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Tag Archives: decrease

Νatural gas consumption in Greece down by 15.38% in Jan-Sep

Natural gas consumption fell 15.38% in the January-September period this year compared with the corresponding period in 2022, the National Natural Gas System Operator DESFA said in a report released on Tuesday. The Revythousa terminal station in Attica remained the main gate for natural gas imports in the country, followed …

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Greece’s unemployment rate down to 10.9% in August

Unemployment rate in Greece was down to 10.9% in August 2023 from 12.3% in August last year, but remained largely unchanged from July, Hellenic Statistical Authority said on Monday. Τhe number of unemployed people in August was 512,193, down 71,013 from August 2022 and down 2,080 from July 2023. The …

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Energy Ministry reduces electricity subsidy to €15/MWh

Greece’s Energy Minister announced on Friday the electricity subsidy for the month of April, that is ridiculously decreased to 15 euros per MWh. The minimum rate charged for electricity in April will fall below 9 cents per kilowatt hour based on the subsidies for next month, Environment and Energy Minister …

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Inflation down to 6.1% but food jumped 14.8%

Greece’s annual inflation rate slowed further to 6.1% in February from 7% in January and 7.2% in February 2022, the Greek Statistical Authority ELSTAT said on Monday. However, this development is attributed solely to a drop in electricity prices while the consumer price index in foods and food items jumped …

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Greece heavily cuts down electricity subsidy in February

State subsidy on household electricity tariffs for February, for 90% of consumption up to 500 KWh per month was set at 4 cents per kilowatt hour or 40 euros per megawatt hour,  Greece’s Energy Minister announced on Tuesday. For higher consumption over 500 Kwh, the subsidy is linked to energy …

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Greece to lower ENFIA tax, set property prices in coastal areas on islands

The Greek government is committed to lower the ENFIA special property tax by 8 percent, Finance Minister Christos Staikouras said on Tuesday. At the same time he announced the setting of property prices in “high-value regions, mostly coast areas on Greek islands.” Speaking to “Parapolitika” FM, Staikouras gave assurances that …

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Migration flows to Greece dropped 74% , says Frontex

Refugee and migration flows to Greece dropped 74%pct in the first ten months of 2020, compared to flows registered in the same period in 2019, says a report released on Thursday by Frontex, the European Border and Coast Guard Agency. Some 17,000 crossings into Greece were recorded between January and …

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Significant reduction of pollution in Athens due to coronavirus measures

A significant fall in air pollution values has been observed in Athens since the government took precautionary measures to counter the spread of coronavirus. According to data from the Climate Change and Atmospheric Quality Directorate, it is evident that the values of the concentrations of pollutants have decreased since last …

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Greeks’ bitter Coffee: Special Tax skyrockets prices, decrease consumption

Price increase of 23 percent and higher? “No, thanks!” said Greeks and cut on their favorite drink, the coffee. Greek coffee? Frappe with instant coffee? Filter coffee or espresso for Cappuccino or Freddo? Exorbitant prices due to the Special Consumption Tax forced Greeks to more austerity and cuts and turned …

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EU Commission urges Greece to implement smoking ban

The number of smokers in Greece has decreased over the last five years, however, the non-implementation of a smoking ban in enclosed public places has irritated the public, which calls it “cultural degradation,” writes European affairs website euractiv.com. The European Commission  generally advises Greece to implement the smoking ban which …

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Unemployment decreases, yet 580K workers earn just €407 per month

Unemployment in Greece decreases, part-time jobs and low wages increase and a government minister with a monthly salary of several thousands euros says “better bad paid than not be paid at all.” Greece’s jobless rate fell to 20.2 percent in July-to-September from 21.1 percent in the second quarter, data from …

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Cruise ship arrivals to Greece down in 2017, says sector group

Greece is enjoying what’s being billed as the best tourism season ever, nevertheless the cruise ship sector is apparently not keeping up and, in fact, is purportedly showing a noteworthy decrease from 2016. According to initial reports, cruise ship arrivals are down by 24 percent from the same period last …

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