Category: Macroeconomy
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Liquidity Dries Up for Small Businesses – One in Four Has Cash for Just One Month
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in MacroeconomyOne in four Greek small businesses has cash for just one month, amid rising costs and worsening payment delays—IME-GSEVEE reports.
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Bank of Greece: Household Deposits Rise, Loans Decline
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in MacroeconomyBank of Greece data shows household deposits rose in July 2026, while corporate deposits and private-sector lending declined.
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Hatzidakis in Thessaloniki: Investment Surge in Northern Greece and Major Projects Through 2030
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in MacroeconomyDeputy PM Hatzidakis outlines major infrastructure progress, job growth, exports, and renewables in Northern Greece through 2030.
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Climate Fund: €4.8 Billion for Heating Aid, Electric Buses, Heat Pumps and Renovations in Greece
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in MacroeconomyThe EU approves Greece’s €4.77 billion Social Climate Plan—supporting heating aid, electric buses, heat pumps, renovations, and inclusive mobility until 2032.
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Six-Month War: The Economic Cost for Greece and Europe
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in MacroeconomyEVEP assesses €145bn EU and €3bn Greek economic cost after six months of Middle East war — energy, inflation, transport, and growth impacts.
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Freelancers Face Two-Tier Presumption System, Relief for Compliant Professionals
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in MacroeconomyGreece considers a two-tier presumptive income system for freelancers, offering relief to compliant professionals as digital tax tools improve accuracy.
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Electricity Price Scenarios Ahead of Thessaloniki Fair Amid Wholesale Surge
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in MacroeconomyAmid a sharp August surge in wholesale electricity prices, Greece weighs targeted subsidies and systemic energy reforms ahead of the Thessaloniki Fair.
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Thessaloniki International Fair: New 2027 Measures Expected to Cost Over €1.3 Billion
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in MacroeconomyGreece plans over €1.3 billion in new 2027 measures ahead of Thessaloniki Fair — covering tax relief, pensions, housing, and freelancer reforms.
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New Fines for Businesses Operating Illegally on Beaches and Shorelines
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in MacroeconomyGreek authorities impose heavy fines on illegal beach businesses in Rhodes, Kavala, Skiathos, and Corfu amid intensified summer inspections.
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DYPA to Host 108 Job Market Group Workshops in September
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in MacroeconomyDYPA launches 108 in-person and online career workshops across Greece this September to support job seekers and professionals navigating labor market changes.
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€60.4M ‘Green Breaths for Attica’ Program Launched for Environmental Revitalization
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in MacroeconomyA €60.4 million environmental upgrade program for Attica launches with 13 municipal projects focused on green spaces, climate resilience, and urban livability.
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Professional Pension Funds: Parliamentary Debate Begins on Kerameos’ Bill
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in MacroeconomyParliament debates Kerameos’ bill on professional pension funds, introducing open schemes, tax incentives, and phased taxation for accrued rights.
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Insurance Companies’ Assets Rise by €978M to €22.9B in Q2 2026
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in MacroeconomyGreek insurers’ total assets hit €22.9B in Q2 2026, up €978M q/q, driven by equity gains and mutual fund investments, per Bank of Greece data.
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Extension of Diesel Subsidy Under Consideration Amid High Fuel Prices
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in MacroeconomyGreece may extend its diesel subsidy amid high fuel prices; final decision rests with PM and economic team ahead of 31 August deadline.
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Theodorikakos: 282 Productive Investments in Macedonia and Thrace Under Development Law
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in MacroeconomyGreek Development Minister announces 282 productive investments in Macedonia and Thrace, backed by €510M and set to create 5,000+ jobs.
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Data Reveal Who Pays Taxes—and How Deficits Turn into Surpluses
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in MacroeconomyNew revenue data shows Greece relies heavily on VAT and SCT—hitting low- and middle-income households hardest—amid rising inflation and weak wage growth.
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ECB Prepares for Rate Hike Amid Energy Pressures and Resilient Eurozone Growth
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in MacroeconomyThe ECB plans a modest rate increase on 9–10 September to counter energy-driven inflation, without signaling further tightening.
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DEDDHE Uses Drones and Smart Sensors to Protect Forests
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in MacroeconomyDEDDHE deploys drones and IoT sensors to monitor forests and prevent wildfires linked to power infrastructure in Greece.
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Ministry of Energy: Renewables Drive Down Electricity Prices – €438M Export Surplus on Interconnections
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in MacroeconomyGreek energy ministry links rising renewables to falling electricity prices and a €438M export surplus on interconnections.
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Business Insurance Gap: Less State Aid for Voluntarily Insured Firms
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in MacroeconomyNew Greek legislation reduces state housing aid for voluntarily insured businesses—raising questions about incentives and fiscal fairness.