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Friday
23
Oct 2026
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Extension of VAT suspension on newly built homes “locked in” through 2026

Relief for buyers and developers – only the 3% transfer tax will apply – What Kyriakos Mitsotakis is expected to announce at the Thessaloniki International Fair

AADE: Annual report for 2024 – Revenues exceed €71 billion, refunds top €8 billion

Key initiatives included linking cash registers with POS systems, leveraging myDATA data, and targeted audits – “In 2024, we strengthened compliance and harnessed new technologies,” noted George Pitsilis

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

Chatzidakis: The out-of-court settlement mechanism is providing relief to tens of thousands of debtors

Further discussions are still needed with the banks, the Bank of Greece, and the ECB – "The out-of-court settlement mechanism is providing relief to tens of thousands of debtors," noted the Minister of Finance

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