Economy · Greece

New MIDA Law Imposes Fines for Undeclared Property Rentals

1 sourceFirst reported 27 days agoUpdated 27 days ago

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The MIDA law introduces fines of up to €1,000 for undeclared rentals and grants.
A €500 fine applies for not reporting property use within specified deadlines.
A €1,000 fine is imposed for submitting false information used for subsidies.
The system aims to create a digital record for property ownership and usage.
MIDA will be activated in early July, creating a comprehensive database.

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AI summary: catch up in 20 seconds

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AI summary: catch up in 20 seconds

The MIDA law introduces fines of up to €1,000 for undeclared rentals and grants.
A €500 fine applies for not reporting property use within specified deadlines.
A €1,000 fine is imposed for submitting false information used for subsidies.
The system aims to create a digital record for property ownership and usage.
MIDA will be activated in early July, creating a comprehensive database.

Generated by AI from the 1 sources below · always verify with the originals