Newsflash from Friday, 9 January 2026: As winter deepens across many tourist regions, thousands of seasonal hotel workers are facing an alarming reality: they have received no financial support during […]
Newsflash from Sunday, 4 January 2026: Crete is often portrayed as one of Greece’s most prosperous regions: a tourism powerhouse, rich agricultural land, and steadily improving economic indicators. Yet beneath
Two-Speed Crete: Why Wealth Is Growing—but Not for Everyone read more »
Newsflash from Friday, 2 January 2026: From lower taxes and VAT reductions to higher minimum wages and targeted social support, 2026 brings sweeping changes to Greece’s fiscal and labor landscape.
Greece ranks second in the EU in terms of the speed at which card usage is spreading. New trends in payment habits in Greece Card usage is increasing significantly, both
From cash to card payments in Greece read more »
Are you wondering how much it really costs to live in Crete? Depending on where you live, the cost of living in Crete ranges from around €800 to €2,500 per
Cost of living in Crete read more »
Newsflash from Monday, 15 December 2025: Greece’s Real Household Income Remains 15% Below 2009 Levels Despite a Decade of Recovery. Despite significant economic recovery over the past decade, the real
Real income in Greece still below 2009 levels read more »
What changes have been made to inheritance law in Greece: wills, waivers and reserved shares. New inheritance law: Changes to wills, renunciation of inheritance and civil partnerships The new inheritance
New Greek inheritance law: what does it mean for property owners? read more »
Newsflash from Monday, 1 December 2025: As of December 1, 2025, a major shift is taking place in the way businesses across Greece handle payments. The government has mandated that
Starting Today: All Businesses Must Accept Payments via IRIS read more »
Wages in Greece are second lowest in the EU, but the country ranks first in terms of poverty risk, and young workers are unable to make ends meet here. Wages
Low wages, risk of poverty and no prospects for young workers read more »
Greek workers work the longest hours, are often overqualified for their jobs and earn the lowest average salary in the EU. And what is it used for each month? Crete
Crete has almost the longest working hours and lowest wages in Europe read more »
Newsflash from Tuesday, 21 October 2025: From November 1, 2025, all businesses in Greece must accept IRIS payments. Learn what changes, who’s affected, and how to comply. Starting November 1,
IRIS Payments Become Mandatory for All Businesses from November 1, 2025 read more »
Newsflash from Monday, 6 October 2025: Greece’s public debt is projected to drop below 140% of GDP by 2026, according to Finance Minister Kyriakos Pierrakakis. The new budget plan signals
Greece’s Debt Set to Drop Below 140% of GDP read more »
Tourists and expatriates with cards from European banks should also benefit from the abolition of fees when withdrawing cash in Greece. Summary of Recent Changes and Usage Trends in ATM
Explosive Increase in ATM Withdrawals After Fee Cancellation read more »
Greece’s payment habits are shifting at a surprising pace. More folks now reach for cards or e-banking instead of cash. Right now, six out of every ten euros spent here
Six out of ten euros in Greece are paid electronically read more »
26.9 per cent of Greece’s population is at risk of poverty – mainly in Attica, the Aegean islands and Crete. Economic impact and social challenges recognised Vulnerable Groups Facing Hardship
More than a quarter of Greeks are at risk of poverty read more »
According to survey results of the General Confederation of Greek Trade Unions and public statistics. Recent data from a study by the General Confederation of Greek Workers (GSEE), together with
How much money do you earn on Crete and in Greece? read more »
3 out of 5 households state that their income is not sufficient for the whole month: a growing financial problem in today’s Greek society. Many Greek households are struggling financially,
60% of Greek households do not have enough income for the whole month read more »
‘Big Brother’ for all taxpayers in Greece, in which all available information on the tax registration number is recorded and monitored and checked with AI. Reports of tax evasion, smuggling,
Big Brother for all taxpayers in Greece read more »
