The Development Minister, Mr. Takis Theodorikakos, announced an end to the profit cap measure while locking in existing discounts across 2,000 product codes through the summer, with deeper cuts planned for September
The Athens Bakers' Guild is urging members to join a protest on Wednesday, June 17, at 7 p.m., gathering at Monastiraki Square
Eurostat data puts Greece well above the eurozone average, with energy costs and services driving prices higher across the bloc ahead of a closely watched ECB decision next week.
Eligible families will receive €150 per child by the end of June, with payments made automatically and no application required
With household costs rising sharply and inlfation surging partly because of the Iran conflict, Athens is weighing a package of fuel subsidies worth up to 200 million euros, to be announced before the end of next week.
The Greek government may be reinstating additional subsidy schemes, with final decisions expected later this month.
Inflation rises as Greece continues to outpace the eurozone, exposing structural weaknesses in its energy-dependent economy. It also raises concerns that price pressures will prove more persistent, compounding the strain on households.
Early holiday timing, rising costs and regional tensions weigh on demand, even as state subsidies help keep ticket prices steady.
Falling unemployment and rising job numbers mask a deeper income strain, as low wages and part-time contracts leave many Greek workers unable to make it through the month on one salary alone
Inflation in Greece is easing, but supermarket prices, rents and services remain high, forcing households to slash budgets and businesses to report falling sales, according to new data and market analysis
Greek shoppers are cutting back and hunting for bargains as inflation takes a toll on the cost of holiday celebrations.
During a charged parliament debate, leaders clash over Greece’s escalating cost-of-living pressures, with the PM arguing that wage growth and fiscal discipline are easing pressure on households, while LOTO accused the government of deepening inequality
Deutsche Bank research highlights Athens as the third most expensive city globally for basic utilities, which consume nearly 19% of the average wage.
With €2.5 billion in wage hikes, bonuses, and tax cuts, Greece is loosening its purse strings to ease household strain — cautiously, and amid widespread discontent with government performance
Eurostat data show Greece’s labor costs rising far faster than productivity, creating competitiveness challenges
As students prepare to return to school in mid-September, rising prices for backpacks, stationery, and extracurricular activities are putting significant pressure on household budgets
The ministry remains on alert in an effort to contain food inflation, having managed to stabilize prices in some categories earlier this year.
Equally steep cuts were seen in personal care and fitness services, where expenditures also fell by 50%.
Deutsche Bank’s 2025 report paints a sobering picture of Athens, revealing it has a long way to go to become a globally competitive city
The Greek government is promoting the use of price-comparison tools as consumers face further food cost increases.