New municipal levy of 0.5% on building permits
According to the Ministry, the introduction of this levy is deemed necessary, as the expansion of construction activity generates increased demands for services related to urban planning, infrastructu ...
Public Consultation launched for Papadopoulos strategic investment in Volos
The company, through its application to Enterprise Greece S.A., requests the inclusion of its investment project entitled “Expansion of Production Capacity of Biscuit and Food Products Industry E.J. P ...
Tax authority to cancel fines for late declarations
A new penalty regime of the tax authority is entering into force for thousands of taxpayers and businesses who have already submitted (or will submit in the future) late tax declarations to the tax ad ...
New hotel project in Koufonisia referred to the Central Archaeological Council
The National Archaeological Council (KAS) is now handling the case concerning the planned hotel development project in Ano Koufonisia, following an appeal filed by NOMAS S.A., the corporate vehicle th ...
Draft law redefines the exploitation of municipal real estate
The objective is the creation of a “clear, functional and coherent institutional framework” that will enable municipalities and regions to manage their assets more effectively.The draft bill stipu ...
New “Autonomous Local Tax” set to triple financial burden on property owners
According to the Panhellenic Federation of Property Owners (POMIDA), the provisions of the bill impose a threefold annual financial burden on property owners through a new dual tax in favour of munici ...
Lamda Development prepares new bond issuance
Specifically, according to the announcement, the company’s Board of Directors has resolved to issue a common bond loan of up to €350 million, with a minimum amount of €330 million, with a seven-year m ...
“Hercules” scheme: €71.8M in state revenues in Q1 2026
Specifically, the Greek State collected €71.8 million in fees related to the guarantees of the scheme, which serves as a key tool for reducing non-performing loans in the banking system.At the sam ...
Trade Estates approves free allocation of 618,821 new shares
More specifically, the company’s Board of Directors, exercising the relevant authorisation granted by the Annual General Meeting of shareholders, approved a share capital increase of €990,113.60 throu ...
Trastor acquires three Ethniki Asfalistiki properties
The approval process, as well as the disclosure of the independent valuation reports on which the transaction values were based, is mandatory, given that the properties are currently owned by Ethniki ...

Greek business turnover rises 2.6% in Q1
According to ELSTAT, the largest increase in turnover in the first quarter of 2026 compared with the first quarter of 2025 was recorded in the Construction sector (17.4%), while the largest decline wa ...
Italian startup introduces AI-powered construction site platform
Pillar is a Milan-based construction technology startup developing an AI-powered operating system for the historically underserved and highly fragmented construction sector. Founded in 2023, the compa ...

Europe faces a demographic turning point as birth rates fall
A steady rise in single-adult households has been recorded across the European Union, according to 2025 data. Of the EU’s 203.1 million households, the largest share consists of single-person househol ...
€194M allocated to upgrade rural road network
The decision activates a programme with a total budget of €194 million, encompassing 365 projects across 123 municipalities, with coverage extending to all 13 regions of the country.The level of a ...
Bank of Greece: markets expect 0.75% rate hike in 2026
As highlighted in the analysis, until the previous month markets had been pricing in that the European Central Bank would proceed with two interest rate increases of 0.25% each (a cumulative 0.5%) dur ...