March 26, 2023
Economy, FEATURED
Inflation and price rises have restricted that quintessential Greek pastime of spending time with friends out of the home, drinking coffee, a new research found. Kapa Reseach found that over half of Greek coffee drinkers (54%) said they have limited the times they go out for coffee due to the …
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January 4, 2023
FEATURED, Greece, Politics
Generic medication with the same therapeutic value is fully available for children, Health Minister Thanos Plevris said on Wednesday, seeking to reassure parents about shortages, particularly of inhalers and syrups. In a press conference, the health minister said, “I understand parents’ concerns, and what I am saying is that there …
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January 3, 2023
FEATURED, Greece, Politics, Social, Society
Greece’s Health Ministry finally found a solution, a medicine, so to say, to combat drugs shortages: Price Hikes. In the mind of the ‘genius’ health ministry leadership this will scare off citizens/patients from getting medicines and thus creating shortages. Crazy? Cynical? Stay-home-and-die policy? The Health Ministry will raise the prices …
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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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September 19, 2022
Economy, FEATURED
I have been literally frustrated by shrinkflation, spending more and more money to buy less product. And I was shocked over the weekend when I realized I spent a whole of 130 euros for supermarket purchases. It was supposed to be shopping to cover weekly needs. I did online shopping …
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August 31, 2022
Economy, FEATURED
With food prices constantly on the rise, while salaries and pensions remain at the same levels, the conservative Greek government is considering to issue a so-called Food-Pass, more or less in the same standards as the Fuel-Pass. The Food-Pass, a voucher, is thought as a financial support for purchases at …
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April 18, 2022
Economy, FEATURED, Uncategorized
Greeks are puzzled about what to bring on the Easter table and turn the euro coin twice before they proceed with purchases. Tradition requires lamb or little goat preferably whole and nicely grilled over an open fire on a spit. A delicacy is also mouth-watering kokoretsi, dyed eggs, a plethora …
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April 4, 2022
FEATURED, Society, Strikes
Greece’s public and private sector unions, ADEDY and GSEE, will launch a nationwide 24-hour general strike on Wednesday, April 6, to protest the price hikes and the stagnation of wages. The general strike that is expecting to paralyze the country is the second in three years. Central demand of the …
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March 9, 2022
FEATURED, Greece, Politics
Majority of Greeks are against the sending military equipment to Ukraine thinking this will place Greece in a difficult position and will also deteriorate relations with Russia, two public opinion polls have found. At the same time, they side with Ukraine rather than with Russia, a country with which Greece …
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February 15, 2022
FEATURED, Greece, Politics
Difference between ruling conservative New Democracy and main opposition party left-wing SYRIZA has decreased to 10.5% in the preference of potential voters as the high energy cost and the price hikes are a reason of concern for 47% of the Greeks. At the same time, Greeks seem to turn down …
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February 14, 2022
FEATURED, Greece, Politics
“Enough with whining and misery. I can’t stand misery anymore. I’m fed up with misery. Misery does not do good in Greece, misery harms the homeland, whoever is miserable all day harms Greece.” This was said by Development Minister Adonis Georgiadis on the price hikes during the morning magazine on …
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December 20, 2021
Greece, Politics
Leader of main opposition left-wing SYRIZA, Alexis Tsipras, reiterated his call on early elections on Monday arguing that the conservative New Democracy government has failed to handle the coronavirus pandemic and to the price hikes Speaking at a conference on digitalization on Monday, Tsipras said that public trust in the …
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December 15, 2021
Economy, FEATURED
Six in ten Greeks say that they will spend much less on Christmas shopping than they did last year. Reason are the price hikes and the higher energy cost as well as the insecurity with regards to the pandemic. The changes in the buying habits of consumers in the last …
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November 15, 2018
Economy
Shocking price hikes from 4 percent to 6.5 percent are expected in bread and dozens of other products based on flour as of end of November due to the increase in grains world wide. Suppliers have already informed Greece’s supermarkets that price increase 4% to 6.5% are to be expected …
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April 10, 2017
Economy
Greece’s inflation rate rose to 1.7 percent in March, Greek Statistics Authority ELSTAT said on Monday. The rise is due to the mass price increases in food, alcoholic drinks, tobacco, telecommunications, heating oil and transport due to special fee in fuel. In February inflation rose to 1.3% and in January …
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April 24, 2012
Economy
That’s the country of economic miracles full of paradoxes. While the incomes decrease and wages undergo more and more cuts of 20-30%, prices keep going higher and higher. As if the 40% hikes in heating oil were not enough, prices for public transport and utilities are expected to rise at 25%. Greek …
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