Greece to scrap some bank fees for retail customers, parliament approves budget Reuters (December 15) Greece will scrap bank fees and charges for some retail transactions as part of measures to help households cope with a cost-of-living crisis, Prime Minister Kyriakos Mitsotakis said on Sunday. His centre-right government also plans from 2026 to double the property tax for about 25,000 real estate properties that banks have on their books and are not in use, as it tries to boost the supply of housing and reduce rents. read more
Lions, and a winged gold Eros: Major discovery in Greece sparks buzz among historians The Jerusalem Post (December 16) Archaeologists in Greece found an ancient monumental building adorned with marble lion sculptures and gold artifacts. The excavation began in early October near Aigio on the Peloponnese peninsula, about five miles southwest of the modern city, which is associated with an ancient city in the Achaea region, according to Newsweek. read more
Greece Introduces Passenger Taxes for Cruise Arrivals in 2025 Travel and Tour World (December 16) Starting in 2025, travelers on cruises to Greece’s scenic islands will encounter newly approved fees. The Greek Parliament has sanctioned a tax initiative targeting renowned spots like Santorini and Mykonos, as well as other tourist-frequented locations. These charges aim to combat pressing challenges posed by climate change and over-tourism in the region. read more
Greece Passes 2025 Budget, Defense Spending Gets Broad Support To Vima (December 16) The 2025 Greek budget was voted in by the country’s parliament late Sunday night, with 159 MPs voting in favor and 139 against. Defense measures received overwhelming bipartisan support, with an enlarged majority of 258 MPs -including from PASOK, Syriza and the Spartans- approving the expenditure. Only the communist party of Greece, the New Left and Plefsi Eleftherias opposed. read more
Greece, Bulgaria Will End Border Controls, Expanding Schengen Area The National Herald (December 16) Bulgaria and Greece will as of Jan. 1, 2025 no longer have border controls, a move that will let Greece’s neighbor – as will Romania – become part of the now 29-member Schengen Area in Europe that doesn’t require visas for entry. That was according to a communique by the Bulgarian Interior Ministry, said Euractiv, with a meeting on New Year’s Day between their police services at the largest common border crossing point Kulata-Promachon marking the opening. read more
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