Who Must File Wealth Declarations and Why Transparency Matters
Greek wealth declaration requirements explained: who must file, what to include, and penalties for non-compliance in the public and private sectors.
Economy
Greece launches AI-powered tax surveillance system for income tracking
Greece’s tax authority launches massive digital surveillance system using AI and big data to track taxpayer income, deposits, and assets with 194,000 planned audits.
Major infrastructure projects gain momentum in Greece
Major Greek infrastructure projects including NRAC highway, E65 motorway, Kastelli airport and railway upgrades are advancing amid ongoing reforms.
Rising costs hit households: Fuel, food and rent drive inflation
Food, housing and transport drive inflation to 5.4% as fuel costs soar 32%, heating oil jumps 53% and household expenses reach critical levels nationwide.
War in Iran: Companies making billions from crisis – Oil, banks surge
War in Iran sparks massive profits for oil giants, Wall Street banks, and defense contractors while global households face soaring energy costs.
Fitch praises Greece: Only country with targeted energy support
Fitch rating agency praises Greece for implementing targeted energy support measures, setting it apart from other European countries using generalized approaches.
Oil and gold surge as US strikes Iran – Brent tops $100
Oil prices surge past $100 as US-Iran military escalation threatens global energy supplies. Gold rallies amid Middle East tensions and China’s central bank buying.
Greece announces €800M supplementary budget and new support measures
The Minister of National Economy and Finance Kyriakos Pierrakakis announced a supplementary budget of €800 million and a bill that will include new support measures already announced by the government. He also confirmed that the…
Social Housing Initiative: First 8 DYPA properties activated
Greece launches major social housing initiative, activating 8 dormant public properties in key cities for affordable housing development through innovative partnerships.
Greece inflation bomb hits 5% in April: Fuel, energy crisis deepens
Greece faces explosive 5% inflation surge in April as fuel, energy and food costs skyrocket, prompting fears of extended price pressures through 2026.
Vertical Corridor: “North Macedonia can play constructive role”
North Macedonia positions itself as a key energy hub in Southeast Europe through the Natural Gas Vertical Corridor, reducing Russian gas dependence.
Fuel prices: “Hard for gas to drop below €2 as refineries control market”
Greek gas station owners’ leader says unleaded gasoline unlikely to drop below €2 as refineries control pricing amid Middle East war uncertainty.