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…
The Harmonized Index of Consumer Prices (HICP) for Greece remained steady at 2.4% in June, according to Eurostat’s estimate. Meanwhile, the eurozone saw a slight decrease in inflation to 2.5%…
A six-day work week will be implemented from July 1 for the private sector enterprises, organisations, and holdings operating continuously. Employees will receive an increased wage for the additional day.
Greece has one of the highest percentages of people at risk of poverty or social exclusion in the European Union, surpassed only by Romania, Bulgaria, and Spain.
This price hike follows the cessation of the permanent price reduction measure, which had previously lowered supermarket prices by 5-10% as of May 31st. The deposit-refund system (DRS) will result……
Fitch Ratings has maintained Greece’s credit rating at BBB-, while upgrading the outlook from stable to positive.
Greece has the highest average weekly working hours in the European Union, according to new data from Eurostat. In 2023, Greeks worked an average of 39.8 hours per week, surpassing…
According to revised data from the Bank of Greece for 2023, the average annual increase in flat prices continues to rise. The rate for new flats climbed to 12.7% in…