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Tag Archives: increase

Fees for electricity distribution rise by 752.7%, collected retroactive

Greece’s Energy Regulator Authority (RAE) increases charges in the electricity distribution network as of May 1 and thus retroactive. The charge increases reaching over 7 euros will be collected by the Greek Electricity Distribution Network Operator (DEDDIE) and is reportedly “intended for investments and other [undefined!]expenses of the company.” With …

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Greece raises minimum wage to €780 from April 1

The minimum wage will be set at 780 euros gross from April 1, Prime Minister Kyriakos Mitsotakis announced οn Friday. This corresponds to an increase of 9.4 percent. Monthly minimum wage is currently 713 euros gross. With the increase from April 1, and the rise to €780, the net income …

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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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Coronavirus, flu cases slightly increased, says EODY weekly report

Positivity in both coronavirus and flu cases increased over the past week, February 20-26, Greece’s National health Care organization EODY announced in its weekly epidemiological report on Thursday. Positivity of all tested samples for Covid-19 saw a small increase, as did the rate of hospital admissions and intubations. There were …

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Tsiknopempti grilling raises smog levels in Athens

Smog in Athens and Attica rose by 2 to 2.5 times, higher than the usual cold evening in the Greek capital due to the massive traditional grilling on Tsiknopempti, the Smokey Thursday, on February 16. Speaking to state broadcaster ERT, Director of Research of the Athens Observatory, Evangelos Gerasopoulos, said …

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Suicides in Greece up 25% since 2020, says Suicide Observatory

The number suicides in Greece in 2022 increased by almost 25% relative to 2020, according to the annual suicide data reported and analyzed by the Suicide Observatory Non-profit organization “KLIMAKA”. The total number of reported suicides in 2022 was close to 600. Αnalysts note that this figure actually corresponds to …

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Rents in Greece’s major urban centers skyrocket

Rents in Greece’s major urban centers skyrocket and so do the landlords’ demands. the reasons are diverse but mainly the increase of the so-called “subjective prices” consequently the rise of property taxes as well as the rising cost of living. As incomes remain stagnant, though, access to affordable housing has …

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ECB makes large interest rate hike, bank deposits at 1.5%

The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation, increasing rates Thursday at the fastest pace in the euro currency’s history and raising questions about how far the bank intends to go with the threat of recession looming over the economy. The 25-member …

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ECDC and EMA recommend 2nd booster shot in summer 2022

The European Centre for Disease Prevention and Control (ECDC) and the European Medicines Agency (EMA) have updated public health recommendations on the use of additional booster doses of COVID-19 vaccines this summer and in the upcoming autumn and winter seasons. The updated recommendations come amid increasing rates of COVID-19 reporting …

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Greece Ferries increase ticket prices for 3rd time in 2022 for specific routes

For third time in 2022, Greece’s ferry companies increased the ticket prices at a range of 4% to 8% on average on July 1. The hikes are only certain ferry itineraries and mainly from the port of Piraeus. From the port of Rafina, the prices of individual tickets with conventional …

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Striking hikes in taxi fares, Union SATA in Athens announced UPDATE

Striking hikes in taxi fares are underway, due to the explosive increase in fuel prices, the Taxi Union SATA announced on Friday, following a meeting with the leadership of the Transport Ministry. Τhe Union had sent a memorandum to the Ministry complaining that “taxi drivers are suffocating due to the …

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Greece’s ferries raise ticket and car prices to cope with energy crisis

Some ferry lines in Greece have already increased their ticket prices for passengers and vehicles transport due to the soaring energy prices. The raise ranging approximately 10% to 12% is in order to meet the growing operating cost due to the increase in international oil prices due to the war …

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Justice Ministry submits draft bill with tougher penalties for serious crimes

Greece’ Justice Ministry submitted to Palriament a draft bill a series of amendments to the penal and criminal justice code. The bill submitted on Tuesday following a period of public consultation and dialogue. The provisions in the bill were first presented by Justice Minister Konstantinos Tsiaras and Deputy Justice Minister …

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