Ministry of National Economy and Finance

Clarifications on the tax on small second-class recreational boats included in the new law of the Ministry of National Economy and Finance entitled “New Development Program for Public Investments and Additional Provisions” were given by government spokesman Pavlos Marinakis in an interview with Skye radio station.

The Ministry of National Economy and Finance has indicated that 75% of the government’s pre-election pledges have already been fulfilled just a year and a half after the elections, largely due to the announcements made at the Thessaloniki International Fair (TIF). Now, preparations are already underway for a new wave of measures set to roll out from 2025 onward.

From October 30, taxi drivers who do have not affixed a special sticker informing customers that the driver is required to accept card payments and issue a receipt will face a fine of 1,000 euros.

The European Commission issued a decision approving the EU's financial contribution to the implementation of the Alexandroupoli Independent Natural Gas System (INGS) project, in the context of the Operational Program EPANEK 2014-2020, Alternate Minister of National Economy and Finance Nikos Papathanasis announced on Monday.

According to preliminary data on the execution of the state budget on a modified cash basis, a surplus of €1.048 billion was recorded in the January-August 2024 period. This is a significant achievement, considering the 2024 Budget Report had forecasted a deficit of €2.774 billion for this period, compared to a €92 million deficit during the same period in 2023.

For the fourth consecutive year (2021-2024), all property owners located in the administrative boundaries of natural disasters in the municipalities of Istiaiaia Edipsos and Mandoudi Lake Agia Anna are exempt from ENFIA.

The practice of declaring losses or meager income, according to an analysis of their tax return data continues. Those who appear by far the most penurious to the IRS are bar owners, followed by restaurateurs and those who own car repair shops.

From January 1, 2025, new restrictive measures for Airbnb properties will take effect (including a freeze on new licenses in Athens’ 1st, 2nd, and 3rd districts). The three-year tax exemption for closed properties, however, begins today and will be available until the end of the following year.

The first applications for the purchase of the encroached properties from the state by private individuals can be submitted from September 30.

In the first stage the applications will concern 20 regional units and at the end of October they will be extended to the entire country, according to sources at the Ministry of National Economy and Finance.

Greece's economic performance has topped several categories in the European Union in 2019-2023, but the convergence with the European average will require an even faster pace of growth than that recorded in the last five years, Eurostat data showed on Tuesday.