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Friday
15
May 2026
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Athens 25°C

> Economy

> Economy

Starlink’s $17 billion deal with EchoStar – What it means for SpaceX

SpaceX obtains spectrum licences and greater autonomy in direct-to-device services without the need to work with terrestrial providers

The 19 islands in the Dodecanese, Northern and Eastern Aegean where VAT is reduced by 30% – See the list

Pierrakakis: “Effectively, the 24% VAT becomes 17% and the 13% VAT becomes 9%” – The measure is already applied on 5 islands in the Eastern Aegean that maintain reception facilities for refugee flows

ENFIA is abolished for settlements of up to 1,500 residents within two years, benefiting 1 million citizens – Pierrakakis details the TIF measures

VAT Reductions for Middle-Class Taxpayers

How much young people, families with 3+ children, and freelancers will gain from 2026 – Up to €5,000 relief for the middle class

Finance Minister Kyriakos Pierrakakis will announce at 11:00 how the €2.5 billion in benefits announced by the Prime Minister will be distributed

Olive oil: Why prices in Greece are to increase

Falling stocks and forecasts of lower production in Greece and Spain are pushing olive oil prices higher, raising concerns for consumers and businesses ahead of winter

Taxes on rents and imputed income are reduced – Changes in VAT and ENFIA

New 25% middle tax bracket on rental income of €12,000–24,000 – 30% reduction in imputed income – Zero ENFIA for first homes in villages from 2027 – 30% VAT reduction on border islands

The Thessaloniki Fair that changed taxes: Major cuts for the middle class, relief for young people and families

Tax reform with a strong focus on families, young people, and growth was at the heart of the 89th Thessaloniki International Fair (TIF) announcements for 2026

ICL: The 11th International Maritime Law Conference on 2-4 October

The conference organized by the Piraeus Bar Association is entitled "Risks of the Maritime Mission, from a new perspective" and will be held at the Eugenides Foundation

Athens International Airport: 22.71 million passengers in 8 months – 6.8% increase

The number of flights at Athens International Airport during the first eight months of 2025 reached 191,165, an increase of 5.9% compared to 2024

TIF: New tax system for families – How it will be implemented

What is the French taxation model that is on the table for the TIF package - The "family" logic of the quotient familial - Its philosophy and the scope for implementation

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