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Wednesday
28
Jan 2026
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Athens 15°C

> Economy

> Economy

Pierrakakis meets POMIDA leadership: Boosting housing supply is top priority

The Minister of Economy presented the new package of measures affecting property owners, announced by the Prime Minister at the Thessaloniki International Fair (TIF), to representatives of the Panhellenic Federation of Property Owners (POMIDA)

All Euro banknotes to change, €500 notes phased out – Maria Callas featured on the new €5 bill

With a strong Greek influence and two thematic categories (historical figures – rivers and birds), the new banknotes are expected to circulate in 2026

The geopolitical significance of Chevron’s participation in hydrocarbon exploration and the next steps of the major tender

The American energy giant enters the Greek upstream sector with a strong presence – acquiring 70% in a joint venture with Helleniq Energy

New wave of auctions for homes and plots of tax debtors – See the list

Starting prices for auctions scheduled until December range from €1,000 to €3.2 million

Overtime pay increased by 48%

Revenues from overtime contributions and overtime increased by 34% - What the Ministry of Labour data show

Chevron has submitted a bid for areas south of Crete together with Helleniq Energy

Vote of confidence in Greek deposits and indirect disapproval of Turkish claims of "Blue Homeland"

BofA: New price targets and recommendations for the Greek banking sector

Bank of America has raised its price targets for Greek banks — Estimates for National Bank, Piraeus, and Alpha Bank — Outlook for earnings, revenues, and dividend yields

ELSTAT: Inflation down to 2.9% in August – Double-digit increases in coffee, airline tickets, food, rents

On a monthly basis, consumer prices rose 0.1% - 23.2% rally in chocolates and 11.6% in fruits

Pierrakakis to Protothema: The largest tax cut ever – Changes to appear in salaries from January

“The TIF package is a targeted reform for demographics and the middle class,” notes the Finance Minister on Direct – “The reduction in direct taxes reaches the citizen.”

The “imputed income trap” for children is being abolished – What changes in 2026 for students, conscripts, and young workers

How they will avoid extra taxes and no longer jeopardize their parents’ social benefits

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