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Tuesday
27
Oct 2026
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Athens 16°C

> Economy

> Economy

In Parliament the tax bill with 12 tax cuts and zero VAT on new buildings throughout 2025

Submitted to Parliament with Additional Positive Measures - ENFIA Abolished for Preserved properties worth up to €400,000 - Allowances Increased for Armed Forces - Who will receive emergency financial support by December 31st - Detailed overview of measures

Traffic fees: New type of fines instead of extension await latecomers

At 1.25 billion euros the bar of collections - The deadline expires 31 December and then begin the surcharges - ADTE's guide to filing plates

Exemptions from municipal fees for vacant properties and general upcoming changes

New legislation aims to simplify processes and prevent excessive fines

A Macy’s employee hid $150 million in sales

The employee, who no longer works for the company, "intentionally made incorrect accrual accounting entries" – The motives behind their actions remain unknown

Eurobank: Acquires 93.47% of Hellenic Bank

The bank will make a new public offer in the new year for the acquisition of the remaining shares of Hellenic Bank

Bloomberg: New Greek hotspot for secret transfers of Russian oil

Lesvos and Chios become key locations for transferring Russian diesel, fuel oil, and other petroleum products, raising environmental concerns

Wyndham Hotels Resorts: Three new projects in Greece for the world’s largest hotel franchising group

The plans of the group that already has a presence with 13 hotels in Greece - Piraeus, Chalkidiki and one more project in Attica will be the next, sure stations in the period 2025-2026

Olive oil: The price of oil in Laconia, Messinia, Crete

The final price is influenced by quality, region of origin, and whether it is purchased directly from the producer or through commercial networks

Investments of $126 billion in floating production units for oil and LNG are expected by 2030

The moves of Maria Angelicoussis, Dr. Nikos Tsakos, and Yannis Dragnis - 70% of the projected investments will be directed toward 54 Floating Production, Storage, and Offloading (FPSO) units

Motor Oil: The acquisition of Elector is scheduled for the first quarter of 2025

The impact on production from the refinery fire, the decisions on the dividend and the big loss of Vardis Vardinoyannis

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