Greek private healthcare spending reaches 3.3% of GDP amid rising inequalities
Greece’s private healthcare spending hits 3.3% of GDP, highlighting stark social inequalities and inadequate public long-term care funding compared to EU standards.
Economy
Middle East war costs Europe €47 billion as Strait of Hormuz fears grow
Middle East conflict drives European energy costs up by €47 billion in just 10 days, raising fears about potential disruptions in the strategic Strait of Hormuz.
Greek property transfer tax revenues surge 14% in Q1 2026
Greek property transfer tax revenues jumped 14% in Q1 2026 as strong demand and limited housing supply keep real estate prices elevated despite global tensions.
Antetokounmpo and Sklavenitis transform Renti with major retail hub
Major retail transformation in Renti as Antetokounmpo family partners with Premia Properties while Sklavenitis invests €150M in former factory site.
Greece among Europe’s most expensive Airbnb markets at €141 per night
Greece ranks 12th among European countries for Airbnb prices at €141 per night, with extreme seasonality driving summer rates 55% higher than off-season.
Good news for retirees: pension increases coming this summer
Greek government announces major pension reforms this summer, including increases for low-pension recipients and restoration of holiday bonuses for all retirees.
ECB prepares new interest rate hike amid low savings returns
ECB prepares new interest rate hike amid geopolitical tensions and inflation fears, while Greek banks maintain high profit margins but savers see low returns.
Relief for thousands of insured: Pension “window” even with debts over €30,000 to EFKA
Council of State ruling allows thousands of Greek pensioners with EFKA debts over €30,000 to finally retire, opening new pension pathways for debt-burdened workers.
72 installments for tax and social security debts – new payment plan
Greece introduces 72-installment payment plan for tax debts, offering relief to 1.8M debtors with 160B euros owed to authorities and social security funds.
Greece launches 72-installment debt payment plan and home renovation program
Greece introduces 72-installment payment plan for state debts and €500M home renovation program with subsidies up to €36,000 for properties built before 1990.
Bitcoin falls below $60,000 after Strategy moves, biggest drop since October 2024
Bitcoin drops below $60,000 following Strategy’s major sell-off, marking its biggest weekly decline since October 2024 amid market uncertainty.
What the increase in bank account exemption limits really means
New €1,600 bank account protection limit helps 1.8 million Greek debtors avoid wage and pension seizures, providing financial relief amid rising costs.