EU imposes new tariffs on Temu and Shein packages: Up to €3 per parcel
EU introduces new tariffs on Chinese e-commerce platforms Temu and Shein, imposing charges up to €3 per package starting July 2024 to combat unfair competition.
Economy
Greece property auctions surge: Tax debt forces sale of warehouses, apartments, plots from €7,000 to €3.5 million
Greece’s tax authority launches massive property auction program with over 40 properties from €7,000 to €3.5 million as overdue debts exceed €112.5 billion.
Hotel sales revolution: How algorithms boost online bookings and revenue
Revolutionary algorithms are transforming hotel sales, with properties seeing 25-30% revenue increases through data-driven booking strategies and AI-powered pricing.
From UBS to Bezos: Ed Ruscha’s record returns make him art market gold
Ed Ruscha’s artwork has become a hot investment asset, with major players like Jeff Bezos and UBS driving record-breaking auction prices and impressive returns.
“Save-Business” Program: Application Deadline Extended to February 13
Greece extends energy efficiency program deadline to February 13, offering businesses funding for energy upgrades and carbon reduction projects.
Greek 10-year bond yield drops to 3.34% in oversubscribed auction
Greek 10-year government bond yield falls to 3.34% in heavily oversubscribed auction, raising €300 million with bids totaling €785 million.
AKTOR Group and Suez International strategic partnership
AKTOR Group partners with global water leader Suez International to tackle Greece’s growing water crisis as the country ranks 19th globally for scarcity risk.
New labor market framework: All changes to working hours, hiring and leave
Greece implements major labor market reforms from February 16th, introducing 13-hour workdays, 4-day work weeks, fast-track hiring, and new digital systems.
Greece ranks among world’s most expensive housing markets
Greece ranks fifth globally for housing price increases, with costs rising 77% in a decade. Athens becomes Europe’s second least affordable city for home buyers.
“Save – Enterprise” program extension: Platform open until February 13
Greece extends deadline for energy efficiency grants until February 13, 2026. Businesses can apply for funding to improve energy performance under EU recovery plan.
Chevron to sign Greece hydrocarbon exploration deals February 16
Greece and Chevron set to sign four major hydrocarbon exploration agreements on February 16 for maritime blocks near Crete and Peloponnese.
Tax returns: Which freelancers avoid presumptive income – The 5 conditions to be taxed as employees
Five key conditions allow freelance contractors to avoid presumptive taxation and be taxed as employees instead, securing significant tax deductions.