Inflation in Greece Climbs to 2.9% in Nov. on Service Prices Surge

From Tehran’s bazaars to provincial cities, economic collapse and police terror are colliding with a society that no longer believes the system can be fixed

A monthly ceiling of 5,000 euros will apply to person-to-person transactions. Business payments, however, will have no monthly limit.

According to estimates from the Piraeus Chamber of Commerce and Industry, annual retail sales appear to be stabilizing, with growth projected at around 5%.

The Greek Prime Minister underlined that respect for international law remains Greece’s guiding principle, while acknowledging the need for realism and strong deterrence capabilities.

As part of the mobilization, taxi drivers will hold daily rallies at 10:00 a.m., followed by marches to the Ministry of Transport.

According to the country’s statistics authority, nearly every business in the country also has Internet access

Outshining idyllic locations in Greece, fairytale landscapes in Croatia and iconic spots in London, Skopelos claims first place.

Greek tax authorities plan a new wave of property auctions, including villas and high-end homes in sought-after areas, as overdue tax debts climb to record levels and enforcement measures intensify.

Authorities launch parallel technical and judicial investigations after a 40-minute collapse of air traffic control disrupted flights, stranded passengers, and exposed concerns over aging infrastructure

A prolonged communication failure in Greek airspace halted flights for hours, prompting investigations into technical faults, possible interference, and the resilience of ageing aviation systems

Greece ranks 28th in Europe’s 2025 Sustainable Development Index, with setbacks on inequality, education and social cohesion, a new report finds

As farmers threaten nationwide highway closures, the government weighs new concessions alongside fines and administrative penalties, signaling that patience with prolonged blockades is running out

Flights to and from Greece were temporarily halted, while only aircraft already airborne were being handled under contingency procedures

Although January 2 is not an official public holiday, most retail stores across Greece are closed for annual inventory checks, while banks operate as normal and supermarket schedules vary

Strong growth forecasts for 2026 hinge on investment delivery, inflation control and the final stretch of EU recovery funds, raising concerns over whether ambitious targets can translate into lasting gains for incomes and productivity

Starting January 15, 2026, IRIS users will benefit from higher daily and monthly transaction limits, making peer-to-peer and professional payments faster, more flexible, and a practical alternative to traditional banking

The Independent Authority for Public Revenue (AADE) in Greece will intensify VAT refund checks, increasing targeted audits, cross-checking POS data, and reviewing suspicious claims to combat tax evasion and prevent illegal refunds.

Greece’s 2026 public holiday calendar offers only three long weekends and one four-day Easter break, with several major holidays falling on weekends resulting in a mixed outlook for workers, travelers and families planning time off