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Jul 2026
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Municipal taxes: cuts for older properties, increases for high-value and newly built homes — see examples

The new Local Development Fee will replace existing municipal property charges from 2027, with a second reform expected in 2028 to remove municipal fees from electricity bills

Finance Ministry fires back at Tsipras with ‘20 truths’ on Greek economy – read it here

The Ministry of Finance states in a press release that the criticism leveled by ELAS is based on “distortions, inaccuracies, and a misleading interpretation of the data”

Prices on basic goods frozen for two months, further de-escalation expected from September

The profit-margin cap expires on June 30, while reductions on around 2,000 product codes will remain in place throughout the summer and new interventions on basic goods are expected from early September

Bank of Greece: 5.3 billion euro surge in private sector deposits in May

Private-sector deposits increased by 5.313 billion euros in May, compared with a decrease of 66 million euros the previous month - The annual rate of change in total financing of the domestic economy rose to 4.6%

Fais Group: Exploring new activities and brands

Sales up 13% in the first half – Interest in tourism projects – New stores opening

Hellas Sat at Eurosatory 2026 to showcase technological advancements in defense, security, and space

This is the world's largest international defense and technology industry exhibition, which took place in Paris, with 2,100 exhibitors from 65 countries,

Customs duty exemption for small parcels from China ends: Platforms pass on charges, consumers cancel orders

Even if an order has already been placed “without the three-euro fee”, if it passes through customs after 1 July, the courier may request an additional charge for delivery

Greek Defence Industry: A last major opportunity and the open challenge of the 25% local participation rule

The €30 billion rearmament programme, new investments by METLEN and GEK TERNA, the push to formally establish a 25% Greek industrial participation requirement, and the "Greek Dome" missile defence project moving toward final approval

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

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