The Ministry of National Economy and Finance states in an absolute way that no new extension will be given and the interconnection of cash registers with POS, which is one of the challenges of 2024 for the financial staff, will be completed within the first months of the year.
The current timetable foresees that the interconnection procedures should be completed by February 29, 2024, and by March 1, 2024, cash registers and POS should be "functioning as one." To avoid delays, a Special Working Group has been set up to monitor the implementation of the project "Interconnection of Electronic Cash Registers with POS Systems and with A.A.D.E.".
There are no plans for further extensions for EFT-POS and cash register interconnection in Greece.
Public
Greece
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
687
Content accuracy validation date:
16.01.2024
Content accuracy validation time:
08:16h
It is noted that almost all categories of professional sectors in the retail market must now accept card payments, while all freelancers will have to have a business account and accept direct payments through the IRIS system.
In addition, the mandatory use of POS-EFTs was extended to 35 professional sectors, from street markets and fairs to kiosks, taxis, convenience stores, insurance and advertising companies, theaters, and cinemas.
What is new is that although the measure applies from January 1, professionals who still do not have a POS can avoid fines until March 1st, 2024, provided that they have demonstrably ordered their card payment terminal by January 31, 2024, and are waiting for its setup and installation by the partner banks. If this deadline passes, then the prescribed fines can reach up to €1,500 and do not exclude the possibility of being charged with regular fines outside of this project.
Other news from Greece
Greece Plans to Allow Subsidies for Cash Registers and POS, Concerning the IRIS Direct Payment System
Greece
Author: Tara Nedeljković
Greece is launching a subsidy program called "Digital Transactions" to help small and medium-sized businesses and freelancers upgrade their cash registers and POS systems in preparation for the expanded use of the IRIS payment system and upcoming electronic invoicing requirements. Read more
Greece Confirms Mandatory IRIS Payment Support for All Businesses by November 2025
Greece
Author: Tara Nedeljković
Starting November 1, 2025, all businesses in Greece, both physical and online, will be required to accept payments via the IRIS system, alongside existing POS card payments. Read more
TLv6 Implementation Marks Significant Shift in EU’s Trust List Format
Public
All countries
Author: Ivana Picajkić
A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more
Greece's AADE Published a Postponement of the Start Dates for the Digital Consignment Notes (Movement Documents)
Greece
Author: Tara Nedeljković
Greece has postponed the mandatory start dates for digital consignment note reporting to the myDATA platform to give businesses more time to adapt. Read more
Greek authorities published a press release with further clarifications on digital consignment notes.
Greece
Author: Tara Nedeljković
The Greek Ministry of National Economy and Finance and the Independent Authority for Public Revenue have simplified the process of issuing digital consignment notes. Starting April 1, 2025, businesses with gross revenues exceeding €200,000 or operating in specific sectors, such as energy products, pharmaceuticals, and building materials, must issue and transmit digital consignment notes. Read more
The Greek Ministry has published a new Code of Conduct on misleading discounts and offers.
Greece
Author: Tara Nedeljković
Greece has introduced a new Code of Conduct to regulate discount and promotional pricing, ensuring transparency and consumer protection. Effective from March 12, 2025, the regulation mandates that any price reduction must be based on the lowest price the product was sold for in the past 30 days, eliminating misleading discount practices. Read more
Greece's plan for mandatory B2B e-invoicing: current status and potential delays
Greece
Author: Tara Nedeljković
Greece's mandatory B2B e-invoicing is set to begin on July 1, 2025, but delays until 2026 are likely as businesses need more time to prepare. The system will integrate with the existing myDATA platform, enhancing tax compliance and facilitating pre-filled VAT returns. Read more