ECB expected to hold interest rates steady Thursday amid Trump tariff uncertainty
ECB likely to pause rate cuts Thursday as Trump’s 30% tariff threat creates uncertainty, though officials favor steady policy amid eurozone inflation at 2% target.
Economy
“Exoikonomo”: Energy providers to fund home efficiency upgrades
Greece’s new Energy Efficiency Obligation Scheme requires energy companies to fund home efficiency upgrades including insulation, heating systems, and smart technology.
Rent subsidy up to €250: Who qualifies and when it’s paid
Greece introduces permanent €250 rent subsidy for vulnerable groups including pensioners and disabled individuals, paid annually in November with full tax protection.
€1.5 billion economic package at Thessaloniki Fair – Swiss franc loan settlement in September
Greece announces €1.5 billion economic package at Thessaloniki Fair in September, featuring middle-class tax cuts and long-awaited Swiss franc loan settlement.
Student accommodation: ‘Nightmare’ for thousands of parents with rents costing up to €800
Greek families face a student housing crisis with rents reaching €800 monthly. University cities become unaffordable as tourism drives up accommodation costs.
Greece submits sixth €2.1 billion funding request from EU Recovery Fund
Greece submits sixth €2.1 billion funding request from EU Recovery Fund after completing 39 milestones, bringing total disbursements to €23.4 billion.
Greek unemployment drops 7.2% in June 2025, DYPA reports
Greece sees 7.2% unemployment drop in June 2025 as DYPA reports 754,325 registered jobless, with women comprising 68.1% of total unemployed population.
August 2025 pensions: When first payments begin – Dates for each fund
August 2025 pension payments in Greece begin July 28. Check official dates for each fund including private sector and public sector disbursements.
Tax returns 2025: Final deadline approaches – No further extension
Greece’s tax return deadline extended to July 21, 2025 after technical issues. Over 6.4 million individual returns submitted with record daily submissions.
Child benefits and social solidarity overhaul: Registry first, then increases – Announcements from Thessaloniki Fair
Greece postpones child benefit increases due to €400M cost. New National Benefits Registry required before implementation. PM to announce details at September Fair.
ECB may end QE in December as markets await policy shift
ECB may delay final interest rate cut until December as economists predict extended monetary easing amid trade uncertainty and strong euro concerns.
Beach prices soar in Athens: Sunbeds cost as much as Monte Carlo
Greek beach prices reach luxury levels with sunbeds costing up to €235 in Athens, rivaling Monte Carlo and French Riviera destinations this summer.