Greek tourism breaks €1 billion revenue barrier in early 2026
Greek tourism achieves record-breaking €1 billion in travel receipts during first two months of 2026, marking 70.7% growth compared to 2025.
Economy
Tax evasion champions: Car repair shops lead violations
Car repair shops lead tax evasion with 6 out of 10 violating rules. Greek tax authority imposed €3.1 billion in fines across 290,000 business audits.
One in three taxpayers filed returns: Over 70% owe no tax
Tax return filing accelerates with one in three taxpayers completing the process. Over 70% pay no tax or receive refunds, while average tax owed reaches €1,000.
How 50 Days of Middle East War Cost $50 Billion in Oil Losses
Middle East war causes $50 billion oil losses as 500 million barrels disappear from global markets in largest energy supply disruption in modern history.
Social Tourism DYPA: When applications open and who gets vacation vouchers
Greece’s Social Tourism program offers vacation vouchers to workers and unemployed starting May 2026. Learn eligibility criteria, application process and benefits.
“Renovate-Rent” program launches by June with subsidies up to 95%
Greece launches major housing renovation program with up to 95% subsidies, targeting 15,000-20,000 vacant homes to boost rental market supply and affordability.
Social Tourism program opens Tuesday: Applications start April 21
Greece’s Social Tourism program opens Tuesday April 21, offering subsidized vacations to 300,000 beneficiaries with extended stays and ferry discounts.
Tax authority discovers 38,000 property tax evaders in Airbnb crackdown
Greece’s tax authority uncovers massive property tax evasion scheme involving 38,000 taxpayers, undeclared Airbnb income, and suspicious real estate transactions.
Greece’s new support measures to be decided next week
Greece set to announce new economic support measures next week as fiscal surplus exceeds expectations, creating over €3 billion in additional spending room.
Greece expects higher primary surplus amid energy crisis uncertainty
The expectation that the primary surplus will move higher than initial forecasts was expressed by the Minister of National Economy and Finance Kyriakos Pierrakakis, while leaving open the possibility of taking support measures for citizens,…
European Parliament approves Autias proposals for border funding
European Parliament’s Economic Affairs Committee approves wide-ranging proposals for financial support of EU eastern borders, including Greece.
Bank of Greece: Budget shows cash surplus of €920 million
Greek budget posts €920M cash surplus in Q1 2025 according to Bank of Greece data, despite decline from previous year’s €1.45B surplus.