Starting from Jan. 1, 2025, social security contributions will be reduced by one percentage point with the aim of easing the burden on both employers and employees.
For transfers up to 5,000 euros, a fee of up to 1 euro will be charged, either fully borne by the sender or shared equally between the parties.
Properties in Central Athens and the southern suburbs are top choices for foreign investors through Greece's golden visa scheme.
Greece recorded a higher inflation rate than the EU average, ranking tenth among the countries with the highest inflation rates, for this year, Eurostat data showed
The data on Greek wages from Eurostat contradicts the political narrative in Greece, which presents an image of financial recovery and inclusive economic growth.
A key reason for the seemingly paradoxical rise in job vacancies, despite the fact that employment rates remain among the lowest in the EU, is often attributed to the so-called "skills mismatch."
The program aims to promote entrepreneurship through the creation of new small and medium-sized businesses including 5,880 unemployed individuals aged 30-59.
The 6th installment of income tax is also due by the end of Dec., with any overdue payments subject to fines and interest.
The Ministry of Economy and Finance announced an increase in overtime pay and special hazard bonuses for police and military personnel as provided in the newly-passed 2025 state budget.
This decrease is attributed, to a 3.4% decline in the plant production price index, mainly due to changes in the industrial plants group, as well as a 0.7% increase in the animal production price index.
POMIDA urges extending the deadline for a further year, until Dec. 31, 2025, to allow sufficient time for the registry to be operational.
Non-compliance carries severe penalties, with violators faced with a fine equal to 10% of the unverified transaction amount.
Greek banks face a €100M budget impact as new measures slash fees for remittances, bill payments, and ATM use.
These measures aim to foster fairer banking practices and enhance the availability of affordable housing and credit.
According to OT, the fund engaged in recent discussions regarding the Great Sea Interconnector with Greece’s Minister of Environment and Energy and the CEO of Greece’s Independent Power Transmission Operator (IPTO/ADMIE)
Well-known US hedge fund manager John Paulson speaks to the Sunday edition of “To Vima” and details his optimism over the course of the Greek economy
The latest repayment is expected to reduce the overall debt and improve the country’s creditworthiness, as Greece has now returned to investment-grade status.
In two in-depth pieces on the Greek economy and the successful early repayment of its debt, the German-based weekly newspaper Ziet and RND (RedaktionsNetzwerk Deutschland) highlight why and how the small Mediterranean country achieved this impressive feat. Entitled “The Economic Situation of Greece: What No One Expected,” the long piece in the weekly newspaper Zeit, […]
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
The firm, reports that since the night of the elections and for the next two weeks, the number of visitors from the U.S. to its website has increased tenfold.