Mitsotakis outlined plans on rising prices, housing support, farmer compensation, transport pressures, energy deals, and a sea-drone partnership with Ukraine
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
Eurostat data show Greece’s labor costs rising far faster than productivity, creating competitiveness challenges
Tax relief measures announced at the Thessaloniki International Fair are seen as insufficient, as inflation keeps eroding household income
A new report by ELSTAT reveals sluggish retail trade, with Greeks increasingly bargain hunting and switching to second-hand shops.
The price gap between production and supermarket shelves in Greece remains significant. Meanwhile, heating oil is cheaper than last year but pricier than a month ago.
Energy prices in Greece also rose by 0.7% in Dec., compared to a 0.1% increase in the Eurozone.
At the same time, the consumer price index in the Eurozone increased by 1.8% during the same month (down from 2.2% in Aug.), falling below the European Central Bank's (ECB) target of 2%.
Consumers in the country are paying more for basic goods such as bottled water, as inflationary pressure sends the cost of living skyward
Following a cabinet reshuffle, Greece’s PM pledged to address the cost of living crisis extending gov’t provisions by six months.
Greek consumers worried that expenses will soar yet again after a government measure to keep prices down due to inflation ends on May 31st.
Lithuania (0.3%), Finland (0.7%), and Latvia (1%) recorded the lowest inflation in March, with Croatia (4.9%), Austria (4.2%) and Estonia (4.1) witnessing the highest rates
Speaking during a television appearance on Tuesday morning he also acknowledged that rising cost of living remains the number one problem faced by Greek households
On Wednesday, March 13, Greece launches the ‘Lenten Period Basket’ with products at fixed prices to tackle inflation and support low-income families.