Tag: Thessaloniki International Fair

Greece Showcased as “Success Story” at IMF Annual Meeting, Says Minister Pierrakakis

Greece is being hailed as an international “success story” at the IMF Annual Meeting in Washington, with Finance Minister Kyriakos Pierrakakis highlighting the country’s steady debt reduction, strong investor confidence, and ongoing economic reforms. Despite global uncertainty, Greece is projected to lower its debt-to-GDP ratio to 137.6% by 2026 while fostering growth, investment, and fiscal stability.

The 10 Key Points from Mitsotakis’ Speech at the Thessaloniki International Fair – Youth, Demographics, and Reforms

Prime Minister Kyriakos Mitsotakis unveiled a €1.6 billion package of tax cuts, wage increases, housing initiatives, and long-term reforms at the 89th Thessaloniki International Fair, aiming to ease the cost-of-living crisis, support families, and strengthen opportunities for young people.

Surprise Tax Relief at the Thessaloniki International Fair: ENFIA Abolished on Primary Residences in Border Regions

Prime Minister Kyriakos Mitsotakis will announce at the Thessaloniki International Fair the abolition of ENFIA property tax on primary residences in border regions with populations of 3,000–5,000, as part of a wider package of tax relief measures aimed at supporting families and strengthening national cohesion.

Greece Celebrates 100 Years of TIF-HELEXPO at the 89th Thessaloniki International Fair in September

Greece marks a century of TIF-HELEXPO with the 89th Thessaloniki International Fair, held from September 6-14, 2025. This landmark event will unite global innovators, entrepreneurs, and cultural icons across ten themed areas, celebrating innovation, sustainability, and Greece’s cultural heritage while fostering international partnerships.

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Greek Budget Surplus Reaches €4.6 Billion in First Half of 2025

The Greek state budget achieved a €4.6 billion primary surplus in the first half of 2025, driven by a €2.32 billion (7.8%) increase in tax revenues, exceeding targets. Early personal income tax collection and strong VAT and excise duty performance bolstered the budget, creating favorable conditions for planned tax reductions. Despite a €416 million deficit, the results significantly outperformed projections, supporting economic stability and policy initiatives.

Government to Unveil "Relief Package" at Thessaloniki International Fair: 13th Pension, ENFIA Abolition, and Tax Cuts on the Table

The Greek government is set to announce a bold economic relief package at the Thessaloniki International Fair in September, featuring the reinstatement of the 13th pension, abolition of the ENFIA property tax for primary residences, and tax cuts targeting middle-class incomes. Aimed at pensioners, the middle class, and self-employed professionals, the measures seek to reverse public discontent while maintaining fiscal balance.

Greece Launches €350 Million School Infrastructure Upgrade Program

Greece is investing €350 million to modernize school infrastructure, starting with 645 schools in 249 municipalities under the “Marietta Giannakou” programme. Announced by Prime Minister Kyriakos Mitsotakis, the initiative includes a €100 million donation from the Hellenic Bank Association and aims to improve outdated school facilities. Education Minister Kyriakos Pierrakakis emphasized that the first phase will prioritize over 600 schools, with upgrades ranging from classrooms to digital infrastructure. The first renovated schools are expected to be delivered by September 2024.

PM Mitsotakis: Greece's Transformation is Already Visible

Prime Minister Kyriakos Mitsotakis highlighted Greece’s ongoing transformation, emphasising the visible impact of his government’s 45-point plan. Presented at the Thessaloniki International Fair, the plan focuses on boosting economic productivity, supporting social groups, and increasing disposable income through salary hikes and tax cuts. Mitsotakis also outlined key initiatives for healthcare staff, family support, and housing policies.

Greek Government Unveils 12 Tax Cuts and Wage Hikes with New Budget Boost

On Monday, the Ministry of National Economy and Finance detailed new economic measures following the Prime Minister’s announcement at the Thessaloniki International Fair. The plan includes 12 wage increases and 12 tax reductions, with a total financial impact of €1.45 billion. Minister Kostis Hatzidakis also introduced a supplementary budget to enhance investment funding.

Greek PM admits investing more in defense out of fear of Turks

Greek PM Mitsotakis Doubts Resolution of Disputes with Turkey, Emphasizes Need for Defense Investments

Greek Prime Minister Kyriakos Mitsotakis has expressed doubts about resolving Greece’s longstanding disputes with Türkiye, highlighting the necessity for continued defense investments. Speaking at the Thessaloniki International Fair ahead of his meeting with President Recep Tayyip Erdoğan, Mitsotakis acknowledged the challenges in improving relations but emphasized the need to bolster Greece’s armed forces as a precaution.

88th Thessaloniki International Fair Opens with Exciting Events, Music, and Interactive Activities

The 88th Thessaloniki International Fair kicked off with vibrant energy and diverse attractions. Highlights include a free performance by the Gipsy Kings featuring Nicolas Reyes, an impressive Drone Light Show replacing the traditional fireworks, and interactive activities by CERN at Pavilion 17. Visitors can also look forward to Germany’s special pavilion, a Volkswagen Beetle parade, and a Treasure Hunt with over 1,000 gifts. Greek regional food festivals will add a flavorful touch at Pavilion 6.

Greece Targets Airbnb with New Restrictions, Abandons Cap on Rental Days

The Greek government is re-evaluating its approach to short-term rentals amid growing concerns over housing availability. Instead of implementing a broad cap on rental days, it is introducing targeted restrictions in highly saturated urban areas, such as central Athens and Thessaloniki. This shift aims to balance short-term and long-term rental ratios locally, based on detailed data down to the postcode level. Additionally, a new tax incentive is being proposed to encourage the conversion of vacant or short-term rental properties into long-term leases, with Prime Minister Kyriakos Mitsotakis expected to unveil these plans at the Thessaloniki International Fair.

Thessaloniki International Fair to Feature Largest Drone Light Show in Greece and 1,300 Exhibitors

The 88th Thessaloniki International Fair (TIF) kicks off this Saturday with a high-profile inauguration by Greek Prime Minister Kyriakos Mitsotakis and German Vice-Chancellor Robert Habeck. The fair, which will run from September 7-15, promises an extraordinary display featuring 500 drones in Greece’s largest drone light show.

Fredi Beleri

Beleri vows to appeal to European court

Freddi Beleri, the former ethnic Greek mayor of Himare, was released on probation by an Albanian court but vows to continue his fight for justice, considering an appeal to the European Court of Human Rights. Recently elected to the European Parliament, he plans to relocate to Brussels after attending the Thessaloniki International Fair.

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