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Wednesday
12
Aug 2026
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Athens 32°C

> Economy

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Surprise Primary Surplus of €11.4 billion (4.8% of GDP) for 2024

Significant overachievement of the government's surplus target – What ELSTAT figures show

Housing Crisis: Airbnb has hit its ceiling — Now comes the “serviced apartment”

Property owners are bypassing restrictions with serviced apartments – Short-term rentals are frozen in seven Athens neighborhoods due to oversaturation

Scope Ratings: The 3 scenarios for the evolution of Trump’s aggressive trade policy – The good, the bad & the…worst

The analysis of the German credit rating agency includes scenarios for light tariffs, trade war and a deep financial crisis with... capital controls

Trade war: China criticizes countries that choose “appeasement” towards the U.S.

Appeasement will not bring peace, and compromise will not earn respect," warns Beijing

Two new bills are coming for the utilization of public property – What changes in unclaimed inheritances and donations

Two bills that are expected to be submitted in the next period by the Ministry of Finance will put on a new basis the regime governing the registration and management of large real estate

Standard & Poor’s: Why we upgraded Greece – What will be the impact of Trump’s tariffs

Praise but also warnings from the well-known credit rating agency – The updated report by S&P Global Ratings following the new upgrade to BBB with a stable outlook

Artificial Intelligence: Which jobs are most at risk – Which sectors will see the biggest changes

The rapid penetration of AI is threatening the global labour market, increasing unemployment, inequalities and requiring continuous training and redistribution of the workforce

AADE: The controls on the “hidden” Airbnb brought 8.9 million euros – The tricks and how they found them

The controls revealed 593 owners with undeclared income from short-term rentals - The delinquency in special audits, reached 83.4%

AADE: Annual report for 2024 – Revenues exceed €71 billion, refunds top €8 billion

Key initiatives included linking cash registers with POS systems, leveraging myDATA data, and targeted audits – “In 2024, we strengthened compliance and harnessed new technologies,” noted George Pitsilis

AADE: From July 1st, the fines begin… €100 penalties for anyone not keeping a “customer logbook”

Digital customer log or a €100 fine for every vehicle that slips past the Tax Office’s radar

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