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Greece promises support for households using natural gas

“We will support natural gas consumers this winter against the explosive increase in prices,” Environment and Energy Minister Kostas Skrekas said on SKAI television on Sunday morning, in response to questions about the 700,000 households using natural gas in Greece. “The prime minister’s orders are to examine scenarios for supporting …

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Greece raises households electricity subsidy for July to €200; businesses provisions

There will be significantly increased subsidies to cover the cost of electricity in July, Environment and Energy Minister Kostas Skrekas announced on Tuesday. The subsidy amount per MWH and KWh for households and businesses will rise and thus independent from the income criteria and consumption caps for eligibility. Regarding energy …

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Greek households store food due to war in Ukraine (POLL)

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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Dozens households in Athens without power for 4th day; compensation possible

Τhe office of the Public Prosecutor in Athens investigates the multi-day power outages in several areas of Attica in the midst of a snow weather, low temperatures and frost. Investigation is to determine whether the offense of disturbing the operation of an utility has been committed. The order for the …

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Greece extends energy financial relief into January with €400 million

Greece will extend financial relief to help households and businesses deal with surging energy prices into January at a cost of about 400 million euros, Prime Minister Kyriakos Mitsotakis said on Friday. “For another month the government will support households, farmers and businesses in the face of the global energy …

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Greece announces relief package for fire-affected households, businesses

Τhe Greek government on Tuesday announced a package of relief measures for all those hit by the recent forest fires that burned large parts of the country since the beginning of the month. A relief down-payment is to be given as soon as possible, “in 10-15 days the latest” as …

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One in four Greeks cannot afford to heat their home, finds Eurostat survey

One in four Greeks cannot afford to heat their home sufficiently, the Eurostat announced following data collected as part of the annual EU survey 2017 on income and living conditions in the bloc. Based on the report, 25.7% of Greeks said they were not able to keep their home adequately …

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Greek households lose 27.9% of their assets during crisis decade 2008-2018

Greek households have lost 27.9 percent of their assets in the crisis decade 2008-2018. According to an analysis by Alpha Bank, the drop was the biggest in the eurozone and is followed by those recorded in Spain, Italy and Cyprus. Germany recorded significant gains during the same period. Portugal also …

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Greek households & businesses still keep billions under mattresses or abroad, says BoG governor

The governor of the Bank of Greece, Yannis Stournaras, has said that Greek households still keep their money away from the banking system because they are afraid of their savings. He claimed that 12 to 14 billion euros are under mattresses and that businesses have another 10 billion euros abroad. …

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DESFA to lower natural gas transmission fees for businesses and households

Households and businesses will see a small reduction in the prices of natural gas as the National Natural Gas Transmission System Operator SA (DESFA) announced it would lower its fees on the use of natural gas transmission infrastructure from May 1, 2018. The benefit is expected to be rolled over …

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ELSTAT: Disposable income of Greek households plunged by €2.7billion in 2016

Greek households and non-profit entities that serve households lost 2.7 billion euros in disposable income (or 2.3 percent) in 2016, Greece’s independent statistics authority (EL.STAT) said on Monday. According to figures released this week, the sum for Greek households’ disposable income reached 114 billion euros last year, down from 116.7 …

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Tax office calls on 6.3million owners to pay €3.153billion in Property Tax (ENFIA 2017)

Tax office is calling property owners in Greece. 6.3 million owners will have to pay in total 3.153 billion euros in property tax (ENFIA 2017) for the time between September 2017 and January 2018. The declarations for the so-called Unified Property Tax (ENFIA) were uploaded on taxisnet on Sunday evening, …

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Extra Levy on Water for Greece households and farmers for the sake of water companies privatization

Not one day passes without an extra charge, a one more charge that empties the Greek pockets and pushes thousands into poverty. Whether unemployed, low-pensioner, vulnerable group of the society, whether employee or entrepreneur, the nightmare of additional financial burden does not stop. Out of the blue, here comes an …

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