The economic crisis continues to plague Greek households struggling too make ends meet – month in, month out. A survey conducted by Nielsen shows a decline in consumption and therefore the plight of thousands of families. Greeks cut on essential goods like milk and bread. The drop in the category …
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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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Greeks paid €7bn more in taxes in 2016, as middle-classes vanish and poverty increases
Two out of ten Greeks paid 80% of the total income taxes last year. At the same time poverty increases: more than 340,000 households declared zero income for the tax year 2015. Data released on Thursday by the Independent Authority for Public Revenue (AADE) shows the stifling tax burden and …
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Greek households struggle in the dark as unpaid electricity bills pile up
Electricity bills pile up. It is not the pure cost for electricity that makes it unaffordable to many Greek households struggling with unemployment. It is the extra charges incl. municipality taxes and state broadcast fees doubling the amount a consumer has to pay to the Greek Public Power Company. There …
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Labor Institute: Real Unemployment at 30%, monthly salary of €1,000+ in public sector
Real unemployment in Greece is at 30% and the salary gap between the private and the public sector is growing. These are some of the findings of the annual report 2016 conducted bu the Labor Institute of the Confederation of Greek Private Sector Unions (INE-GSEE) about the state of laborers …
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Shocking austerity: Greece’s poor lost 86% of income, but rich only 17-20%
Greece’s unbalanced austerity and drastic increase of poverty. The poorest households in the debt-ridden country lost nearly 86% of their income, while the richest lost only 17-20%. The tax burden on the poor increased by 337% while the burden on upper-income classes increased by only 9% !!! This is the …
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“Electricity for All”: Attica Prefecture will pay cost for electricity reconnection & bills
A good news for a change, a wonderful Christmas present for citizens and families without electricity! Attica Prefect Rena Dourou will come up for the cost and reconnect economically weak households to electricity network. The program “Electricity for all” will help households that had their electricity supply been cut by …
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Greek Deputy FinMin: tax reductions for companies and households
Deputy Finance Minister Christos Staikouras announced the tax reduction for companies and households in the debt-ridden and austerity-hit Greece. In an interview to daily Typos tis Kyriakis Staikouras heralded the Greek fiscal progress in lenders’ imposed austerity program and said that “meeting of the objectives launches the tax rates reduction.” …
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Theory vs Reality gap revealed by “decent living standards criteria” issued by Greek government
How much money does one need to cover monthly basic needs while living in Greece? Well, it depends…. In fact, it depends on who decides. The Troika, the government institutions, the banks, the employers or just the person concerned? The views seem to vary between the theoretical approach and the …
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Half of Greek taxpayers’ families survived 2012 with less than €800 monthly income
2.751.856 taxpayers together with their spouses and their dependent members managed to survive the year 2012 with an annual income below 9,500 euro. The data is based on tax payers declarations submitted in 2013 and on the occasion of the planned distribution of part of primary surplus to low incomers …
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Almost half of Greek households cannot afford heating oil
…and another half cannot afford to heat with natural gas, I suppose, because prices are just slightly lower. However the real plague is indeed the heating oil, because people have to fill the tanks and stump up some 700-800 euro. in advance. 44 % of Greek households told a survey …
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EUROSTAT: Austerity-hit countries pay for electricity & gas as much as the rich EU North
Good that there are statistics and we can base our complains on real facts and statistical data. Eurostat found out that household electricity and gas prices rose between the second half of 2011 and the second half of 2012 in the Europe of 27. In simple English, that is between …
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Survey: Income reduced 38% – 8 in 10 Greeks have cut even on basic foodstuff
93% of the Greeks report a fall in income in the last 3 years, while 8 out of 10 declare to have made cuts even in basic goods. According to a survey conducted by the General Confederation of Merchants and Craftsmen (GSEVEE), the purchasing power of Greeks has been reduced into …
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Resistance by Unions to Household Tax Escalates
You have just been tricked! You though it’s a news from rebelling Greeks, but it is not! This news item comes from debt-ridden and bailout Ireland. Thank God, Greeks are not the only ones who resist to pay what is generally called “emergency” or “additional” taxes. Our Irish friends, precisely the …
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Survey: Six Out of Ten Greek Households Unable to Pay Utility Bills
…and soon they will not be able to pay even for their daily food. According to a survey conducted by the Institute of Small Enterprises (IME/GSEVEE), six out of ten Greek households have difficulties in paying monthly utility bills (electricity, water), taxes and repay bank loans. The survey was conducted among …
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