Property tax discount sparks surge in home insurance contracts
Greek property owners rush to secure home insurance contracts before Feb 16 deadline to lock in up to 20% property tax discount for natural disaster coverage.
Economy
Greece announces €1.2 billion in social benefits for 2026-2027
Greece plans €1.2 billion in social benefits for 2026-2027, including tax cuts, reduced social security contributions, and support for vulnerable households.
Stournaras tells Bloomberg: “Euro appreciation won’t change ECB monetary policy direction”
Bank of Greece Governor Yannis Stournaras tells Bloomberg that ECB monetary policy won’t shift despite euro appreciation against the dollar.
Prison up to 10 years and heavy fines for illegal gambling
Greece introduces strict new laws against illegal gambling with prison sentences up to 10 years and fines reaching €100,000 to combat the €1.5 billion underground market.
BOAK: AKTOR joins with 36%, Metlen takes 24% stake
Major Greek infrastructure deal: AKTOR takes 36% stake in €2bn Northern Road Axis of Crete project, while Metlen acquires 24% share in Europe’s largest highway.
Pierrakakis: “We save €800 million annually from 2029” with early debt repayments
Greek Finance Minister reveals early debt repayment will save €800 million annually from 2029, ensuring current generation won’t burden the next with bailout debt.
ECB keeps interest rates unchanged at 2% for fifth consecutive time
ECB maintains 2% interest rates for fifth straight meeting as officials assess eurozone economic impact amid declining inflation and cautious growth outlook.
AKTOR Group unveils new organizational structure and vertical business model
AKTOR Group announces major organizational restructuring with vertical business model integration to accelerate growth and create shareholder value.
Everything changes in property transfers: 4 interventions for express contracts
Government announces four major reforms for express property transfers, streamlining transactions and reducing bureaucracy through digital integration.
Greece tracks crypto: Tax authority monitors digital transactions
Greece joins OECD crypto tracking system. Tax authority monitors digital transactions, exchanges from January 2026. End of crypto anonymity for investors.
From $200,000 to $2.1 million: Saudi art market surge reveals safe haven for investors amid geopolitical uncertainty
Saudi art market explodes as Safeya Binzagr’s painting sells for $2.1M, ten times estimates, revealing art as investors’ safe haven amid Middle East uncertainty.
Real estate market: What investors demand from construction companies
Discover what modern real estate investors demand from construction companies and how the value partner model is transforming property development collaborations.