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Tag Archives: hikes

2016 – The Year of New Greek Tax Hikes

I suppose, the majority of Greeks spent the 3-days break with their television set off. That’s why, they are still alive on Monday, January the 4th. Had they turned their TVs son, they would had for sure suffered brain strokes, heart collapses and breath halting due to the tsunami of …

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Greece has 86% more taxes on fuel than allowed by EU

Greece, debt-ridden and recession-hit Greece, is one of the EU countries with highest taxes on unleaded fuel. This will change and thus upwards, as the government plans too impose a special consumption tax on fuel in order to avoid hikes in the road taxes. According to latest information issued by …

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Value Added Tax on fire: Crazy hikes in food & tourism

More than 40,000 food items are been sold with a poisonous 10% Value Added Tax hike as of today and expect to burden the average Greek household with at least 55 euro per month.Beef, coffee, tea, cocoa, spices, sugar, oils – except olive oil, ice-creams, chocolates, but also condoms and …

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Electricity prices in Greece soar 60% amid economic crisis

As we say: slowly but gradually! Households in Greeks saw their electricity bill increasing at 10 percent during each and every year of the economic crisis. And this although the whole sale price decrease. What do Greeks pay in addition to their electricity consumption so that their electricity bills skyrocket? …

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Greeks can’t escape economic bleeding as new hikes and new levies keep coming

These is no way that Greek households would escape the economical bleeding. The state mechanism is always keen in finding ways to grab the last cent out of the people’s pocket whether they have it or not. The trick is simple: small amounts of money, grabbed in the form of …

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Greek PPC electricity hikes: 8.6%-9.2% for households, 10-12% for commercial use

Greek Public Power Corporation raised electricity bills 8.6%-9.2% for private households and 10%-12% for commercial, industrial and agricultural use. The hikes will be in effect retroactives from 1. January 2013, while two additional increases will occur within the next six months.                   The hikes refer to energy cost, fee and CO2 emission rights …

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Greek Public Power Company to increase welfare levy and fatten electricity bill

I see it coming sooner than we thought: electricity bills will reach exorbitant heights that we, average Greeks won’t be able to pay. We will be obliged to spend our nights with romantic candle lights, cook on a gas stove and wash our clothes per hand – not to mention …

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