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Wednesday
12
Aug 2026
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Athens 34°C

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Parental gifts in Greece: how a money transfer mistake can trigger a 10% tax bill

A Dispute Resolution Directorate ruling shows a 26,000-euro gift declared as daughter-to-father was reclassified as son-in-law to father-in-law once her husband proved to be the actual donor, triggering a 5,200-euro tax bill and 2,600-euro penalty

With just a sworn statement, 1,000 transactions with the government regarding pensions, marriages, employment, and businesses

The 25 certificates that no longer need to be repeatedly submitted to government agencies—Immediate steps to reduce bureaucracy in matters related to pensions, marriage, employment, and business licensing - What the reform drafted by Deputy Prime Minister Kostis Hatzidakis entails

The milestones for the digital euro: When it will be put into pilot circulation, what will change in transactions

Offline payments with the digital euro mean that there will be no digital footprint of the consumer's transaction which ensures the required privacy

All the reductions in bank fees – What changes in ATM transactions from Monday 11/08

Supplies: All the statutory reductions in banks for cheaper transactions - The government's interventions on all popular banking transactions

The mandatory interconnection of POS with cash registers is a treasure for the Greek economy

Impressive figures from the Hellenic Revenue Authority for electronic payments - One third of the total increase in VAT revenues over the period 2022-2024 is directly attributed to improved tax compliance

Up 7×8 on the Athens Stock Exchange: 3.3% gain in November – Which stocks stood out

At a three-week high, the General Index comfortably broke the "barrier" of 1,420 units - Seventh session with positive signs for banks, which occupied more than 60% of today's transactions

IRIS: Over 3 million use it by 2024 – Interventions to reduce transaction costs

The benefits for citizens & professionals of using IRIS

Online Fraud “Sweeping” Transactions – To what extent is Greece protected

What a joint report by the European Central Bank and the European Banking Authority reveals - The theft of cash card details is a significant issue - How to protect ourselves - DORA: What the new EU law on digital protection for banks and companies involves

Banks to raise limit for contactless card payments until May 31

The measure forms part of the response designed to slow the spread of the novel coronavirus and protect public health

Banks limit personal transactions during coronavirus pandemic

"There is absolutely no limit to the free withdrawals of cash & customers will be able to withdraw any amounts they wish"

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