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Environment and Energy Minister Thodoros Skylakakis submitted an amendment to Parliament on Thursday regarding a new dual-zone reduced electricity tariff system, set to launch on February 1.

The Bulgarian government has announced a program to compensate businesses and non-household electricity subscribers for high energy costs until the end of March. Under the new measure, the full difference will be covered when the exchange price exceeds 180 leva per megawatt-hour, effectively preventing electricity bill increases.

Holiday homes of up to 95 square meters and with a price tag of up to 400,000 euros will continue to monopolize buying interest from abroad this year.

The Greek economy ended 2024 with negative food inflation for the first time since May 2021.

This is related, on the one hand, to the normalization of the market and the mitigation of the consequences of external geopolitical and climatic factors, and, on the other, to the imposition of measures that have been partially criticized by the market as extremely interventionist.

Eighty-eight percent of motorists in Greece, or 5.9 million of 6.7 million in total, paid their registration fees for 2025 by a December 31 deadline, according to the Independent Authority for Public Revenue (AADE). 

This year's punctual payment rate is slightly lower than last year's 90%, which was achieved after authorities extended the deadline from December 31 to March 4.

Starting January 1, 2025, new prices for natural gas distribution and supply will come into effect for customers of Overgas Networks. The company announced this change through its press office, highlighting that it is the first price adjustment in five years.

Cheaper electricity at midday, where the price of energy due to photovoltaic panels can be up to 50% lower, changes to six-month fixed charges and an extension of coloured tariffs on electricity and gas will bring a new year for thousands of households and businesses.

The new smart electricity meters that are gradually being installed across the power network will provide consumers with special electricity tariffs for heating, the possibility of pre-purchasing energy at a discount and automatic fault management, among other features. 

From February 1, 2025, the new dual-zone system of reduced electricity tariffs will come into force, according to a decision by the Minister of Environment and Energy, Mr. Theo Skylakakis.

It takes an average of nine to 12 months for the sale of a house to be completed in Greece today, starting from posting the relevant ad until finding a buyer, reaching an agreement with them, and then preparing the necessary documents for the transfer of the property titles.