Finance

The owner of an undeveloped plot of land in northern Athens was quoted €3,000 to clear brush from just 0.3 hectares plot of land.

Both newspapers and magazines saw significant drops in sales, continuing a multi-year downward trend that reflects changing media habits and broader challenges facing the print industry.

Households and private non-profit institutions saw their deposits shrink by 158 million euros in March.

To help businesses prepare, Greece’s Independent Authority for Public Revenue (AADE) has issued an informational bulletin outlining the upcoming changes.

Santorini’s hoteliers expect a tourism rebound by June but remain concerned about managing cruise ship arrivals without the island's cable car system.

Greece's PM prompted an emergency meeting of the country's grid operators following the massive blackouts in Spain and Portugal.

Looking at the 12-month period from February 2024 to January 2025, the total construction activity, both private and public, saw the issuance of 30,631 permits.

In the Athens metropolitan area, Vouliagmeni holds onto its title as the most expensive neighborhood for rentals.

The court upheld an appeal by the Association of Short-Term Property Rental Companies (STAMA) against the imposition of a 600-euro professional fee per property managed by legal entities.

The new Greek law for the protection of intellectual property in audiovisual works covers the internet and streaming platforms.

Freelancers in Greece can now challenge "unfair" tax assessments based on imputed income — but the process demands full financial disclosure.

JP Morgan has raised its target prices for Greek banks, despite revising its forecast for the European Central Bank’s key interest rate downward, now expecting it to reach 1.5% by the end of 2025. Alpha Bank: JP Morgan included higher loan volumes in its revised estimates, reflecting the bank’s stronger-than-expected performance in 2024. Despite lowering […]

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.”