Greece announces 30% VAT cuts for islands with under 20,000 residents
Greece cuts VAT by 30% for islands under 20,000 residents starting 2026, supporting remote Aegean communities and boosting local economies.
Economy
Greece announces major military and police salary increases
Greece announces major salary increases for military and police personnel, averaging €110 monthly from October under comprehensive pay scale reforms.
Greece abolishes 10% subscription TV tax from January 2026
Greece officially abolishes the 10% subscription TV tax from January 2026, providing relief to over 1 million households and businesses nationwide.
Greece eliminates income tax for foundations and bequests from 2026
Greece announces major tax reform eliminating income tax for foundations and bequests from 2026, part of broader middle-class relief package worth €43M annually.
Greek pensions: 200,000 retirees to get increases in 2026
Greek government announces pension increases for 650,000 retirees starting 2026, with gradual abolition of personal difference over two years.
How families with three children benefit from new tax measures
New legislation grants lifelong benefits to three-child families with significant tax reductions, birth allowances up to €3,500, and comprehensive financial support.
When employees will see income improvement: detailed changes from 2026
Greek PM announces major tax reforms starting 2026, including rental tax cuts and property tax reductions, with employees seeing income improvements from January.
Real estate: Mitsotakis opens door to further rental income tax cuts within 1-2 months
Greek PM hints at additional rental income tax cuts within 1-2 months, following recent reductions benefiting 150,000 property owners with new 25% tax rate.
TIF 2025: Mitsotakis announces Greece’s biggest tax reform
Greek PM Mitsotakis unveils historic tax reform at TIF 2025, cutting taxes for 4M taxpayers with €1.6B package targeting families and youth employment.
Greece-Cyprus-Israel cable project gets green light after key statements
Greece-Cyprus-Israel electrical interconnection project moves forward after key government statements support strategic cable construction despite regional tensions.
Theodorikakos at Economist summit: In 2-3 weeks the consumer will see a reduction in 1,000 product codes
Greek Development Minister announces price cuts on 1,000 products within 2-3 weeks following government agreement with supermarkets and food industries.
Siasos at Economist summit: Universities need collaboration with state and economy
University rector discusses collaboration between academia, government and business at major economic summit, highlighting AI integration in higher education.