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Apartment prices in Greece record a 2.5% increase in 2018

Data collected from credit institutions show that nominal apartment prices are estimated to have increased on average by 2.5% year-on-year in the fourth quarter of 2018, the Bank of Greece said in a press released issued on March 5.  The average annual increase in apartment prices was 1.5% in 2018, …

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Acropolis Museum ticket prices double during the summer months

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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Apartment prices in Greece climb by 0.8% in second quarter of 2018

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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Fuel prices skyrocket, on some Greek islands reach €2 per liter

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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Arab countries cut ties to Qatar for ‘supporting terrorism’, send oil prices higher

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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Bank of Greece report: Apartment prices down 1.5 pct in Q3

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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Refugees pay €1,000-€14,000 to smugglers in order to escape Greece

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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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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More than 3 million Greeks have no access to public health care system

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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Greece to raise extra fees for natural gas consumption

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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