> Economy
> Economy
Electricity Bills: Greece to end 50-year system of collecting municipal fees through power bills – Why the change is happening
European pressure for "clean" energy bills, concerns from municipalities, and the challenge of implementing a new collection system are driving the reform. Third-party charges have long blurred the true cost of electricity
Oil prices plunge 10% for the week as Hormuz traffic resumes; Brent settles at $71.99
Higher tanker traffic through the Strait of Hormuz and easing supply concerns drove oil to its steepest weekly decline in months. Brent fell 4.34% on Friday, while WTI slipped below $70
Strong Greek footprint in the EU’s new grids package – Interconnections and energy security at the forefront
The EU adopts a new strategy for energy grids, with Greece playing a key role in advancing the view that electricity networks should be treated as a European, rather than purely national, responsibility
Non-performing loans: New rules on monthly instalments take effect immediately
Changes that will take effect today for monthly payments and interest, regulation concerns borrowers whose loans are under active repayment plans through Greece’s Katseli Law
Greek gambling regulator files criminal complaints against 18 influencers over illegal betting ads
The influencers had a combined audience of more than 3 million followers, mostly minors. New crackdown is taking place as illegal gambling becomes more popular
Vertical Corridor: Interest in natural gas exports to six countries in Southeast Europe
Atlantic See is promoting agreements to supply natural gas via Greece to countries in Southeast Europe, as part of the “vertical corridor” LNG, with the goal of ensuring long-term supplies and strengthening the region’s energy security
When Greece’s 2026 summer sales begin and which Sunday shops may open
Consumers are advised to check that previous and reduced prices are clearly displayed before making purchases
New Greek real estate register brings fines of up to €1,000 and changes to annual property tax
A new law imposes fines on those who fail to report leases and concessions to the new Real Estate Registry, links the declaration of use to the E9 form, and changes the method for calculating the ENFIA property tax for properties with discrepancies in square footage
