January 14, 2019 Tourism
Prices for admission tickets to the Museum of Acropolis will double during the summer period, Greek Culture Ministry announced on Monday. The ticket price will increase from 5 to 10 euros from 1. April to 31. October when the Museum will operate with extended visiting hours. During the same period, …
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October 15, 2018
FEATURED, Social
Heating oil at the average price of 1.15 euros per liter and up to 1.25 in remote areas or the islands make it again a luxury that only a few Greeks can afford. Almost half of the heating oil price is due to high taxation, to add are also transportation …
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August 10, 2018
Economy
Apartment prices increased on an average by 0.8 percent based on year-to-year comparisons in the second quarter of 2018, the Bank of Greece said on Thursday. According to a Bank of Greece statement and based on data collected from credit institutions,(1) apartment prices (in nominal terms) are estimated to have …
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May 24, 2018
Economy
Unleaded gasoline has reached 2 euros per liter in some regions of Greece in the last few days, while it has been particularly expensive also in large urban areas. In the island group of Cyclades, the average price of unleaded is already at 1.86 euros per liter, while on some …
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January 30, 2018
Economy
As if we, Greeks, wouldn’t pay the highest charges for mobile phone services among the member states of the organization for Economic Cooperation and Development. Now, one service provider will increase charges for sending MMS. and trust me, other soon will follow this hikes policy. A recent OECD report, revealed …
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January 17, 2018
Politics, World
Brussels started 2018 with a bold, simple claim: Membership of the European Union is great value because it costs citizens less than a cup of coffee a day. As Jean-Claude Juncker moves aggressively to expand the post-Brexit EU budget, POLITICO put the claim to the test. It's time to sort …
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July 5, 2017
Greece
“Greece is addicted to expensive medicines, and three rounds of rehab have made only a small dent,” Politico.eu writes in an article with title “Poor Greece splurges on costly drugs, to Brussels’ annoyance” and subtitle “EU economic problem case shuns cheaper generics, partly to keep ubiquitous pharmacies afloat. That’s changing too …
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June 5, 2017
Economy
Saudi Arabia, Egypt, Bahrain, the United Arab Emirates and Yemen have cut diplomatic ties with Qatar, accusing it of destabilising the region. They say Qatar backs militant groups including so-called Islamic State (IS) and al-Qaeda, which Qatar has denied. The dispute with Qatar, the world’s top seller of liquefied natural …
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May 22, 2017
Social, Society
More than 1.2 million Greek pensioners live on less than 500 euros per month. The dramatic income decreases in main and supplementary pension are shown in data released by the System for Pensions Control and Payment “ILIOS“. A 6% deducted also from the low main pensions goes for health care. …
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November 21, 2016
Economy
Nominal apartment prices are estimated to have declined on average by 1.5 pct year-on-year in the third quarter of 2016, the Bank of Greece said on Monday. The central bank, in a report, said that according to revised data, the decline in the first and second quarters of 2016 was …
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September 12, 2016
Economy
Summer is over. Not because the schools started today. But because the lenders’ representatives are flocking to Athens in order to audit the progress of the austerity measures. The Greek program Review is expected to commence in October and end up with success so that the €2.8billion bailout tranche will …
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May 16, 2016
Economy
A package with indirect taxes and special consumption taxes and fees worth 1.8 billion euro is expected to be submitted to the Parliament on Tuesday or Wednesday and be voted before the Eurogroup meeting on May 24th. The package can only be compared with an everything-sweeping hurricane, tsunami and volcano …
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March 30, 2016
Refugees, Very Mix
Migrants from Syria, Afghanistan and elsewhere, stuck in Greece, are turning to a barely disguised smuggling market for passage to other European countries. With borders to FYROM, Albania and Bulgaria closed, human traffickers promise new routes and new ways to take the desperate refugees and migrants all way to Germany …
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February 10, 2014
Society
Νo, Greece is not the most expensive country in the European Union, when it comes to comparison of salaries and prices of goods and services it sure is. This is the result of the Detailed Average Price Report November 2013 published by the European Commission. With the minimum wage at …
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February 9, 2014
Economy, Society
We finally seem to know why the Greek Development Ministry insists on abolishing the ‘fresh milk’ tag under the pretext of “decreasing the milk prices”. Because the milk prices will skyrocket as the debt-ridden and jerks-hit country will impose the fat tax on milk. “An 8%-10% tax on all products …
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December 10, 2013
Society
I was a lot around lately. I spoke with lots of people: relatives, friends, and friends of friends. We had a chat mostly over a cup of coffee. Maybe with a doughnut or a cup cake. We didn’t meet over lunch or dinner. Because we are all aware of the …
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October 16, 2013
Society
…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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September 20, 2013
Society
More than three million Greek citizens are currently uninsured and consequently have no access to public health care system and medical care. According to Dimitris Kontos, the President of Greek National Health Care system (EOPYY), the national health care system currently serves 6,171,000 people with insurance capacity, while the uninsured citizens …
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February 26, 2013
Economy
Their imagination is endless when it comes to steal the last cent I do not have form my pocket. Greek Energy Regulatory Authority plans to raise a so-called ‘security of supply” fee for consumers who use natural gas to heat their homes. The fee allegedly aims to “finance actions to …
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January 3, 2013
Economy, Society
That is the measure that successfully ..backfired: Greek households freeze and the state is looking after the revenues it did not manage collect. With Greeks vehemently refusing to buy heating oil, punishing the state for the tax increase and triggering black holes in the targeted revenues. Greek media report that only 2 out …
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