Kostis Hatzidakis

The government is "proceeding with the voting on a series of reform interventions, proving in action its intention to substantially boost incomes for pensioners with low incomes as well as socially vulnerable fellow citizens," National Economy and Finance Minister Kostis Hatzidakis said in Parliament on Thursday.

Out of the blue, Greece was hit by a proposal from the Organization for Economic Cooperation and Development to impose a tax on foods high in fat, sugar and salt (HFSS), taxes known as "health taxes," "sugar tax" or "fat tax."

Greek citizens are set to benefit from significant reductions in banking transaction fees as a sweeping legislative package, designed to ease financial burdens, comes into effect in January.

National Economy and Finance Minister Kostis Hatzidakis detailed on Monday the government measures announced by Prime Minister Kyriakos Mitsotakis to regulate bank charges and practices, as well as reward high-risk professions.

With two “last-minute” announcements, the year and the cycle of announcements of new benefits for 2024 comes to a close.

Finance Minister Kostis Hatzidakis rebutted opposition criticism of the 2025 budget during parliamentary debate Sunday, calling out Nikos Androulakis, the leader of the main opposition socialist PASOK party for wanting to abandon all the achievements of the ruling conservatives since they came to power in 2019 and chastizing left-wing Syriza for not even defending its policy achievements during

Prime Minister Kyriakos Mitsotakis' anticipated announcements on government intervention to address issues within the banking sector are expected to dominate Sunday's fifth and final day of parliamentary debate on the 2025 state budget, to culminate with a vote on the budget.

Stocks at Athinon Avenue produced a mixed session on Wednesday as the blue chip and banks indexes lost minimal ground, while the majority of stocks and mid-caps recorded gains, leaving the benchmark virtually unchanged. 

The Greek government is working on a plan to reduce bank fees and charges for retail transactions, to help households cope with high cost of living, the country's finance minister said on Wednesday.