IRIS payment changes: New rules from November 1st – What you need to know
Greece mandates all businesses to accept IRIS payments from November 1st, 2025. New regulations require POS terminals or QR codes, with heavy fines for non-compliance.
Economy
Greece leads EU in Recovery Fund implementation with “Greece 2.0”
Greece leads EU Recovery Fund implementation with €23.4B disbursements expected, ranking among top countries in milestone completion and payment requests.
When is Black Friday 2025: Key dates and consumer tips from INCA
Black Friday 2025 falls on November 28th. Get expert consumer protection tips to avoid shopping traps and identify genuine discounts during the biggest sale event.
New digital platform targets uninsured vehicles and traffic violations
Greece launches advanced digital platform to track uninsured vehicles and traffic violations, with fines up to €1,000 for non-compliance.
New city hotels and next-gen resorts transform Greek tourism
Greek tourism evolves with luxury city hotels and next-gen resorts featuring VIP suites, rooftop bars, making Athens, Crete and islands year-round destinations.
Imputed Income: Shocking cuts up to 73% for homes, cars and boats
Greece cuts living standard tax indicators up to 73% for cars, 35% for homes, and 30% for boats, providing relief to 480,000 taxpayers starting 2025.
November 2025 pension payment dates for all Greek funds
Greek November 2025 pension payment dates announced. Non-salaried workers receive payments October 27, salaried workers October 29. All pension funds included.
Tax cuts bill enters public consultation: €1.7 billion support measures
Greece introduces €1.7 billion tax cuts targeting middle class, young people, and families. New income tax brackets and support measures effective January 2026.
Gold prices hit record highs: Why the “crazy” rally continues
Gold hits record $4,000+ per ounce as investors seek safe havens amid Trump policies, government shutdown, and global uncertainty. Experts predict $5,000 target.
Heating oil distribution starts October 15: subsidy recipients and payment dates
Greece begins heating oil distribution October 15 at €1.11-1.12 per liter. MyΘέρμανση platform opens in November for subsidies up to €1,200 for eligible households.
Out-of-court mechanism surges in September with over 43,500 successful debt arrangements
Greece’s out-of-court debt mechanism hits record highs in September with 43,533 successful arrangements totaling €14.08 billion, marking a 28% increase.
Heavy fines for businesses without IRIS: Deadline until November 1st
Greece mandates IRIS payment system for all businesses by November 1st, with heavy fines up to 20,000 euros for non-compliance. Digital payment revolution begins.