Greece introduces stricter tourism rules to combat overtourism
Greece implements stricter tourism development rules targeting overtourism hotspots like Mykonos and Santorini, introducing construction limits and Airbnb restrictions.
Economy
Karakatsi: AKTOR LNG agreement crucial for Albania’s energy security
Albania’s Energy Minister highlights AKTOR’s strategic LNG agreement, marking a crucial step for the country’s energy security and Southeast Europe connectivity.
Bank of Greece: €1.013 billion cash surplus in first four months of 2026
Greece reports €1.013 billion budget surplus for first four months of 2026, with revenues reaching €22.451 billion according to Bank of Greece data.
AADE maps out debtors: How the new PARE system will work for tax debts
Greece’s tax authority AADE launches new PARE system to identify which taxpayers can pay debts versus those genuinely unable, using AI and big data analysis.
Balkan energy alliance emerges around Vertical Corridor project
Greece leads new Balkan energy alliance with Serbia, Bulgaria, and North Macedonia to establish American LNG transport network via Vertical Corridor project.
UAE: “OPEC exit had no political motives,” says Energy Minister
UAE Energy Minister clarifies that the country’s historic exit from OPEC after six decades was a strategic economic decision, not politically motivated.
IMF praises Greece’s tax reform as model for other countries
IMF report praises Greece’s remarkable economic turnaround, highlighting how tax administration reforms transformed the country from Europe’s cautionary tale
Greece expands Vertical Corridor with North Macedonia, Serbia
Greece, Serbia, North Macedonia and Bulgaria agree to expand energy cooperation and the Vertical Corridor, institutionalizing four-party ministerial meetings.
Kyriakos Pierrakakis heads to Paris for G7 summit as Eurogroup president
Greek Finance Minister Kyriakos Pierrakakis travels to Paris for G7 summit focusing on Middle East economic impacts and global financial stability.
Fuel prices: Gasoline unlikely to drop below 2 euros
Greek fuel prices expected to remain high for at least six months, with gasoline unlikely to drop below 2 euros and significant impact on consumer goods.
Tax “strip-search” for 690 professionals who challenged presumptive taxation
Greek tax authorities launch comprehensive audits of 690 freelancers who challenged presumptive taxation, examining income, assets, and family finances.
Greece launches property audit blitz via MIDA for housing benefits
Greece launches comprehensive property audits through new MIDA registry system to detect housing benefit fraud and tax exemption abuse using AI technology.