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.
Cheaper electricity in Greece will be available from 10 a.m. to 3 p.m. and on weekends, possibly starting in 2025, when Greece changes its Time-of-Use pricing policy.
Toll rates for car drivers using the Attiki Odos motorway will drop to 2.50 euros from 2.80 euros at midnight Oct. 5.
The latest official figures by the Bank of Greece (BoG) confirm that residential rents continue to rise throughout Greece, with the northern metropolis of Thessaloniki leading the way with an average 9.1% increase year-on-year in the cost of registered residential leases in the first quarter of the year. The figures hold more weight than similar […]
In contrast to Athenians, people working in Berlin have an average annual gross salary package ranging between €40-000 and €60,000, with a gross salary between €64-70,000 considered good.
Vintage sweet and ice cream shops in Greece are struggling to survive. To Vima English Edition spoke with a third generation ice cream-maker about the reasons
Greek market experts are forecasting a 15-20% rise in the price of basic goods, coffee, and cocoa in September.
The ‘School Supplies Basket’ goes into effect on Aug. 28 and aims to support families with children by keeping school goods prices low.
Housing shares between 2002 and 2022 increased from 21.1% to 24.1%, driven by a surge in housing prices and energy costs.
The VAT increase from 13% to 24% on served non-alcoholic beverages, effective July 1, has further deterred customers, according to business owners.
Ice cream in Greece is becoming a costly pleasure with a liter selling for at least 3.7 euros in 2023, among Europe's most expensive.