Back payments up to €16,800 for 900,000 pensioners: When will the money hit accounts
Greek pensioners await major back payments up to €16,800 as EFKA processes claims for 900,000 retirees affected by court decisions and legal changes.
Economy
Everything changes November 1st: IRIS mandatory for all businesses
Greece mandates IRIS digital payments for all businesses from November 1st, 2025. Non-compliance results in fines up to €20,000 as the country pushes digital transparency.
Rent refund up to €800: Who qualifies and eligibility criteria
Government announces rent refund program up to €800 for eligible families. Check income and property criteria to see if you qualify for the housing support.
Christmas benefits: Military, renters and pensioners to receive €1B
Greece distributes €1B in Christmas benefits to 3M citizens including military, pensioners, and renters. Payments start November, peak before holidays.
Greece pays off €5.29 billion early: Bailout debt chunk erased
Greece accelerates debt reduction by prepaying €5.29 billion in bailout loans, cutting debt by 2.2% of GDP and saving €150 million in interest costs.
Rent refund: Up to €800 for 1.18 million households in Greece
Greece introduces rent refund program offering up to €800 to 1.18 million households, with mandatory electronic payments starting 2026.
November 2025 pensions: Payment schedule and ATM availability
November 2025 pension payments continue with second wave available today. Complete schedule for salaried, non-salaried and supplementary pensions.
Heating allowance: Platform opens November, amounts up to €1,200
Greece launches heating allowance program for 1.2 million households. Platform opens November, payments up to €1,200 with €200M budget. Apply by December.
New winter electricity schedule from November 1st: Best times to run appliances
New winter electricity schedule starts November 1st with dual-zone tariffs. Learn the best times to run appliances and save on your energy bills.
Tax relief for retroactive payments: Ombudsman intervenes for fair taxation
Greek Ombudsman secures fairer taxation for retroactive salary and pension payments through court decisions, allowing yearly allocation instead of lump-sum taxation.
Greece household income rises 4.5% in 2024, statistics show
Greek household income increased 4.5% to €158.6 billion in 2024 despite negative savings rate, while trade deficit widened to €13.1 billion, ELSTAT reports.
How much olive oil does a family consume yearly and what will it cost in 2025?
Greek families consume 60-80 liters of olive oil yearly. With 2025 prices dropping 20-30% from 2024’s historic highs, discover what your family’s “liquid gold” will cost.