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IMF warns Europe: Public debt could surge to 130% of GDP by 2040 without action
A new International Monetary Fund (IMF) study warns that Europe needs deep structural reforms and fiscal adjustment, as rising public spending threatens the long-term sustainability of government finances
The plan for cheaper petrol and diesel this summer: curbing fuel price hikes with a discount at the pump
Athens is preparing a temporary discount on petrol and diesel as renewed U.S.-Iran tensions push Brent above $76 a barrel, with Greece's two refineries funding the scheme, expected to run until the end of August
The Ellinikon Sports Park opens its doors, backed by a €100 million investment and a target of 1 million visitors by 2027
LAMDA Development has set out the first details of the sports park rising on the site of the former Ellinikon Airport, ahead of its soft opening to the public on 20 July. The 287-stremma complex, part of the wider Ellinikon regeneration, is expected to draw around 300,000 visitors by the end of 2026, rising to roughly 1 million in 2027
Government and supermarkets agree voluntary plan to cut grocery prices from 31 August
Retailers and suppliers now have 10 to 15 days to turn Wednesday's framework agreement into a working plan, deciding which products qualify, how deep the discounts will go, and how they will be flagged on shelves. The scheme comes as food inflation holds at 2.7%
Greece’s tax authority to track every receipt in real time with new digital “radar” system
AADE, the Independent Authority for Public Revenue, is rolling out a system that will flag suspicious drops in sales or interruptions in cash register data almost as soon as they happen, ushering in a new era of targeted tax audits.
Self-employed workers: who qualifies for half-rate tax, reduced advance payments and exemptions
Thousands of young self-employed professionals are benefiting this year from a reduced tax rate of 4.5%, a 50% discount on advance tax payments, and exemption from the presumptive tax system, provided they meet the specified income and activity requirements
