Starting January 21, Greece will implement reduced banking fees for various transactions, eliminating certain charges, particularly for utility payments. According to Ministry of Finance spokesperson Omir Tsapalos, the new law is expected to save citizens €150 million annually in banking…
A new European Union regulation mandates that instant bank transfers will be free across the eurozone by January 2025. Banks, which previously charged around one euro for these services, are now required to offer transfers that are processed in less…
The Greek government has announced a new set of initiatives aimed at eliminating banking fees for bill payments and significantly reducing transaction fees between banks by up to 80%. Additionally, measures include doubling the property tax (ENFIA) on vacant residential…
In a recent statement to the Greek Parliament, Prime Minister Kyriakos Mitsotakis declared that all charges for basic banking transactions will be eliminated. Additionally, a cap on transfer fees is introduced, and adjustments to property tax for bank-managed assets are…
In his address to Parliament regarding the 2025 state budget, Greek Prime Minister Kyriakos Mitsotakis is expected to discuss proposed changes to bank fees impacting daily transactions. Key topics include interbank transfer fees, potential reductions for ATM withdrawals in underserved…
Basilis Korkidis, president of the Piraeus Chamber of Commerce and Industry, emphasized the need for more flexible lending criteria for businesses during an interview on ERT News. He highlighted that consumer prices are affecting 8 out of 10 Greeks, with…
