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.

A new report by ELSTAT reveals sluggish retail trade, with Greeks increasingly bargain hunting and switching to second-hand shops.

Northern Greece residents, older adults, and low-income earners express deep concern over rising costs and economic instability.

In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.

"We are striking against the increasing cost of living crisis, we are striking for better wages"

Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Recent Tempi protests and the no-confidence motion against the Greek government reflect the public’s growing distrust in Greece’s institutions and political leadership, along with mounting frustration over the country’s cost-of-living crisis

Among the EU's 27 member states, 15 countries reported scores at or above the bloc's average.

Starting on Dec. 11, items included in this year’s 'Christmas basket' will be sold at fixed prices across supermarkets in Greece.

Both the soaring inflation and the low wages mean Greek workers are struggling to make ends meet

Behind the economic optimism over Greece's GDP growth and tourism sector, the report reveals that Greece's living conditions continue to be plagued by the deep-rooted issues of poverty, deprivation, and economic strain.