In Greece, the new compliance measures related to electronic invoicing are set to impose significant financial penalties on businesses that fail to adhere to the regulations. The fines for non-compliance can reach up to €2,500 per violation, a considerable burden for many small and medium enterprises. The transition to mandatory electronic invoicing is aimed at increasing tax compliance and reducing fraud in commercial transactions, ultimately strengthening the economic integrity of the country.

The Ministry of National Economy and Finance, led by Deputy Minister George Kotsiras, along with the Independent Authority for Public Revenue under George Pitsilis, has announced a revised timeline for implementing these measures. Originally slated to commence on February 2, 2026, the mandatory adoption of electronic invoicing has been pushed back to March 2, 2026, providing larger businesses—those with gross revenues exceeding €1,000,000 in 2023—more time to comply with the new requirements and make necessary technical adjustments for implementing electronic invoicing systems.

This extended timeline aims to facilitate a smoother transition and reduce the burden on businesses while ensuring that all enterprises are equipped for compliance by the enforcement date. The phased implementation period from March 2 to May 3, 2026, will allow businesses to gradually adopt electronic invoicing methods while still having the option to use traditional management programs, potentially easing the adaptation process for many enterprises across the country.