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Tag Archives: skyrocket

Olive oil price increases bring Greek salad & vegetable dishes to tears

Olive oil turns into a luxury item in Greece and we may soon find ourselves to use it as an expensive perfume applying just one drop behind our ear, leaving behind thousands of mourning tomatoes and vegetables crying over an oil-less, tasteless existence. As the prices increase week in, week …

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Real estate prices in Greece reach record highs

The rate of house price growth is continuously exceeding record highs, according to data compiled by the Bank of Greece for the first quarter of 2023. Indicatively, prices rose 14.5% year-on-year in Greece as a whole, with even higher increases in the two biggest urban centers, reaching 16.5% in Attica …

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Greece’s new Coronavirus record: 6,700 cases; 58 deaths; geo distribution

For second consecutive day, coronavirus infections broke a new record since the pandemic began in Greece with 6,700 cases confirmed in the past 24 hours. 59 patients died due to Covid-19 complications also in last 24 hours. The number of intubated Covid-patients in hospitals increased further 434. Next to Attica …

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Power disconnections due to debts skyrocket by 313% in last three years

Thousands of households across Greece see technical teams of public power supplier PPC to disconnect the electricity supply on daily basis. Electricity disconnections to households and businesses due to debts to power suppliers have increased by 313% in the last three years. The official data of the Regulatory Authority for …

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Greek Parliament Budget Office: taxes skyrocketed since 2010, up to 450% in fuel

The Budget Office of Greek parliament summarized the tax increases that took place since the country sought the aid of International Monetary Fund. The report was thought as an answer to finance Minister Yiannis Stournaras who denies the Greek households were overtaxed. “A series of tax increases from 2010 up …

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