Despite generous buyout terms, only 1 in 18 land squatters have applied to legalize their use of public land

Apartment prices increased on average by 9% annually in 2024 (revised data), against a 13.9% rise in 2023, the Bank of Greece said.

AirDNA data show Greece ranked among Europe’s most resilient short-term rental markets, with steady demand despite rising supply

Eurostat data show Greece’s labor costs rising far faster than productivity, creating competitiveness challenges

Undercover inspectors uncovered widespread tax evasion on tourist boats operation on the Greek island of Kos

Greece's national carrier announces a strategic partnership with IndiGo, India's largest airline, a prelude to code-sharing flights

Labor costs are driven by two main components: wages and salaries, and non-wage expenses such as social contributions

In 2023, discounts under the scheme ranged between 5% and 15%. But given today’s market climate and ongoing company-led offers, observers say such reductions may not be repeated at the same scale.

Inflation is projected to decline to 2.6% in 2026 and drop further to 2.4% in 2027, according to the central bank’s baseline scenario projections.

State Budget expenditures for the period January–August 2025 amounted to €46.299 billion, lower by €3.356 billion compared with the target of €49.655

Gaming, Vardinogiannis emphasizes, is now a larger industry than both film and music. He believes the conditions exist for Greece to establish itself as a gaming hub.

The fiscal performance of the Greek economy is attributed to higher tax revenues and the contribution from the Attiki Odos motorway deal.

Job vacancy rates were slightly down in Q1 2025, standing at 2.4% compared with 2.5% in Q4 2024 and 2.9% in Q1 2024, according to Eurostat.

The Cretan olive oil is produced exclusively in Crete, where the cultivation of olive oil has been linked to the island’s history.

Deutsche Bank says the European Central Bank has probably completed its interest rate reductions, with 2% seen as the final rate, though future moves remain possible if inflation trends shift

With this planned adjustment, total social security contributions will have fallen by 5.9% since 2019, bringing the rate down to 35.66%—closer to the European Union average.

From October 1, properties on platforms like Airbnb face mandatory safety measures and insurance obligations, and violators will face steep fines

According to the OECD, Greece’s 2024 tax policy focused on 3 main areas: social security contributions, property taxation, and the alignment of taxation with environmental and tourism objectives.

Bank of America recommends a “buy” on three of the banks, except National Bank, for which it maintains a “neutral” rating.

Latest figures on number of vessels, types, companies and coming trends