Tax relief for retroactive payments: Ombudsman intervenes for fair taxation
Greek Ombudsman secures fairer taxation for retroactive salary and pension payments through court decisions, allowing yearly allocation instead of lump-sum taxation.
Economy
Greece household income rises 4.5% in 2024, statistics show
Greek household income increased 4.5% to €158.6 billion in 2024 despite negative savings rate, while trade deficit widened to €13.1 billion, ELSTAT reports.
How much olive oil does a family consume yearly and what will it cost in 2025?
Greek families consume 60-80 liters of olive oil yearly. With 2025 prices dropping 20-30% from 2024’s historic highs, discover what your family’s “liquid gold” will cost.
November 2025 pensions: Payment dates for all funds – Changes due to October 28th holiday
November 2025 pension payment dates revealed for all Greek funds. Schedule changes due to October 28th national holiday affecting 1.7 million beneficiaries.
€250 pension bonus for retirees: automatic November payment
Automatic €250 pension bonus payment for 1.1 million Greek retirees starts November 10-20. Tax-free benefit for those 65+ with income under €14,000-26,000.
Asset Declaration Deadline: One Week Left for Submissions
Greek officials have just one week left to submit mandatory asset declarations. The 2025 filing deadline is October 31st with new penalties for late submissions.
Greece cuts rental income tax: New conditions and tax brackets
Greece announces rental income tax cuts from 2026, benefiting 150,000 property owners with new progressive tax brackets, conditional on increased compliance.
Greece announces 60% of heating allowance before Christmas 2024
Greece’s Environment Minister announces 60% of heating allowance will be distributed before Christmas, with criteria to be finalized by month’s end.
Bank of Greece warns of demographic fiscal “bomb”: 5 key reforms needed
Bank of Greece warns demographic crisis poses fiscal threat, proposes 5 key reforms including childcare investment and flexible work policies to boost birth rates.
€250 pension bonus for retirees: November payment details, eligibility and criteria
€250 pension bonus for Greek retirees to be paid automatically in November. 1.1 million low-income pensioners aged 65+ eligible for tax-free annual benefit.
New construction rules restart building sector with green fees
Greece introduces environmental equivalent fees to restart construction sector after year-long regulatory uncertainty affecting hundreds of building permits.
Heating allowance 2025: Key changes consumers need to know
Greece’s heating allowance for 2025 brings key changes with payments up to €1,200. New myDATA system replaces old processes for over one million beneficiaries.