The Minister of Economy, Kostis Hatzidakis, referred to the latest initiatives of the government for the expansion of electronic transactions and the reduction of red loans. With the completion of the interconnection of POS with cash registers ahead of the deadline, more than 407,000 businesses have complied, exceeding the Recovery Fund's target of 402,000. 35 new industries will be added to the electronic payment In parallel,

The European Central Bank (ECB) has cut its key interest rates for the third time in 2024, lowering them by 25 basis points. This decision comes in response to slowing growth rates in the Eurozone and lower inflation than the 2% target, as recorded by Eurostat. Interest rate cuts since June Since June, the ECB has started

The Information and Communication Technologies (ICT) sector is on an explosive growth trajectory, with forecasts suggesting that by 2029 it could reach a value of €10.4 billion or 4.6% of GDP by 2029, up 35% compared to 2024 and 80% compared to 2019. In case of convergence with European standards, the value of the sector could reach €12.5bn, representing

The fiscal space for new tax cuts in 2025 and 2026 is shaped by the 2024 budget, which already exceeds the targets set. According to 11-month data, tax revenues amounted to €60.67 billion, exceeding the target by €106 million. Targeted Interventions The additional revenues finance announcements such as: The interventions, costing EUR 147 million, are covered

There was a small adjustment in inflation levels in the euro area in November 2024, according to Eurostat's second reading, while structural pressures remained unchanged. Eurozone inflation The final estimate showed that the annual consumer price index in the Eurozone rose by 2.2% in November, slightly lower than the preliminary estimate of 2.3%, but higher than October's 2%. Structural inflation - which excludes