Greece cuts tax evasion but keeps heavy burdens on labor, consumption, VAT, and energy
Greece slashes tax evasion through digitalization but still overtaxes labor, maintains a 24% VAT rate, and lets fossil fuel policies slow the green transition.
Economy
Airbnb in Greece: New rules, restrictions, and heavy fines
Greece tightens Airbnb rules with registration freezes in Athens and Thessaloniki, hefty fines, and sweeping new regulations for short-term rentals.
A day at the beach burns a hole in your pocket: Prices soar at organized beaches
Beach prices in Athens are soaring — a day at an organized beach can cost a family over €100. Are Greek summers becoming a luxury?
Greece’s major infrastructure projects: progress and delivery timeline
Greece’s biggest infrastructure push is underway: Metro expansions, motorway openings, and storm restoration projects race toward completion this summer.
Supermarket profits: 2% retail margins vs. 70% in affiliated companies
Greek supermarket chains post under 2% retail margins, while affiliated companies in real estate and food production report profits of up to 70%.
Greece’s 72-installment tax debt relief plan: Who benefits and how to cut your monthly payment in half
Greece launches a 72-installment tax debt relief scheme for pre-2024 obligations, potentially cutting monthly payments by up to 50% for over 1.5 million debtors.
Greek Islands Ferries Packed Despite Rising Travel Costs This Summer
Greek ferries to the Cyclades sailed fully booked this July as travelers refuse to give up summer holidays despite soaring ticket prices.
Supermarket pricing tricks: How shelf deals inflate costs for consumers
How supermarket shelf deals, entry fees, and hidden supplier costs are quietly keeping grocery prices high — and what the government is trying to do about it.
IRIS payments surge in 2025: 126M transactions worth €11 billion
Greece’s IRIS payment system hit 126M transactions worth €11B in 2025, with instant payments now accounting for 35.8% of all transfers.
Crypto tax in Greece: 15% rate on gains, €500 tax-free threshold explained
Greece introduces a 15% crypto capital gains tax with a €500 annual exemption. Here’s what the new bill means for investors, staking, and digital asset transfers.
Greek public debt: Two critical milestones on the road to 2029
Greece’s public debt is approaching two historic milestones — below 140% of GDP in 2025 and below 120% by 2029, marking a major fiscal turning point.
Economist Government Roundtable: AI, Europe’s future, and Gen Z
The 30th Annual Government Roundtable conference by the Economist has now wrapped up, yet its discussions reached into both the near and distant future. From Greece’s new left-wing party ELAS and the challenges of building…