November 23, 2023
animals, FEATURED, News
The cost of keeping a pet in Greece has increased to unbearable levels for some animal lovers with the result that some owners are unable to meet the cost for food and visits to the vet. They often seek a new loving home for their 4-legged pal or they dump …
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November 21, 2023
Economy, FEATURED
“The increase in incomes is the only solution in the face of high prices that are not going to decrease,” deputy governor of the Bank of Greece and Professor of Economics at the University of Piraeus., Theodoros Pelagidis, admitted on Tuesday. Speaking to state radio ERT, Pelagidis pointed out that …
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September 27, 2023
Economy, FEATURED
One in two households in Greece cut food expenses in order to be able to pay their electricity and heating bills, a research conducted by Greece’s Consumers Association EKPOIZO within the framework of the European program “Reverter”, with the cooperation of the Laboratory of Mining Technology and Environmental Mining of …
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August 8, 2023
Economy, FEATURED
Greece’s annual EU-harmonized inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonized inflation is an index of components that is used across the EU to measure inflation in a consistent way. Official statistics service ELSTAT also reported that headline consumer inflation in July rose …
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August 1, 2023
Economy
Inflation in Greece rose slightly to 3.4% in July, compared with 2.8% in June, according to Eurostat data. Eurozone inflation stood at 5.3% in July 2023, down from 5.5% in June. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest …
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June 9, 2023
Economy, FEATURED
Inflation rate in Greece slowed further to 2.8% in May from 3.0% in April and 11.3% in May 2022, reflecting exclusively a sharp fall in energy prices, while food prices rose by 11.6% in the month, the Greek Statistics Authority said on Friday. However, price increases were recorded in bread/cereals …
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June 5, 2023
Economy, FEATURED
Also ahead of the June 25 elections, New Democracy insists that any Value Added Tax (VAT) reduction in food and other basic items will primarily benefit the wealthy and therefore there is no point in implementing it. This attitude was initially promoted during the ND governance, when prices in supermarkets …
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May 10, 2023
Economy, FEATURED
Greek annual inflation rate slowed to 3% in April, from 4.6% in March and 10.2% in April last year, reflecting almost exclusively a rapid fall in energy prices. However, prices in food and food items grew 11.4% in the same month, Greek Statistics Authority ELSTAT said on Wednesday. Price Increases …
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April 10, 2023
Economy
The rate of increase in inflation slowed further to 4.6% in March this year, from 6.1% in February as a result of lower energy prices, and compared to an increase of 8.9% in March 2022, according to Greek Statistics Authority ELSTAT on The 4.6% increase of the Overall CPI in …
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April 6, 2023
Lifestyle, Society
The holiday working hours for shops and stores during the period leading up to Orthodox Easter starts on Thursday, April 6. According to the trade association of Athens the proposed working hours for Athens’ stores during the Easter holiday season, is as follows: Thursday 6 April: 09:00-21:00 Friday 7 April: …
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March 13, 2023
Economy, FEATURED
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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February 15, 2023
Economy, FEATURED
Greek annual inflation rate slowed further to 7% in January from 7.2% in December, but remained up compared with 6.2% in January 2022. However, this slowdown mainly reflects a decline in electricity prices while inflation in foods was up 15.4%. Greek Statistics Authority ELSTAT said that price increases in the …
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February 8, 2023
Economy, FEATURED, Society
Greece’s General Federation of Consumers INKA has called for a boycott of certain food products as a protest reaction to the high food prices, especially milk. In an announcement published on Wednesday, INKA said that the boycott follows consumers’ demand. The boycott is for all diary products, domestic or imported, …
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January 2, 2023
FEATURED
Price hikes in basic food products will be the legacy of 2022 to 2023 as they are expected to continue the upward trend. Food and general groceries went up to 44.88% since the beginning of 2022, the Greek Statistics Authority ELSTAT has said. In a total of 64 products of …
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December 18, 2022
Economy, FEATURED
Prime Minister is distributing “aspirins” in form of a Food Pass to the folks for six months to cope with the price hikes and the cost of living. As of February 2023, a subsidy of 10% of food shopping bills will be given to Greek households on income and property …
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June 13, 2022
Economy
There will be no problem in Greece’s food security or supply chain due to the Russian invasion of Ukraine, two countries that are the most important grain exporters in the world, Agriculture Development and Food Minister said on Monday. The increase in the price of grain since the beginning of …
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April 1, 2022
Economy, FEATURED
The majority of workers in Greece has cut on basic food products and heating, while 3 in 10 declare insecurity to maintain their job, a survey conducted by Alco on behalf of the General confederation of Greek Labor (GSEE) and the Labor Institute has found. Solution to the current economic …
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March 30, 2022
Economy, FEATURED
Greek households store food due to the war in Ukraine, a market survey has found. Turnover in value of food retail increased by 5.1% in the first week of March. According to NielsenIQ data, in the first week of March, many food categories, such as pasta, showed a very large …
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March 28, 2022
Economy, FEATURED
Greece’s general goods and food market and its supply chain are operating smoothly, ministers confirmed at an extraordinary ministerial meeting chaired by Prime Minister Kyriakos Mitsotakis on Monday, said government sources. The meeting was held to discuss potential shortages in food and in raw materials in the primary sector that …
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March 24, 2022
Economy
Greece has enough stocks in flour, cereals and vegetable oils “for months ahead”, Development Minister Adonis Georgiadis reassured the Palriament, while introducing a new stock registry for food and farming supplies. Speaking of the draft amendment for the registry, Georgiadis said it would provide the government with quick sense of …
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