Peloponnese real estate boom: Price surge and investment opportunities
The Peloponnese real estate market is booming with property prices rising 30.7% over five years, attracting Greek and foreign investors to prime coastal areas.
Economy
Porsche, Ferrari, Lamborghini and a 725kg car turned statue
Rare Ferrari, Porsche, Lamborghini supercars hit Sotheby’s auction block alongside mysterious 725kg car sculpture from Italy worth up to $120,000.
Middle class at center of Greece’s economic package unveiling
Greece unveils major economic package exceeding €1.5 billion targeting middle-class tax relief, family support, and housing assistance amid stable budget surpluses.
AADЕ “commando” team enters OPEKEPE: Land, leases scrutinized
Greek tax authority deploys elite team to investigate OPEKEPE agricultural subsidy fraud, promising comprehensive audits and asset seizures for violators.
Thessaly-Phthiotis: Compensation from €70 to €5,301 per acre
Greece provides €12 million in compensation to farmers affected by storms Daniel and Elias, with payments ranging from €70 to €5,301 per acre based on crop type.
Asset Declaration 2025: October 31 deadline approaches
Greek officials face October 31 deadline for mandatory asset declarations through new digital platform with automated bank data extraction features.
Greek cruise passenger fee sparks debate over tourism development
Greece’s new cruise passenger fee faces mixed reactions as the industry generates €1.1 billion while debating sustainable tourism development and infrastructure needs.
Greek electricity bills undergo major changes as green tariffs burn consumers while blue options offer savings
Greek electricity market splits into two speeds: expensive green tariffs burn consumers while blue fixed tariffs offer savings up to 200 euros annually for households.
Protests against Israeli tourists: causes, consequences and reality
Recent protests against cruise ships carrying Israeli tourists represent isolated incidents that don’t worry Greek tourism representatives, as Israel remains crucial for Greece’s economy.
Greece targets VAT fraud with 10 innovative digital measures
Greece launches ambitious plan with 10 digital measures to combat VAT fraud, targeting 1 billion euros in additional revenue through AI and advanced technology.
Greek tax authority races to close cases before 2025 deadline
Greece’s tax authority races against time to audit thousands of cases from 2009-2021 before they expire on December 31, 2025, focusing on high-value targets.
Athens Stock Exchange hits historic 9-month rally with 44% gains
Athens Stock Exchange achieves unprecedented 9-month rally with 44% gains and banking sector soaring 88%, reaching highest valuation since 2007.