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Saturday
17
Oct 2026
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Athens 14°C

> Economy

> Economy

Funds, credits and investments of over €2.5 billion in Defense in the coming years

From SAFE, the EIB, but also from non-allocated resources of the Recovery and Resilience Facility and the NSRF, the €2.5 billion for the next 4–5 years

Subsidy up to 90% for renovation of old homes – The new program that changes the market

The new €500 million program subsidizes renovations of old homes up to 90%, aiming to activate thousands of closed properties and increase the housing supply – Expanded criteria and energy upgrade interventions are foreseen

Urban planning services transferred to the cadastre – Building permits to be processed digitally with 30% sample checks

The government is moving forward with one of the most significant institutional reforms in the field of construction and permitting, with the creation of the National Agency for Cadastre & Construction Oversight (EOKED)

Greek ports led maritime transport in the EU in 2024, according to Eurostat

Greece increased its passenger numbers by 7.1 million – Piraeus among the busiest ports

Piraeus Bank – Ethniki Insurance: A merger that changes market dynamics

Targeting profits over €100 million by 2028 for the insurance company

Warm homes, “cool” loans: The EU’s new gamble

Banks demand guarantees for energy loans

Deposits increased, loans decreased in October, according to the Bank of Greece

Deposits of insurance companies and other financial institutions fell by €38 million, compared to a decrease of €244 million in the previous month

Ministry of Maritime Affairs: Unemployment benefit for seafarers doubled, beneficiaries expanded

“We are correcting an injustice that burdened our seafarers for many years and substantially strengthening their social protection,” said Vasilis Kikilias

Black Friday 2025: Everything consumers need to know before shopping

Three days later, on Monday, December 2, Cyber Monday will follow

Britain introduces a “tourist tax” – How much visitors will pay

London and other British cities are preparing to introduce a “tourist tax”, aiming to generate hundreds of millions in revenue, despite strong opposition from the hospitality sector

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