Ministry of Environment and Energy has officially announced the framework for electricity subsidies targeting approximately one million businesses across Greece.
Greek household disposable income posted a slight rise of 1.4%, according to data released today by the Hellenic Statistical Authority (ELSTAT). The average inflation for the October–December 2024 quarter reached nearly 2.5%, translating into a 1.1% decline in real disposable income. This highlights the erosion of household purchasing power due to the persistent cost-of-living crisis […]
As of Friday, April 25, 2025, the Independent Public Revenue Authority (AADE) in Greece has automatically finalized pre-filled personal income tax returns for individual taxpayers.
"What we see in Greece is what we want to see everywhere," says IMF Managing Director Kristalina Georgieva.
It is notable that the 30–44 age group is proportionally decreasing, while the number of workers over the age of 65 is on the rise.
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Finding large plots of land outside of Greece's capital in Aspropyrgos, suitable for major distribution center investments, is starting to feel like a treasure hunt.
Prime Minister Kyriakos Mitsotakis spoke about his newly-announced €1 billion support package during a visit to the Ministry of Social Cohesion and Family on Wednesday, stating “Affordable housing is a right for everyone and an obligation of the State.”
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock’.
The Greek government is mulling a package of tax breaks and support measures aimed at easing the burden on property owners and renters while also cracking down on undeclared rental income. According to government sources, the proposed changes under discussion include modifications to the tax scale for rental income — with potential reductions in tax […]
A plenary session of Greece’s Council of State (CoS), the country’s highest administrative court, is set to deliver a final ruling on a significant case with potentially huge economic implications for the tourism sector, one that concerns the tax regime of property owners in Greece offering short-term rentals via platforms like Airbnb. Recently, a seven-member […]
This package includes two key measures: a rent refund program for tenants and a yearly allowance for low-income pensioners.
Greece is showing strong fiscal momentum, with new data from ELSTAT revealing a significantly higher-than-expected primary surplus for 2024.
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece
S&P’s decision raises the Greek economy to the second notch of investment grade ladder, at BBB with a stable outlook.
The European Central Bank (ECB) announced on Thursday a 25-basis point cut to its three key interest rates, marking the institution’s seventh consecutive reduction. The move, which was expected, brings borrowing costs in the eurozone to their lowest level in more than two years. The ECB’s Governing Council opted to lower the deposit facility rate—the […]
Greece’s current account deficit shrank by €573.2 million compared to the same month in the previous year, reaching €2.5 billion in Feb. 2025, according to the Bank of Greece (BoG). The improvement of Greece’s current account was mainly attributed to a more robust balance of goods and, to a lesser extent, an improved primary income […]
According to data by the Association of Greek Fruit, Vegetable and Juice Exporters, Incofruit Hellas, between September 1, 2024, and April 17, 2025, kiwifruit exports increased by 14.2%.
Twenty-three Greek export products to the United States will be impacted by the sweeping Trump tariffs that have upended global trade and the finance markets. According to a recent study published by the National Bank of Greece (NBG) the US market has remained a key area for these specific products, which include food, construction materials, and […]