Climate Crisis Sends the Bill to European Governments: How Greece Is Affected
Climate disasters are costing Europe billions. As wildfires and floods intensify, governments face a growing fiscal crisis — and Greece is on the front line.
Economy
Brent crude oil surges past $91 as US-Iran talks collapse
Brent crude surges past $91 a barrel as US-Iran peace talks collapse, stoking fears of Middle East supply disruptions and rattling global oil markets.
Greek tax authority busts tourist boats in Santorini: violations found on nearly half
Greek tax authorities found violations on 12 of 26 tourist boats inspected in Santorini, issuing €43,000 in fines in a surprise crackdown operation.
Greece Short-Term Rentals: Prices Up 12.8%, Occupancy Hits 71.3%
Greece’s short-term rental market surged in July with prices up 12.8% and occupancy reaching 71.3%, outperforming the European average.
Workplace complaints surge 43% in 2025, violations reach 23%
Workplace violence and harassment complaints in Greece jumped 43% in 2025, with violation rates reaching 23% in key sectors, new Labour Inspectorate data reveals.
Public vs. private sector pensions: Why the €644 gap exists
Greece’s public sector pensions average €644 more per month than private sector — here’s why the gap exists and what drives it.
IRIS transfers and taxes: limits, exemptions & what to know
AADE clarifies when IRIS money transfers become taxable in Greece — key rules, thresholds, and exemptions every taxpayer needs to know.
Brent crude holds above $88 as Middle East tensions keep markets on edge
Brent crude holds above $88 as Middle East tensions, US-Iran ceasefire expiry, and Strait of Hormuz deadlock keep oil markets on edge.
Greece Budget: €5.7B Primary Surplus in Seven Months
Greece’s state budget posted a €5.7B primary surplus for January–July 2026, surpassing targets as tax revenues topped €45.2 billion.
Greek Islands Go Electric: Santorini and Cyclades Connected to the Grid
Santorini receives its first mainland power via 500m-deep submarine cables, as Milos, Folegandros & Serifos prepare to join Greece’s €385.7M grid expansion.
Greek Tax Authority Fines Car Rental Firm Over €1M for 132 Vehicles Declared Off-Road
Greek tax authorities uncovered a major fraud scheme involving 132 off-road declared vehicles actively rented out, resulting in a €1.32M fine.
Tax-free rent for 36 months: A 100-day race for property owners to save up to 45%
Greek property owners have a 100-day window to secure a 3-year rental income tax exemption — but the December 31 deadline is fast approaching.