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Tuesday
01
Sep 2026
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Athens 35°C

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Greece’s €4.77 billion climate plan gets green light from European Commission

Approved funding covers household renovations, heat pumps, social housing, student halls, electric buses, Metro trains, disability access and vehicle leasing, with Greece able to request its first payment from the Commission once milestones are achieved

The two faces of the Greek economy: Household wealth rises, but savings fall & borrowing grows

Greek households' gross wealth has surpassed €1 trillion, yet many remain under financial pressure as consumption is increasingly funded by shrinking savings and new loans, according to an Alpha Bank report

ELSTAT: Household disposable income at €39.13 billion in the first quarter, up 3.2%

Final consumption expenditure increased by 4.7% to €40.4 billion - The savings rate stood at -3.3%, compared with -1.8% in the first quarter of 2025

Presumptions of living expenses change after 20 years: Up to 73% reduction – Tax relief for 477,000 households

See examples - The measure mainly concerns the middle class, owners and tenants of primary residences, as well as households with one or more cars

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