Greek Prime Minister Kyriakos Mitsotakis has sent a letter to European Commission President Ursula von der Leyen, calling for immediate EU intervention to address the “prolonged crisis” driving energy prices…
Greece consistently ranks as the EU country where housing costs consume the highest proportion of disposable income. In 2023, housing expenses surpassed 35% of income, an increase from 2022, according…
Inflation in Greece climbed to 3% in August, up from 2.7% in July and 2.3% in June, according to data from ELSTAT, the Hellenic Statistical Authority. The increase was largely…
A new survey from the Hellenic Confederation of Professionals, Craftsmen, and Merchants (GSEVEE) has highlighted growing concerns over the financial health of Greece’s small and very small businesses, with more…
Greek consumers are paying significantly higher prices for basic goods like milk and eggs compared to wealthier European countries such as Sweden, Germany, and Belgium, according to a new report.…
A recent survey by the Consumer Institute (INKA) has revealed widespread dissatisfaction among Greek households regarding the government’s handling of the cost-of-living crisis. The survey found that 94.3% of respondents…
Student unions across Greece have issued a joint statement condemning the worsening housing crisis faced by students, with many struggling to find affordable accommodation as they prepare to start the…
The state subsidy for electricity bills in September will be set at 1.4 cents per kilowatt-hour, according to Theodoros Skylakakis, Greece’s Minister of Energy and Environment. Speaking to MEGA on…
The latest tax declarations reveal a stark reality for freelancers in Greece, with nearly half of them reporting a monthly income of only €268. This figure highlights the financial challenges…
Greece’s four major banks have been capitalising on higher interest rates more than their eurozone counterparts, largely by maintaining real deposit rates close to zero, even after the European Central…