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Tag Archives: price

EU countries finally agree gas price cap after weeks of talks

European Union nations’ energy ministers have agreed a gas price cap, a spokesperson for the Czech Republic said on Twitter on Monday. First reaction from Russia: “Unacceptable!” The deal follows weeks of talks on the emergency measure that has split opinion across the bloc as it seeks to tame the …

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Golden Visa in Greece hikes to €500K; Minister lists affected regions

The government is proceeding with new regulations regarding the “Golden Visa”, doubling the amount of property investment in specific and regions across Greece with the aim to obtain a residence permit. Speaking to reporters on Thursday, Deputy Minister of Development and Investments Nikos Papathanasis announced that the government will submit …

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These are the 50 basic good for the “Household Basket” at supermarkets

Greece’s Development Ministry published a list of 50 proposed basic goods for the so-called “household shopping basket” for which supermarkets are expected to contain price hikes or scale back future increases. The list follows up on a meeting between Development & Investments Minister Adonis Georgiadis and representatives of supermarket chains …

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Golden Visa: Greece doubles investment to €500,000 from €250,000

Greece’ Prime Minister Kyriakos Mitsoτακισ shocked the real estate market on Saturday when he announce that investment for Golden Visa is being doubled from €250,000 euros to 500,000 euros. The announcement came practically out of the blue with the argument that real estate will be affordable to Greeks again. The …

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“VAT to be reduced in some products,” says one minister, “no way” says another

Development and Investment Minister Adonis Georgiadis left open the possibility of reducing the Value Added Tax on a series of  products to contain price increases. Speaking to Mega TV on Tuesday, Georgiadis said that the government is considering reducing the VAT on certain products, adding that this is a measure …

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Greece’s Public DEPA and Gazprom strike a price deal for natural gas supply

Public Gas Corporation of Greece DEPA Commercial and Gazprom struck a deal on Monday after months of negotiations on the price for the supply of natural gas, on terms that were favorable for the Greek market, an announcement said. The new deal, which is included within the framework of the …

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Rapid price increases in Greece’s supermarkets and fuel

Prices on supermarket shelves and fuel are rising rapidly during the pandemic and basic products will be even more expensive in the near future. Prices are expected to increase further in the next period due to the rise not only of raw materials internationally but also the price of transportation …

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Greece sets price cap for PCR, Rapid tests at private health facilities

Greece is setting maximum prices for Covid-19 tests, molecular PCR and Rapid Test carried out at private health facilities, authorities announced on Friday. The price cap will be set by the Ministry of Development and with a legislative amendment to be tabled to Parliament soon. Speaking at the live briefing …

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Greek fuel operators insist on gasoline hikes due to Saudi crisis

Oil prices remained stable on Tuesday, despite increases in world market and refinery prices. According to the Greek Development Ministry, the average price of unleaded petrol was at 1.592 euros per liter, compared with 1.589 euros on Monday. However, petrol stations in Thessaloniki announced price increases in fuel as of …

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