.
Latest figures on number of vessels, types, companies and coming trends
The Public Employment Service (DYPA) launches the 2025 Special Seasonal Allowance, offering €687–€1,375 to eligible workers in construction, tourism, arts, and other seasonal professions
Concessions and construction fueled significant hike in results
Chevron and HelleniQ Energy have jointly submitted a formal bid to acquire four offshore blocks south of Crete and the Peloponnese.
Fruit prices climbed by 11.6%, chocolates surged by 23%, and meat rose 7.5%, while coffee became 18% more expensive.
Market insiders warn that beef prices could reach 20 euros per kilogram by the end of 2025.
With Euribor near 2%, banks are offering more attractive loans. In July, average mortgage rates fell to 3.52%—110 bps lower than last year—and competition may push them down further.
After eight consecutive reductions, the European Central Bank is expected to halt rate cuts, stabilizing lending conditions and boosting banks’ income prospects.