Trump tariffs: How much will they cost Greece and the EU
Trump’s new tariffs threaten Greek and EU exports with 15% duties. Greece seeks new markets as trade competitiveness with US faces major challenges.
Economy
Greece cracks down on organic product certification companies
Greece’s Development Ministry prepares first sanctions against organic certification companies following serious violations and irregularities in inspections.
Sklavenitis Group’s “The Mart” faces profit decline challenges
Sklavenitis Group’s wholesale arm The Mart sees 44% profit drop despite 3% revenue growth, facing operational cost pressures in Greek retail market.
The real cost of desalination as a solution to water scarcity
Desalination emerges as a costly but necessary solution to Mediterranean water scarcity. Can renewable energy make it more affordable and sustainable?
Greek banks report €2.45bn profits, dividends expected by end 2025
Greek banks report strong €2.45bn profits in H1 2025, with major institutions planning significant dividend distributions by Q4, reflecting sector stability.
Elevators: Platform opens for mandatory registration by November
Greece launches mandatory elevator registration through new digital platform. All elevators must be registered by November 2025, regardless of age or condition.
Tax returns revolution: Automatic filing starts 2027
Greece revolutionizes tax system with automatic filing from 2027. Tax authority will pre-fill returns using data from banks, employers, eliminating manual submissions.
US tariffs: Greece seeks exemption for PDO products pending EU deal
Greece seeks exemption for PDO products like olive oil and feta from US tariffs while exploring new markets in India and Middle East as trade tensions rise.
Greek student housing rents soar: Market trends and investment boom
Greek housing market faces dramatic changes as student rents soar 7.4% while luxury vacation homes attract foreign investment worth €1.09M per property.
September pensions: Payment dates set for August 26 and 28
September pensions will be paid on August 26 for private sector non-salaried workers and August 28 for salaried employees and public sector retirees.
Eurostat: Greece inflation rises to 3.7%, eurozone steady at 2%
Greece’s inflation climbs to 3.7% in July while eurozone remains stable at 2%, meeting ECB targets amid economic uncertainty and trade tensions.
Greek electricity giant DEI announces August power rates
Greece’s main electricity provider DEI cuts power rates for August, offering residential customers reduced tariffs and promotional summer pricing initiatives.