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Government Extends Zero-Rated VAT on Essential Products Through December 2026

by THEFUTURE.TEAM

October 31, 2025

The government has announced a critical extension of the zero-rated VAT on essential items until the end of December 2026, a move designed to alleviate financial pressures on vulnerable households.

Government Policy Extension

In a decisive cabinet meeting, Finance Minister Makis Keravnos confirmed that the zero VAT rate—which was set to expire in December 2025—will now continue to apply for an additional year. The policy covers a range of essential goods, including infant formula, child and adult sanitary products, and fresh or simply chilled fruits and vegetables, ensuring that the most necessary items remain affordable.

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Economic and Social Impact

This measure is a cornerstone of the government’s broader social policies, intended to reduce household expenses and boost disposable income across the nation. Even with inflation projected to remain at zero for 2025, the extension clearly targets support for the country’s most vulnerable citizens. By reducing tax burdens on daily necessities, the initiative is poised to improve living standards and stabilize consumer spending in challenging economic times.

Ongoing Fiscal Commitments and Community Engagement

Alongside the VAT extension, Minister Keravnos reaffirmed the government’s commitment to fiscal support for local communities. Highlighting allocations of 27 million euros for 2025, an additional 15 million euros scheduled for November 2026, and another 12 million euros within 2026, the Finance Ministry is upholding its promises to the Union of Municipalities. This proactive allocation emphasizes a collaborative approach, where dialogue and trust between government agencies and local authorities are vital to sustaining effective social support programs.

Ultimately, this policy not only eases financial pressures for households but also reinforces a disciplined fiscal agenda oriented towards long-term social stability. With targeted measures and transparent strategies, the government continues to set a high standard for economic and social policy in an increasingly challenging global environment.

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Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

by News Editor

May 26, 2026

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

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“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.