Greece cuts rental income tax: New conditions and tax brackets
Greece announces rental income tax cuts from 2026, benefiting 150,000 property owners with new progressive tax brackets, conditional on increased compliance.
Economy
Greece announces 60% of heating allowance before Christmas 2024
Greece’s Environment Minister announces 60% of heating allowance will be distributed before Christmas, with criteria to be finalized by month’s end.
Bank of Greece warns of demographic fiscal “bomb”: 5 key reforms needed
Bank of Greece warns demographic crisis poses fiscal threat, proposes 5 key reforms including childcare investment and flexible work policies to boost birth rates.
€250 pension bonus for retirees: November payment details, eligibility and criteria
€250 pension bonus for Greek retirees to be paid automatically in November. 1.1 million low-income pensioners aged 65+ eligible for tax-free annual benefit.
New construction rules restart building sector with green fees
Greece introduces environmental equivalent fees to restart construction sector after year-long regulatory uncertainty affecting hundreds of building permits.
Heating allowance 2025: Key changes consumers need to know
Greece’s heating allowance for 2025 brings key changes with payments up to €1,200. New myDATA system replaces old processes for over one million beneficiaries.
AADE: Countdown for rent refund begins as final checks near completion
Greek tax authority AADE completes final checks for rent refund program affecting 1.18 million households, with payments starting by late October 2024.
Warning for hundreds of uninsured vehicles without registration fees
Greek authorities discover hundreds of uninsured vehicles at leasing companies and used car lots, launching intensive inspection campaign with heavy fines.
Alex Katz fever hits art market: €500,000 investment for “Yvonne in Green”
Alex Katz’s “Yvonne in Green” sells for €510,175 at Sotheby’s, more than doubling estimates and confirming the artist’s rising market value in contemporary art.
October 28th 2025: Top destinations Greeks choose for the holiday weekend
Greece’s October 28th long weekend drives tourism boom with mountain destinations seeing 98% occupancy. Discover where Greeks are heading this holiday season.
November 2025 pensions: Who gets paid this Friday and changes due to October 28th holiday
Greek retirees receive November 2025 pensions early due to October 28th holiday. Non-employee pensioners get paid Friday with €250 special allowance included.
Olive oil: First official price announced for 2025 harvest
First official olive oil price for 2025 harvest announced at 7.85 euros per kg. Climate change and reduced European production drive pricing trends.