Housing programs: Two new subsidized schemes launching soon
Greece launches two major housing programs: a 400-million-euro renovation scheme starting in May and a public-private construction initiative for affordable rentals.
Economy
Turkish citizens flock to Greece for cheaper shopping as inflation bites
Turkish citizens increase shopping trips to Greece as inflation makes Greek supermarkets 35% cheaper than Turkish stores, reversing traditional cross-border patterns.
EU-India trade deal: Historic opportunity for European agri-food
EU-India trade deal eliminates tariffs on olive oil and dramatically reduces wine duties, creating historic opportunities for European agri-food exports.
Pierrakakis: We zeroed taxes for large families and youth under 25
Greek Finance Minister announces zero tax rates for large families and under-25s, promising salary increases up to 300 euros monthly for 1 million workers.
Private sector salary increases: Who gains up to two extra salaries from tax cuts (Examples)
Greek private sector workers see first salary increases from tax reform, with young employees and families gaining up to two extra annual salaries.
EU VAT exemption up to €100,000 for small businesses now live
Small businesses can now sell goods VAT-free up to €100,000 across the EU with AADE’s new digital platform simplifying cross-border transactions.
Greece leads Europe in VAT rates: €29 billion burden hits households
Greece maintains Europe’s highest VAT rates at 24%, generating record €29 billion in revenue while disproportionately burdening vulnerable households and families.
Kimberly Guilfoyle: US ready to supply reliable gas to EU through Vertical Corridor project
US Ambassador announces America’s readiness to supply reliable natural gas to Europe through the Vertical Corridor, reducing EU dependence on Russian energy imports.
Dollar hits four-year lows after Trump calls its value “excellent”
Dollar plunges to four-year lows as Trump’s comments about “excellent value” fuel selling pressure, boosting euro and pound while Fed independence concerns mount.
Budget Office: Additional fiscal space for benefits only through permanent revenue measures
Greece’s Budget Office analyzes new EU fiscal rules, emphasizing that additional fiscal space for benefits requires permanent revenue measures, not primary surplus overruns.
Deutsche Bank investigated for money laundering – Abramovich implicated
Deutsche Bank faces money laundering investigation by German authorities, with searches at Frankfurt headquarters and alleged connections to sanctioned Russian oligarch Roman Abramovich.
Housing allowance up to €500: Who qualifies and how to apply
Paros Municipal Council approves housing allowances up to €500 monthly for doctors and workers facing high rental costs on the tourist island.