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New measures on Airbnb in Greece add extra costs for owners

Greece’s Tourism Ministry is initiating a new draft bill that brings extra charges and stricter requirements for short term rental properties, such as those listed on the Airbnb accommodation platform. The additional cost is estimated to range from 500 to 600 euros. Properties rented out for short-term leases are obliged …

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Black Friday fines of €2.2mln to 14 companies for misleading advertising

Greece’s Development Ministry has fined a total of 2.2 million euros on 14 companies for misleading advertising in the run-up to Black Friday. The business’ evasive practices were identified by the ministry’s auditing service using a digital tool. Five of the 14 companies have been named as Kosmos Sport SA …

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Crete mayor freezes fines for illegal buildings

The Municipality of Iraklio on Crete has of its own accord put a freeze on the imposition of fines for illegal structures in the city. Iraklio Mayor Alexis Kalokairinos said the aim of the decision is to pressure the Environment Ministry to once again allow the legalization of buildings without …

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Tons of unlicensed tsikoudia (raki) seized in Crete

Two Cretan producers of traditional tsikoudia, a clear spirit made by distilling grape pomace that is also known as raki, face hundreds of thousands of euros in fines after being caught without the proper permits. The two producers were arrested in separate operations in the region of Iraklio, where one …

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Consumers’ Institute INKA calls for boycott of Unilever, P&C after fines

The Consumers’ Institute (IN.KA.) in Greece has called for a boycott of the products of the two multinational companies Unilever and Procter & Gamble after Greek authorities heavily fined them with one million euros each for excessive profit. “After the fines imposed by the government on two multinationals for excessive …

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Supermarkets fined for violating “household basket” legislation

The Market Control Unit has imposed fines on supermarkets for the violation of the legislation regarding the profit margins on the prices of products included in the household basket, Development and Investments Minister Adonis Georgiadis said on Thursday. He added that these are fines below the 50,000 euro threshold and, …

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