Money

Greece plans to quintuple purchase tax for foreign real estate buyers

The Greek prime minister announced plans to raise the purchase tax for non-EU real estate investors from 3% to 15%.

The Parthenon temple without scaffolding for the first time in 200 years, October 17, 2025.
ATM

AI agents threaten bank profits

The lottery winner.

Man wins NIS 64m. in Double Lotto: 'I buy excitement for NIS 66'

The opening of the school year in Omer.

Israel spends more of its GDP on education than the OECD average, but less per student


The default cost-efficiency failure that costs the Israeli economy billions annually

Beyond the emotional distress of a quarter of elderly Israelis, loneliness is a serious clinical risk. Why must the state shift its priorities to reduce costs?

Loneliness in old age is becoming a health and economic burden.

Elon Musk is a trillionaire again: Wealth jumped $65b. in a single day

After losing more than $600 billion from his peak within weeks, Elon Musk again crossed the trillion-dollar mark, driven by a rebound in the two companies that account for nearly all of his wealth.

Elon Musk.

Up to NIS 2 million: New compensation track launched for protection racket victims

A new pilot will allow business owners who refused to pay protection money and suffered direct property damage to their business or residence to file claims with the Compensation Fund.

New compensation track launched for protection racket victims.

Economy Ministry ends 'Israel's Basket' pilot due to upcoming elections

Economy Minister Nir Barkat decided not to extend the project due to the expected change in government, leaving the decision to the incoming administration.

Economy Minister Nir Barkat presents "Israel's Basket".

Kremlin condemns EU transfer of profits from frozen Russian assets to Ukraine as illegal ‘theft’

The European Commission said the bloc would give Kyiv $1.6 billion, taken from interest on cash balances, part of Russian central bank assets frozen by the EU because of the war in Ukraine.

The Russian flag flies on the dome of the Kremlin Senate building behind Spasskaya Tower, in central Moscow, Russia, May 4, 2023.

Great comeback: Has crypto winter really ended?

Bitcoin surged 10% this week to an eight-month high, signaling renewed risk-taking, but remains well below its $126,000 all-time high.

Bitcoin

Your Investments: A financial and personal clean slate for Yom Kippur

The Day of Atonement is about reflection, repentance, and renewal. Those same principles can guide people toward smarter financial choices and lasting improvement.

 An illustrative image of a Torah scroll and a shofar for Yom Kippur.

The race for faster payments is reshaping the digital economy

Consumers are becoming less willing to wait days for their money, pushing businesses to make payments faster while maintaining security, transparency, and trust.

Faster payments are no longer just a technological advantage - they are becoming a defining part of the digital customer experience.

Not ending at NIS 18m.: Additional fine for Central Bottling Company

The Competition Authority has published for public comment an additional notice of intent to charge the Central Bottling Company over intervention in retail soft drink prices.

Coca Cola cans.

No. 32: Amir Yaron and Michal Abadi-Boiangiu: Economic policymakers leading Israel toward recovery

Yaron has guided Israel’s economy through the upheaval of the war and into recovery, while Abadi-Boiangiu sits at a key chokepoint in how the state spends its money.

(L-R): Amir Yaron and Michal Abadi-Boiangiu