Public vs. private sector pensions: Why the €644 gap exists
Greece’s public sector pensions average €644 more per month than private sector — here’s why the gap exists and what drives it.
Economy
IRIS transfers and taxes: limits, exemptions & what to know
AADE clarifies when IRIS money transfers become taxable in Greece — key rules, thresholds, and exemptions every taxpayer needs to know.
Brent crude holds above $88 as Middle East tensions keep markets on edge
Brent crude holds above $88 as Middle East tensions, US-Iran ceasefire expiry, and Strait of Hormuz deadlock keep oil markets on edge.
Greece Budget: €5.7B Primary Surplus in Seven Months
Greece’s state budget posted a €5.7B primary surplus for January–July 2026, surpassing targets as tax revenues topped €45.2 billion.
Greek Islands Go Electric: Santorini and Cyclades Connected to the Grid
Santorini receives its first mainland power via 500m-deep submarine cables, as Milos, Folegandros & Serifos prepare to join Greece’s €385.7M grid expansion.
Greek Tax Authority Fines Car Rental Firm Over €1M for 132 Vehicles Declared Off-Road
Greek tax authorities uncovered a major fraud scheme involving 132 off-road declared vehicles actively rented out, resulting in a €1.32M fine.
Tax-free rent for 36 months: A 100-day race for property owners to save up to 45%
Greek property owners have a 100-day window to secure a 3-year rental income tax exemption — but the December 31 deadline is fast approaching.
e-EFKA & DYPA Payments: €61M Disbursed to 68,370 Beneficiaries
Greece’s e-EFKA and DYPA to distribute over €61M to 68,370 beneficiaries between August 17–21, covering unemployment, maternity, and employment benefits.
Assumption Day 2025: What workers need to know about pay
August 15 is a mandatory public holiday falling on Saturday this year. Here’s everything workers need to know about pay and their rights.
Greece accelerates Cyprus-Israel power link via ADMIE investment bid
Greece’s ADMIE files investment request to fast-track the Cyprus-Israel power link, advancing the landmark Great Sea Interconnector project across the Eastern Mediterranean.
Greece tax authority intensifies inspections this August 15th holiday
Greece’s tax authority is conducting sweeping audits of tourist businesses this August 15th, targeting restaurants, beach bars, and short-term rentals for tax evasion.
Assumption Day 2025: Meat prices at Athens’ Varvakios market
Athens’ Varvakios Market sees a last-minute rush ahead of Assumption Day, with lamb, pork, chicken, and beef prices varying widely this August 15.