Asset Declaration 2025: The “trap” in the new process – Deadline
Asset declarations 2025 deadline approaches October 31st. New digital platform offers automatic data retrieval but comes with risks for taxpayers.
Economy
IRIS system: Who faces fines up to €20,000 for non-compliance
Greece’s IRIS payment system becomes mandatory from November 2025, with businesses facing fines up to €20,000 for non-compliance with new digital payment rules.
Greece announces €75 million in payments from e-EFKA and OAED
Greece’s Ministry of Labor announces €75 million in social security payments to over 86,000 beneficiaries through e-EFKA and OAED from October 20-24.
Greek Finance Minister meets US Treasury Secretary in Washington
Greek Finance Minister Kyriakos Pierrakakis meets US Treasury Secretary Scott Bessent in Washington to discuss investment opportunities and energy cooperation.
Greece re-enters China’s tourism market with Mykonos weddings
Greece rebuilds tourism ties with China through cultural exchanges and luxury weddings on Mykonos and Santorini, with Piraeus serving as gateway to the new Silk Road.
Tax “Calvary” with €18.7 billion payments due by year-end
Greek taxpayers face €18.7 billion in tax payments by year-end, with income tax, property tax, and vehicle fees creating massive financial pressure.
Heating oil hits lowest price in four years as distribution begins
Heating oil prices drop to four-year lows in Greece, starting at 1.09 euros per liter – households save at least 530 euros per 1,000 liters compared to 2022.
AADE raids: Fines and closures for 42 tax centers over evasion
Greek tax authority AADE conducts major crackdown on tax declaration centers, imposing fines and 48-hour closures on 42 businesses for widespread evasion.
Yannis Stournaras: My term at the Bank of Greece expires in July 2026, so it’s too early to talk about such a thing
Bank of Greece governor Yannis Stournaras discusses term renewal rumors, economic growth, inflation, and the possibility of falling retail prices in Greece.
Fast-track procedure opens for 7,000 unclaimed inheritances
Greece fast-tracks 7,000 unclaimed inheritances through digital integration, reducing processing time from 10 years to months for housing market release.
Heating oil distribution begins today, October 15 – Eligibility and requirements
Greece begins heating oil distribution today at €1.15/liter. Over 1.2 million households eligible for subsidies up to €1,200 with same criteria as 2024.
Gold price surges steadily past $4100 per ounce – How far can this rally go?
Gold prices soar past $4100 per ounce in unprecedented rally, with experts predicting potential surge to $5000 amid market uncertainty and dollar weakness.