Heating oil and gasoline cheaper than last year – What’s happening with electricity
Greeks face lower heating oil and gasoline prices this winter compared to last year, while electricity costs remain stable with slight upward trends expected.
Economy
Vehicle circulation fees 2026: When they’ll be posted on IAPR’s MyCar and penalties explained
Greece’s vehicle circulation fees for 2026 will be posted on MyCar platform from October 31st, with new penalty structure and December 31st payment deadline.
Greek short-term rental market by the numbers: Hosthub data reveals key trends
Hosthub’s 2025 data reveals Greek short-term rental market trends: occupancy up 2.16%, prices down 1.79%, with Athens and Crete leading growth patterns.
Asset Declaration 2025: The “trap” in the new process – Deadline
Asset declarations 2025 deadline approaches October 31st. New digital platform offers automatic data retrieval but comes with risks for taxpayers.
IRIS system: Who faces fines up to €20,000 for non-compliance
Greece’s IRIS payment system becomes mandatory from November 2025, with businesses facing fines up to €20,000 for non-compliance with new digital payment rules.
Greece announces €75 million in payments from e-EFKA and OAED
Greece’s Ministry of Labor announces €75 million in social security payments to over 86,000 beneficiaries through e-EFKA and OAED from October 20-24.
Greek Finance Minister meets US Treasury Secretary in Washington
Greek Finance Minister Kyriakos Pierrakakis meets US Treasury Secretary Scott Bessent in Washington to discuss investment opportunities and energy cooperation.
Greece re-enters China’s tourism market with Mykonos weddings
Greece rebuilds tourism ties with China through cultural exchanges and luxury weddings on Mykonos and Santorini, with Piraeus serving as gateway to the new Silk Road.
Tax “Calvary” with €18.7 billion payments due by year-end
Greek taxpayers face €18.7 billion in tax payments by year-end, with income tax, property tax, and vehicle fees creating massive financial pressure.
Heating oil hits lowest price in four years as distribution begins
Heating oil prices drop to four-year lows in Greece, starting at 1.09 euros per liter – households save at least 530 euros per 1,000 liters compared to 2022.
AADE raids: Fines and closures for 42 tax centers over evasion
Greek tax authority AADE conducts major crackdown on tax declaration centers, imposing fines and 48-hour closures on 42 businesses for widespread evasion.
Yannis Stournaras: My term at the Bank of Greece expires in July 2026, so it’s too early to talk about such a thing
Bank of Greece governor Yannis Stournaras discusses term renewal rumors, economic growth, inflation, and the possibility of falling retail prices in Greece.