Heating oil availability for the winter season begins in Greece, with prices expected to range between 1.16 and 1.20 euros per litre, lower than last year’s rates. Despite concerns over rising tensions in the Middle East, prices have remained stable, though initial demand is low due to unseasonably warm weather. Market experts anticipate early orders mainly from northern and eastern suburbs of Attica.
Tag: Urban Centers
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.
Ahead of the August 15th Dormition of the Virgin Mary holiday, the Hellenic Police have implemented special measures on national highways to manage the expected increase in travelers. These include increased patrols, strict traffic enforcement, and truck movement restrictions during peak hours to ensure road safety and smooth traffic flow.
Recent comments by Greek Prime Minister Kyriakos Mitsotakis suggest a potential overhaul of the regulations surrounding Airbnb-style rentals. The government is exploring various scenarios including limitations on licenses and operating days, income requirements for hosts, and increased control for local authorities. These measures target “rental entrepreneurs” rather than individual homeowners, aiming to balance tourism benefits with the need for affordable housing. The final plan is expected in the coming months and is sure to spark debate within the tourism and housing sectors.
In the wake of Greece’s prolonged financial turmoil, a significant shift has occurred in the…