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Tuesday
27
Oct 2026
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Athens 18°C

> Economy

> Economy

New framework from the government: The draft regulation for red agricultural loans

It concerns 21,000 farmers and 750 cooperatives whose debts amount to €3.8 billion - Possibility of total interest and partial capital write-off, time comfort in repayment and refinancing of the borrower with the involvement of servicers who acquire the role of administrator

2023 pension growth: An increase of $5 billion signals bigger benefits in 2025

Direct gain of 0.2% in pensions with a final increase of 2.4% in 2025 - The problem with the "debt bomb" from Eurostat has been solved

Heating allowance increase: Higher amounts for those who choose electricity, with repayment based on temperatures

According to some reports, the maximum benefit may increase to €1,200 (from €1,000 last year), while around 1.3 million beneficiaries will share out subsidies totalling €250 million

Bank of Greece: Primary surplus of €8 billion in the 9 months of January – September

The positive fiscal picture is mainly due to the significant increase in regular budget revenues

Gold’s unlimited rally: The 6+1 reasons that justify the 30 limit up in 2024

It is getting scarcer and more expensive as there are only 57,000 tonnes still to be mined - Turkey and BRICS countries are champions in the gold market

Greece’s cash reserves exceed 45 billion euros

In times of a major fiscal crisis in Europe, Greece will reduce its public debt in 2024, as in December it makes early repayment of three more instalments of the first memorandum loan

Theodorikakos: “We are doing everything to put a brake on the prices of basic goods – 26 major companies under inspection for 2,500 product codes”

The Minister of Development stressed that he asked to meet with the MPs of the New Democracy and inform them about inflation

Navigating rental nightmares: Legal solutions for delayed payments and tenant challenges

Discover how POMIDA guides property owners through rent delays and tenant issues

Strong indications of a large deposit southwest of Crete – The drilling rig is expected to start its work by spring

If confirmed by the ExxonMobil - Helleniq Energy consortium, it will be the largest natural gas field in the Mediterranean, 30 trillion feet, capable of generating €10 billion per year in revenues for Greece for a century

New distinction for Greek shipping – Yannis Xylas elected president of INTERCARGO

He succeeded Dimitris Fafalios who in his six years in office did a huge amount of work in critical periods such as the pandemic, the wars in Ukraine and the Middle East and the green transition

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