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…
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……