AADE continues Operation “Summer” – Three-day crackdown on tax evasion
Greek tax authority AADE intensifies summer crackdowns on tax evasion across popular tourist destinations, catching numerous businesses avoiding taxes.
Economy
Greek average salary to reach €1,650 by 2027 with raises for 500k workers
Greek salaries set to reach €1,650 by 2027 as 500,000 workers prepare for significant wage increases of up to 30%, boosting purchasing power nationwide.
Greece launches €500M treasury bill auction on August 20
Greece announces €500M treasury bill auction for August 20, offering 26-week securities to institutional and private investors through competitive bidding process.
Antetokounmpo brothers’ golden business empire: Real estate to tech investments
Giannis Antetokounmpo expands his business empire with investments in real estate, tech, healthcare, and sports, building a diverse portfolio worth millions.
Pension backpay from €1,200 to €12,500 for 130,000 retirees
Major pension backpay packages worth €1,200-€12,500 will benefit 130,000 Greek retirees starting in August, covering bank employees, military personnel.
Greek tax authority hits Santorini cruise boats with €14,140 fines
Greek tax inspectors launched surprise raids on Santorini cruise boats, finding violations in 43% of vessels and imposing €14,140 in fines for tax evasion.
ATM fees abolished: Free cash withdrawals start Monday in Greece
Greece abolishes ATM fees starting Monday, making cash withdrawals free from all Greek banks with €1.50 cap on third-party machines nationwide.
Greek tourism hits peak: Overtourism and short-term rentals threaten future growth
Greek tourism faces crisis as overtourism and short-term rentals threaten sustainability despite record revenues reaching €4.3M in early 2025.
Greek banks target €13bn in new loans for 2025 amid credit expansion push
Greek banks target €13bn in new loans for 2025 as they boost credit expansion to maintain profitability amid ECB interest rate cuts and strong economic recovery.
Women earn €200 less than men monthly in Greece wage gap study
Greek women earn €200 less monthly than men according to EFKA data, highlighting persistent wage inequality in the labor market and retirement benefits.
Digital Euro revolution: Four pillars of the Eurozone’s new monetary system
EU introduces Digital Euro alongside strict cryptocurrency regulations, creating a secure European payment system with four key pillars transforming Eurozone transactions.
Overdue debts: Applications begin for Storm Daniel victims
Storm Daniel victims can now apply for overdue debt relief through Greece’s new payment arrangement program, offering up to 72 interest-free installments until Sept 30.