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Tuesday
05
May 2026
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Athens 24°C

> Economy

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Cyprus: Government proposal for a tax-free threshold of €20,500 and discounts on family incomes and businesses

With the proposed reform, there is a significant reduction in the tax burden on households, ranging from 63% to 82% for a typical middle-class household

Ministry of Finance: The electronic auctions for the granting of 550 coastal and beach sections for 2025 begin

The deadline for conducting the electronic auctions is March 31, 2025

Tomorrow, the new contribution refund of 1.6 million euros to professionals

In this seventh payment, the highest refundable amount, which will be credited to the bank accounts of 663 beneficiaries, amounts to 11,024.99 euros

The Commission’s “Clean Industry Deal” to reduce energy costs for companies and households

Lower energy costs, increased demand for clean products made in Europe, and funding for the clean transition – The agreement will mobilize over €100 billion to support clean production in the EU

Source of wealth declarations – Deadline: Time is running out for pending submissions – Until When can declarations be filed?

What changes for those required to submit a source of wealth declaration

Tsakos Energy Navigation: In negotiations for the construction of 9 additional Shuttle Tankers worth $1.3 billion

The company owned by Dr. Nikos Tsakos already has an ongoing shipbuilding program for 12 such tankers, with four already in the water

BP abandons its renewable energy plans and returns to fossil fuels

Donald Trump's "drill baby, drill" has re-encouraged investment in fossil fuels

New plunge in the Athens Stock Exchange for Piraeus Bank – More than €350 million in turnover

The General Index below 1,600 points - Piraeus Bank's difference was zero compared to 4.58 euros, the price at which the placement for 2.8% of the share capital was carried out

Tesla: New car sales halved in Europe after criticism of Elon Musk

In January 2025, the US automaker sold 9,945 vehicles in Europe, compared to 18,161 in January 2024 - Some believe that the development comes after Elon Musk's interventions in the European political scene

Budget: Primary surplus of €1.98 billion in January – 5.6% increase in tax revenues

Above the target for a primary surplus of 1.4 billion euros and against a primary surplus of 2.28 billion euros compared to the corresponding month of 2024 - Tax revenues amounted to 5.88 billion euros

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