How to avoid tax with parental gifts or donations: IAPR guide
Learn how Greek taxpayers can avoid tax through parental gifts and donations before 2025 ends. Complete guide with IAPR requirements and deadlines.
Economy
Black Friday 2025: What Greek consumers will buy and trending product categories
Greek consumers show 63% participation in Black Friday 2025, up from 50% in 2024. Tech products and clothing lead demand as shopping habits evolve significantly.
Christmas 2025: Government rules out “cost of living allowance”
Greece’s government spokesperson rules out emergency Christmas allowance for 2025, citing lack of fiscal room and focus on sustainable economic policies.
New sickness benefit for freelancers – How to calculate it
Greece introduces new sickness benefit for freelancers and self-employed workers, ending years of unequal coverage and providing financial protection.
Greece plans to raise up to €8 billion from bond markets in 2026
Greece targets €8 billion bond market funding in 2026, maintaining fiscal discipline while continuing debt reduction from its financial crisis recovery.
Record €3.7 billion in overdue state debts: Hospitals and EFKA lead the way
Greek state owes record €3.7 billion to private sector, with hospitals and social security leading unpaid bills. Finance Ministry creates oversight committee.
Stournaras: Tsipras knew six-month negotiation would cost €100M
Bank of Greece governor reveals Tsipras was warned that six-month bailout negotiations would cost €100 million, criticizes populist governance policies.
IMF warns of Europe debt explosion risk by 2040 – Key reasons
IMF warns Europe faces debt explosion by 2040, with public debt potentially reaching 130-155% of GDP without urgent fiscal reforms and consolidation measures.
Greece secures mega LNG deal with US giant Venture Global
Greece signs historic 20-year LNG deal with US energy giant Venture Global, positioning the country as a key energy hub for Southeastern Europe.
Greece sits on €100 billion energy treasure: 5 confirmed hydrocarbon deposits
Greece discovers massive energy treasure worth €100 billion in confirmed hydrocarbon deposits across Ionian Sea and Crete, with potential to transform the nation.
Scope Ratings maintains Greece at BBB grade, upgrades outlook to positive
Scope Ratings maintains Greece’s BBB rating but upgrades outlook to positive, signaling potential future upgrade due to strong fiscal performance and economic resilience.
Greek tax reform bill passes: Tax cuts, salary boosts for security forces
Greece passes major tax reform bill with cuts to property tax, VAT reductions, and salary boosts for security forces starting 2026.