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Saturday
05
Sep 2026
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The full package of real estate measures: Which owners benefit from renting out now and what they pocket

Tax-free rents for vacant homes – Tax deductions of up to €1,300 per year – Reduction of imputed income – Renovation programs and state subsidies

The new tax scale only for young people up to 30 years old – Up to three times the tax-free rate

From 1 January 2026, young people under 25 years of age earn a tax-free income of 22,204 euros, instead of the current 8,636 euros

Thessaloniki International Fair: How the tax imputed expenses are reduced for houses, boats, and cars – Changes apply from this year’s incomes

30% reduction for boats and houses – What the imputed expense will be for each car (examples) – Exemption for children over 18

Starlink’s $17 billion deal with EchoStar – What it means for SpaceX

SpaceX obtains spectrum licences and greater autonomy in direct-to-device services without the need to work with terrestrial providers

The 19 islands in the Dodecanese, Northern and Eastern Aegean where VAT is reduced by 30% – See the list

Pierrakakis: “Effectively, the 24% VAT becomes 17% and the 13% VAT becomes 9%” – The measure is already applied on 5 islands in the Eastern Aegean that maintain reception facilities for refugee flows

ENFIA is abolished for settlements of up to 1,500 residents within two years, benefiting 1 million citizens – Pierrakakis details the TIF measures

VAT Reductions for Middle-Class Taxpayers

How much young people, families with 3+ children, and freelancers will gain from 2026 – Up to €5,000 relief for the middle class

Finance Minister Kyriakos Pierrakakis will announce at 11:00 how the €2.5 billion in benefits announced by the Prime Minister will be distributed

Olive oil: Why prices in Greece are to increase

Falling stocks and forecasts of lower production in Greece and Spain are pushing olive oil prices higher, raising concerns for consumers and businesses ahead of winter

Taxes on rents and imputed income are reduced – Changes in VAT and ENFIA

New 25% middle tax bracket on rental income of €12,000–24,000 – 30% reduction in imputed income – Zero ENFIA for first homes in villages from 2027 – 30% VAT reduction on border islands

The Thessaloniki Fair that changed taxes: Major cuts for the middle class, relief for young people and families

Tax reform with a strong focus on families, young people, and growth was at the heart of the 89th Thessaloniki International Fair (TIF) announcements for 2026

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