AGP Executive Report
Last update: 11 hours agoEnergy Costs: Greece’s wholesale electricity price hit €202.22 per megawatt-hour on Nov. 15, squeezing households and businesses as low renewable output and reliance on gas leave the market exposed to volatility. Household Relief: Parliament has approved a €2.2 billion support package, including €400 payments for about 2.2 million pensioners and vulnerable people, tax cuts and family benefits. The heating allowance rises 30%, to as much as €1,560. Tax Enforcement: Authorities are planning an AI-backed registry to flag suspicious gaps between declared income, assets and company ownership after investigators uncovered 2,000 businesses linked to more than €203 million in unpaid taxes and contributions. Tourism & Trade: The government expects a fourth consecutive record tourism year and is linking hotels and restaurants more closely with local producers; Greece has also completed talks to open China’s market to its cherries. Growth & Investment: Prime Minister Kyriakos Mitsotakis says Greece is targeting growth at twice the eurozone average ahead of 2027 elections, while three companies have bid for offshore hydrocarbon surveys.
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