Greece achieves record primary surplus for second year running
Greece records mammoth primary surplus of 7.96 billion euros in seven months, nearly triple the annual target, driven by soaring tax revenues and electronic transactions.
Economy
Greek retirement surge: Record applications in 2025-2026 ahead of age limits rise
Greece faces record retirement applications in 2025-2026 as workers rush to retire before potential age limit increases and benefit from new pension calculations.
AADE continues Operation “Summer” – Three-day crackdown on tax evasion
Greek tax authority AADE intensifies summer crackdowns on tax evasion across popular tourist destinations, catching numerous businesses avoiding taxes.
Greek average salary to reach €1,650 by 2027 with raises for 500k workers
Greek salaries set to reach €1,650 by 2027 as 500,000 workers prepare for significant wage increases of up to 30%, boosting purchasing power nationwide.
Greece launches €500M treasury bill auction on August 20
Greece announces €500M treasury bill auction for August 20, offering 26-week securities to institutional and private investors through competitive bidding process.
Antetokounmpo brothers’ golden business empire: Real estate to tech investments
Giannis Antetokounmpo expands his business empire with investments in real estate, tech, healthcare, and sports, building a diverse portfolio worth millions.
Pension backpay from €1,200 to €12,500 for 130,000 retirees
Major pension backpay packages worth €1,200-€12,500 will benefit 130,000 Greek retirees starting in August, covering bank employees, military personnel.
Greek tax authority hits Santorini cruise boats with €14,140 fines
Greek tax inspectors launched surprise raids on Santorini cruise boats, finding violations in 43% of vessels and imposing €14,140 in fines for tax evasion.
ATM fees abolished: Free cash withdrawals start Monday in Greece
Greece abolishes ATM fees starting Monday, making cash withdrawals free from all Greek banks with €1.50 cap on third-party machines nationwide.
Greek tourism hits peak: Overtourism and short-term rentals threaten future growth
Greek tourism faces crisis as overtourism and short-term rentals threaten sustainability despite record revenues reaching €4.3M in early 2025.
Greek banks target €13bn in new loans for 2025 amid credit expansion push
Greek banks target €13bn in new loans for 2025 as they boost credit expansion to maintain profitability amid ECB interest rate cuts and strong economic recovery.
Women earn €200 less than men monthly in Greece wage gap study
Greek women earn €200 less monthly than men according to EFKA data, highlighting persistent wage inequality in the labor market and retirement benefits.