Yesterday’s News Wrap-up includes the following:
In a press conference Tuesday, Finance Minister Kostis Hatzidakis detailed several changes the New Democracy government will bring in a coming tax bill. “Today we will present to you four important changes that modernize tax legislation and affect in one way or another all or at least large categories of taxpayers,” said Hatzidakis. “These changes will be part of a more comprehensive tax bill. A bill from the Ministry of Economy and Finance, which will include the initiatives that we have already announced, and that the Prime Minister has announced at the Thessaloniki International Fair.”
With demand for Greek real estate by foreign investors remaining on a steady upward trend and with the country’s GDP projected to grow in 2024 by 2.2% and 2.3% in 2025, resulting in an economic environment conducive to positioning in the property sector, the Athens-based Elxis company offers some interesting insights into the nationalities and reasons they are buying second homes in Greece.
The Greek Islands off the western coast of Turkey, in particular Samos, have stolen the hearts of thousands of Turkish tourists, who have flocked to the cluster of Greek isles in the eastern Aegean Sea during the summer.
As unemployment in Greece continues to hamper society, especially among the youth, notwithstanding a slight downward trend, a piece of encouraging news deriving from an OECD report gives cause for some optimism.
Only 32% of Greeks Believe their Fundamental Rights are Protected
Arecent Eurobarometer poll reveals that just 32% of Greeks feel that core European Union values—such as fundamental rights, democracy, and the rule of law—are well-protected in their country. This figure is significantly lower than the EU-wide average, where 66% of respondents feel confident that these values are upheld. Among all EU nations, Greeks reported the lowest level of trust in how these values are safeguarded in their country.
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