Tag Archives: hikes

Prime Minister, Alexis Tsipras, announced on Friday afternoon the suspension of hikes on Value Added Tax on the five islands hit by the refugee crisis. Stressing that he discussed the issue with European Commission President, Jean-Claude Juncker during his recent visit to Athens, Tsipras said that he received the green …

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Toll fees for several highways in Greece have been increased as of 8. January 2018. Prices have risen in several places in Korinthos -Trikala, Kalamata-Athens, Athens-Lamia, the Antirio-Ioannina on the Ιonian Highway. The prices are increased from 5 eurocents to 30 eurocents per category and distance. For cars with 5 …

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In a Bill for Fishing, Greek labor ministry quietly tabled two amendments that among others freeze future pension hikes as wells as hikes in collective bargains. The two amendments are part of a 5-amendment package of austerity measures to please the creditors. The package is the rest of prior actions, …

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Fuel and heating oil got …fire after the special consumption fee was imposed on 1. January 2017. Unleaded gasoline reached a record price especially on the Greek islands that were not exempted from the Value Added Tax hikes. The price for heating oil was increased by 20 cents. Unleaded gasoline …

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Summer is over. Not because the schools started today. But because the lenders’ representatives are flocking to Athens in order to audit the progress of the austerity measures. The Greek program Review is expected to commence in October and end up with success so that the €2.8billion bailout tranche will …

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A package with indirect taxes and special consumption taxes and fees worth 1.8 billion euro is expected to be submitted to the Parliament on Tuesday or Wednesday and be voted before the Eurogroup meeting on May 24th. The package can only be compared with an everything-sweeping hurricane, tsunami and volcano …

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As if it was not enough that supermarket prices get higher each and every week, now new Value Added Tax hikes will skyrocket thousands of products – food items not excluded – and services making daily life even more expensive. According to a proposal made by the Greek government to …

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I thought it was a bad joke or some kind of anti-government propaganda when I read the news yesterday: that self-employed and free-lancers will face hikes of more than 200% in social security contributions. I was wrong. It is not a bad  joke but a bitter reality. According to government …

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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, 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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Ticket fare for public transport means in Athens will rise by 16% as of 1.1. 2016. Passengers of Metro, Tram, Urban train ISAP, Trolley bus and Blue buses will have to dig deeper in their pockets and find another €0.20 if they want to go soewhere for whatever reasons. No, …

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Greece will raise the entrance fees to its archaeological sites and museums …because the country needs money and some so-called “equivalent measures” to avoid cuts or Value Added Tax hikes.  But also because in some museums visitors have allegedly “asked for the entrance fees to rise.” The hikes are ‘juicy’ …

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Alea jacta est. The Value Added Tax die is cast for the richest Greek islands that attract millions of tourists each year. Mykonos, Santorini, Paros, Naxos, Milos, Syros and Tinos are reportedly on the list prepared by the Greek Finance Ministry that will abolish the low V.A.T. rates. So far, …

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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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Greece’s top administrative Court Council of State ruled out on Wednesday that the pension cuts of 2012 imposed by the Troika were against the Constitution. The court ruling followed a massive litigation by individual pensioners and pensioners’ associations from the country’s private sector. The Council of State ruled that the …

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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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We, Greeks, we don’t mind the heat waves of summer – because we live in hell. No week, no month passes without to be asked to put our hand deeper in our empty pockets. The rises and hikes hit mostly the usual suspects, that is the poor, who have no …

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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 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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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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