Higher charges, penalties and even power cuts ahead
Major new financial burdens for property owners are expected under Greece’s new Local Government Code, according to a report by journalist Chrysostomos Tsoufis published on skai.gr. The proposed legislation introduces two new charges — the Local Development Fee and the Regional Development Fee — both to be collected through electricity bills, raising concerns over significant increases in property-related costs for citizens.
The new Local Development Fee (TTA) will replace the existing Property Tax (TAP) and the Electrified Spaces Tax. However, according to the report, the new system is expected to substantially increase charges, with some property owners potentially facing fees up to three times higher than today. At the same time, a second levy, the Regional Development Fee, will finance regional infrastructure projects.
One of the most controversial aspects of the proposal is the direct connection between unpaid fees and electricity supply. Citizens who fail to pay three consecutive monthly bills or one quarterly bill could face power disconnection until outstanding debts are settled.
Municipal authorities will also be empowered to conduct inspections for undeclared property space, with penalties reaching double the corresponding fee. The new framework is expected to come into effect on January 1, 2027.
Source: skai.gr – Report by Chrysostomos Tsoufis
