Maternity leave & benefit: 6 changes expanding access for more mothers
Greece expands maternity benefit eligibility with 6 key changes covering adoptive mothers, part-time workers, freelancers, and seasonal employees.
Economy
AKTOR raises €300 million bond amid strong investor demand
AKTOR launches a €300M bond offering amid strong investor demand, following last week’s €650M capital increase, targeting €1B+ in total funding.
New debt settlement mechanism launches: Debts from €5,000 now eligible
Greece’s new out-of-court debt settlement mechanism launches today, lowering the eligibility threshold to €5,000 and offering relief to an estimated 1 million debtors.
Greece’s costliest month: €8.5bn in taxes due in July
Greece faces its heaviest tax month of the year, with over €8.5bn due in July from households and businesses in income tax, VAT, and property levies.
New Euro Banknotes: ECB Unveils Designs Featuring Maria Callas & Beethoven
The ECB reveals 10 new euro banknote designs featuring Maria Callas & Beethoven, with a public vote open until September 2026.
Greece approves national housing strategy: 20,000 affordable homes and 8,500 student beds planned
Greece’s new 2026-2035 housing strategy targets 20,000 affordable homes, 8,500 student beds, and €6.5B in funding to tackle the housing crisis.
ECB holds interest rates steady, September hike still on the table
The ECB holds rates steady but keeps a September hike on the table as surging energy prices and Middle East tensions threaten to reignite inflation.
Oil prices surge over 4% after US strikes on Iran: Strait of Hormuz fears escalate
Oil prices surge over 4% as US strikes on Iran spark fears over the Strait of Hormuz, Red Sea shipping routes, and global energy security.
Supermarket price cuts up to 20%: Which products and when
Greece launches a national supermarket price reduction initiative, cutting shelf prices by up to 20% on essentials from August 31 to December 31, 2026.
Goldman Sachs warns of gas price surge — TTF could hit €100
Goldman Sachs warns European gas prices could spike to €100/MWh as Middle East tensions disrupt LNG exports through the Strait of Hormuz.
Pierrakakis proposes redirecting spectrum auction revenue to EU budget
Greece’s Eurogroup chief proposes redirecting mobile spectrum auction revenues to the EU budget — without raising taxes on citizens or businesses.
Greece busts €17M tax evasion ring: fake invoices, counterfeit goods, and a “homeless” villa owner
Greek tax authorities bust a €17M fraud network using shell companies, fake invoices, and 32,000 counterfeit goods — one suspect posed as homeless while living in a villa.