As of June 2025, significant changes have been implemented in Greece’s traffic laws. These updates aim to enhance road safety, reduce accidents, and apply stricter penalties for high-risk violations such as driving under the influence, speeding, and using a mobile phone while driving. The fines have been substantially increased, and in some cases, additional penalties … Read more

The Athens Riviera is gaining global attention as a prime location for ultra-luxury real estate in 2025. With stunning coastal views and increasing demand from international buyers, areas like Vouliagmeni, Glyfada, and Elliniko are seeing a surge in high-end property sales. Vouliagmeni leads the way with waterfront homes priced above €10 million, while Glyfada and … Read more

Greek equities are on the verge of reclaiming their developed market status, with index provider FTSE Russell considering the promotion in its upcoming interim update. This potential upgrade reflects Greece’s recovery from its decade-long debt crisis and could attract significant passive investment inflows. The move follows recent upgrades of Greece’s government bonds to investment grade … Read more

Greek tourism is experiencing a significant surge, with bookings growing at a robust 6-7% rate this season. This growth underscores Greece’s enduring appeal as a top travel destination and highlights the country’s successful efforts in promoting tourism.

Following the official announcement, the new minimum gross monthly wage raised to €880, effective April 1st, 2025. This marks a 6.4% increase from the previous level of €830, and represents the fifth consecutive rise in the minimum wage since 2019.

According to the new law, which will come into effect from the first of September, the minimum investment amount for real estate in the Attica region, the city of Thessaloniki, and islands with a population of over 3,000 (including islands like Santorini, Mykonos, Crete, etc.) will change to 800,000 euros. In other areas, the minimum … Read more

The minimum wages are increased as follows: For general workers, from €34.84 to €37.07 per day and €780.00 to €830.00 per month; and for technicians, craftsmen, from €34.84 to €37.07 per day.

The Schengen rules will apply in both Member States including on issuing Schengen visas and controls at the internal air and sea borders will be lifted.