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Saturday
24
Oct 2026
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Athens 22°C

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How to open thousands of houses that are closed: “My House II”, social consideration and incentives

The government seeks to address the housing crisis with initiatives that include, among others, the utilization of public real estate, tax breaks for tenants, but also cooperation with private individuals for the construction and rental of low-cost housing.

Surprise surplus of €10 billion and spending manoeuvres increase the basket of benefits

Double benefit package, at the TIF and in April - Excess revenues and curbing tax evasion - Maneuvers in spending for more space - Which targets have already been exceeded

BoE: Cash primary surplus of €7.2 billion in 7 months to 2025

ELSTAT: 1.3% increase in the turnover of Greek businesses to €123.77 billion in the second quarter

UBS: Positive outlook for the Greek economy – The three key drivers of growth

Swiss house upgrades its 2026 growth forecast to 2.4% from 2.3% previously - Buy recommendation on banks maintained - Risks focus mainly on exogenous factors

TIF: The abolition of the personal difference for 670,000 pensioners is gaining ground – What they will gain, how much the measure costs

The abolition rather than the cut of the personal allowance seems to be gaining ground as a measure that will generate positive reactions against the increase of the 250 euro allowance that is still on the table

The first “notices” with hefty fines are coming for 350,000 drivers with uninsured cars, no roadworthiness test (KTEO), and unpaid road taxes

Notifications with fines of up to €10,000 are arriving in digital mailboxes – Cameras will also be deployed – The vehicle registry cleanup begins

State budget: €2.1 billion surplus in the seven months to 2025 – Tax revenues above targets

Primary surplus reaches €8 billion against a target of €3.599 billion

Tax cuts for the middle class: Which measures for the TIF are locked in and which are being weighed

It will apply to 2026 incomes with less withholding from the January payroll - New scales and rates for incomes up to 50,000 euros - Reductions in business rates - Tax bonuses for families with children - Increase again in the minimum wage in the private sector

Tourism: A record 69,000 flights in Europe in August – Greece’s positive and negative performance

Greece performs better in terms of passenger traffic growth compared to the major Mediterranean tourist markets, but delays in flight departures are also higher, according to official Eurocontrol data

Handelsblatt: Germany can learn pragmatism from Greece

From the image of "bankrupt Greeks" to the surprise of "practical reforms" - How Greece teaches "pragmatism instead of pessimism"

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