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Significant investments in Greece and political developments in Europe

2026-05-22

Significant investments in Greece and political developments in Europe

The Greek government is planning new steps to address the housing problem. With the help of M.I.D.A., a complete "mapping" of properties and their use across the country will take place to better utilize real estate. At the same time, the implementation of the Personal Number in e-EFKA has begun, aiming for better service for citizens. Ministers Niki Kerameus and Dimitris Papastergiou visited a branch of the organization to see the operation of the new system firsthand.

In the economic sector, two major investments are at the center of interest. The well-known company "Papadopoulos Biscuits" is planning a new investment of 59.6 million euros in Volos to expand the production of Caprice products. Additionally, in Ioannina, the public consultation has begun for a new pet food production unit by the company THEOD. KANTZAS S.A., an investment reaching 15.7 million euros.

Regarding taxation, AADE issued new instructions and clarifications for farmers. These instructions concern the procedure for the retrospective inclusion of farmers in the special VAT regime from January 1, 2026. This move aims to organize the tax obligations of the agricultural sector in a clearer way.

In international markets, European stock exchanges ended the session with gains. Investors remain optimistic, although they are carefully monitoring developments in Iran and new economic data. At the same time, Switzerland announced that it is expanding its sanctions against Russia and Belarus, fully aligning with recent European Union decisions.

In France, political developments are rapid. Former Prime Minister Gabriel Attal officially announced his candidacy for the country's presidency, representing Emmanuel Macron's centrist faction. However, the French government is also facing legal issues, as investigators from the financial crimes unit conducted a search at the Elysée Palace to examine the legality of contracts related to ceremonies at the Pantheon.

Finally, tension prevails in Turkey following the decision to close Bilgi University in Istanbul. This decision caused strong reactions and student mobilizations. Students gathered to protest against the government, while the police intervened to disperse the gatherings.

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