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Tag Archives: prices

Apartment prices in Greece keep soaring

Apartment purchasing prices in Greece grew by 12.2% in the fourth quarter of 2022 and at an average annual rate of 11.1% in 2022, the Bank of Greece said in a report last week. Broken down by age of property, the annual rate of change in prices of new apartments …

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Lower electricity rates in April, yet Greece “most expensive in Europe”

The majority of Greek power providers have announced significantly lower rates for April, following the easing of prices in the Greek energy exchange and in international markets. In many cases the prices are already lower than 15-16 cents per KWh, which is the target price for consumers after including state …

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Significant reduction in power bills coming in February

Significant reductions in electricity bills for household consumers in February were announced by the Public Power Corporation (PPC) and other power providers on Saturday. In the announcement, it was noted that the final consumer price depends on the amount of the electricity consumption subsidy announced every month by the Ministry …

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Electricity prices fall sharply in Greece

Wholesale electricity prices fell below 100 euros/MWh in Greece for the first time in 18 months. Electricity prices for tomorrow, Wednesday, January 18, were set at 86.77 euros/MWh in the Greek Energy Exchange, falling below the 100-euro barrier for the first time since August 2021, media report. Market analysts attributed …

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Significant decrease in electricity prices expected in November

A significant decrease in electricity prices is expected as of November, following the reduction of both electricity prices on the energy exchange and international natural gas prices, the market reportedly estimates. These are the nominal prices which – according to the legislation – are announced by the suppliers every month. …

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Heating oil sale begins on Friday with last minute discount by refineries

The sale of heating oil to households began on Friday with a last minute surprise discount of 6 cents per liter by the Hellenic Petroleum refineries (ELPE). The price was supposed to at 1.42 and 1.45 euros per liter, and after the discount is reportedly below 1.40. Nevertheless,  it is …

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August in Athens? Organized and free beaches for a cool swim

In Athens mid-August? Longing for a refreshing swim at a beach nearby? There are plenty of beaches along the Athens Riviera, along the whole regional unit of Attica, some of them organized and some free for all. Free beaches have no sunbeds but some like in Glyfada (Blue Flag)  and …

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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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Nightmare for motorists: Fuel prices reach new high; more increases

Fuel prices have turned into a nightmare for motorists as it climbed to €2.267 on Sunday and reached €2.50 and shocking €2.70 on the Greek islands. Fuel traders forecast more increases during the week, fearing it will strike 2.50 euros and even 3 euros per liter. Nikos Papageorgiou, President of …

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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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SYRIZA blames Gov’t for soaring prices, high toll of Covid-deaths outside ICU

Main opposition party SYRIZA-Progressive Alliance blames the government for soaring prices and the high toll of Covid-related deaths outside the ICUs. In a spot, the main opposition party urges for a series of measures for the benefit of the society. In a spot SYRIZA demands decrease of the special tax …

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