The Greek government has extended its restructuring programme for Swiss franc-linked loans until September 2026, aiming to give borrowers more time to join the scheme, which has already attracted around half of eligible participants.
The raises, reportedly requested unofficially by metropolitans, tie senior clerics' pay to the top of the public sector scale. Despite considerable online criticism, only two opposition politicians have spoken out.
From Airbnb curbs and rent rebates to debt restructuring and a €150-per-child payment, the legislation touches nearly every corner of the economy.
New legislation mandates electronic payments for transactions over €500 and introduces stricter penalties to curb tax evasion, while also revising VAT-related fines and oversight of digital transactions
The government introduces a revised mechanism allowing homeowners to protect their main residence through debt “haircuts” and lower monthly payments, even if other assets must be sold
Finance Minister Kyriakos Pierrakakis told Bloomberg TV that Greece aims to speed up repayment of its earliest bailout loans and push debt below 120% of GDP before the decade ends, while pursuing investment and capital-market reforms
New projects are being added to the "Greece 2.0" plan, primarily focusing on enhancing citizen safety and upgrading transportation infrastructure.
Some other related fines in the pipeline, such as those for decommissioned vehicles found to be in circulation, are as steep as 10,000 euros
The green hydrogen project, known as Green HiPo, is slotted for development in the northern Greece region of Kozani and has been blocked by red tape for almost 2 years
The bill envisions that Greece's Independent Authority for Public Revenue (IAPR) will use digital means to ensure vehicle owners possess insurance and have passed inspection, and conduct controls every 2 months instead of every 5-10 years
The measure impacts 110,000 businesses and professionals ranging from taxis and vendors at farmers' markets
"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said
The bill sponsored by New Democracy passed with 158 votes and amid strong opposition from other political parties and environmental protection groups
The request comes as virtually all Greek businesses are now mandated to install POS devices and business owners, particularly those selling low-cost products, complain that commissions eat up their profit margins
The details of the program were pre-published by the Ministry of Environment and details of the application period are expected to be announced soon
The plan to restructure the road tax is expected in March and stems from the dual concern of reduced tax revenues from EV cars as well as the need to get old, polluting cars off Greece's roads
Waiting time has already been reduced by 40-45% just through basic housekeeping actions
Net tax revenues including rebates recorded an increase of €337 million for the twelve months, exceeding the set targets. This rise was mainly attributed to the revenues in November but was offset by an increase in payments by the Public Investment Program by €362 million compared to the targets.
The Greek Finance Minister shared a post on his TikTok account
"Our goal is to avoid continuous extensions and move towards a system that is stable so that extensions are not needed", the Minister Theocharis said