New digital platform targets uninsured vehicles and traffic violations
Greece launches advanced digital platform to track uninsured vehicles and traffic violations, with fines up to €1,000 for non-compliance.
Economy
New city hotels and next-gen resorts transform Greek tourism
Greek tourism evolves with luxury city hotels and next-gen resorts featuring VIP suites, rooftop bars, making Athens, Crete and islands year-round destinations.
Imputed Income: Shocking cuts up to 73% for homes, cars and boats
Greece cuts living standard tax indicators up to 73% for cars, 35% for homes, and 30% for boats, providing relief to 480,000 taxpayers starting 2025.
November 2025 pension payment dates for all Greek funds
Greek November 2025 pension payment dates announced. Non-salaried workers receive payments October 27, salaried workers October 29. All pension funds included.
Tax cuts bill enters public consultation: €1.7 billion support measures
Greece introduces €1.7 billion tax cuts targeting middle class, young people, and families. New income tax brackets and support measures effective January 2026.
Gold prices hit record highs: Why the “crazy” rally continues
Gold hits record $4,000+ per ounce as investors seek safe havens amid Trump policies, government shutdown, and global uncertainty. Experts predict $5,000 target.
Heating oil distribution starts October 15: subsidy recipients and payment dates
Greece begins heating oil distribution October 15 at €1.11-1.12 per liter. MyΘέρμανση platform opens in November for subsidies up to €1,200 for eligible households.
Out-of-court mechanism surges in September with over 43,500 successful debt arrangements
Greece’s out-of-court debt mechanism hits record highs in September with 43,533 successful arrangements totaling €14.08 billion, marking a 28% increase.
Heavy fines for businesses without IRIS: Deadline until November 1st
Greece mandates IRIS payment system for all businesses by November 1st, with heavy fines up to 20,000 euros for non-compliance. Digital payment revolution begins.
Greeks find coffee “bitter” as price hikes reduce consumption
Rising coffee prices in Greece transform daily pleasure into luxury as freddo espresso exceeds €4, forcing consumers to reduce consumption or switch to home brewing.
Heating allowance 2025-2026: Who gets up to €1,200 and when
Greece’s heating allowance for 2025-2026 offers up to €1,200 to eligible households. Applications open in November with payments before Christmas.
Rent refund: When you’ll see the money in your accounts
Greece’s automatic rent refund program delivers up to €800 annually to over one million tenants in late November, providing crucial financial relief.