#ECONOMY

Greece grants major tax relief to freight forwarders with retroactive VAT exemption

Greece grants major tax relief to freight forwarders with retroactive VAT exemption

The newly tabled amendment grants a retroactive value-added tax (VAT) exemption covering a full decade for auxiliary services provided by licensed freight forwarders in Greece to airline companies.
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Fuel prices in Greece drop significantly ahead of Easter travel

Fuel prices in Greece drop significantly ahead of Easter travel

The average retail price for 95-octane unleaded petrol has dropped to €1.785 per liter, from €1.976 last Easter in Greece.
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Greece’s Economic Policy Hits Repeat: Familiar Promises, Little Delivery

Greece’s Economic Policy Hits Repeat: Familiar Promises, Little Delivery

This latest unveiling was presented with confidence and ceremony, echoing the language of change and ambition.
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Trade Tensions Rise: What the EU’s Dilemma Means for Greece’s Economy

Trade Tensions Rise: What the EU’s Dilemma Means for Greece’s Economy

The escalating tensions between Brussels and Washington are forcing EU member states to prepare for a range of economic and geopolitical outcomes.
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Greece’s Road to Recovery: Investment Alone Won’t Rebuild a Fragile Economy

Greece’s Road to Recovery: Investment Alone Won’t Rebuild a Fragile Economy

The report outlines two projections for how long it might take Greece to return to its pre-crisis capital stock levels
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Greek Economy Saw 2.3% Growth in 2024, GDP at €201.5 Billion

Greek Economy Saw 2.3% Growth in 2024, GDP at €201.5 Billion

Greece’s economy grew by 2.3% in 2024, with its Gross Domestic Product (GDP) reaching €201.5 billion, according to an initial estimate released by the Hellenic Statistical Authority (ELSTAT). The figure reflects an increase from €197.0 billion in 2023, driven by changes in key GDP components.
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New Bill Introduces Major Reforms to Debt Management and Borrower Protection Framework

New Bill Introduces Major Reforms to Debt Management and Borrower Protection Framework

The legislation includes a provision for the restructuring of loans that have been guaranteed by the Greek state.
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EU's Declan Costello Urges Faster Reforms in Greece, Warns No Extension for Recovery Fund Deadline

EU's Declan Costello Urges Faster Reforms in Greece, Warns No Extension for Recovery Fund Deadline

As of now, Greece still has 240 out of 471 milestones pending, which are linked to €17-18 billion in funds.
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Greek Households Struggle as Income Covers Just 23 Days Per Month

Greek Households Struggle as Income Covers Just 23 Days Per Month

Despite a slight improvement in economic indicators, financial hardships remain widespread, as six out of ten households report that their monthly earnings are insufficient to cover all expenses.
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intime

Kostis Hatzidakis Outlines New Priorities for Greece’s Economy

The Greek government is signaling a new economic focus, emphasizing investments, exports, market competition, and overall competitiveness.
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Ecofin Approves Amendment to Greece’s Recovery and Resilience Plan

Ecofin Approves Amendment to Greece’s Recovery and Resilience Plan

The amendment request covers the disbursement of €3.13 billion (€1.35 billion in grants and €1.78 billion in loans).
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Greece’s Economy in 2025: Growth Amid Global Uncertainties

Greece’s Economy in 2025: Growth Amid Global Uncertainties

Greece is expected to achieve a robust growth rate of 2.5% in 2025.
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