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.
Economy
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.
Euronext CEO: Athens Stock Exchange to become key hub for Southeast Europe
Euronext CEO reveals plans to make Athens Stock Exchange a Southeast European hub, praising Greece’s “impressive economic progress” and earnings potential.
Greece launches 25,000 new homes from public property scheme
Greece unveils ambitious plan to create 25,000 affordable homes using public properties through innovative social exchange program targeting vulnerable groups.
Greece launches €10,000 relocation grants for Evros region
Greece launches €10,000 relocation grants for families moving to Evros region. Applications now open for pilot demographic development program.
Greek tax authority launches auction “storm” through November
Greek tax authority launches massive property auction wave through November, targeting tax debtors with properties starting from €975 to €3.2 million.