Inflation in the Eurozone in February amounted to 5.8%

Eurozone inflation rose to 5.8% in February from 5.1% in January, according to Eurostat’s preliminary forecast released today. Most of the increase was in the energy sector. The corresponding index rose by 31%, followed by food with an increase of 3% to 6%. The largest price increase was recorded in Estonia and Lithuania – […]

The decision to issue a coupon for 100 euros is being considered by the government

The government is looking for ways to support the population in a difficult economic situation, and is exploring all possible scenarios. Among them is support for those who are most in need and therefore under the greatest pressure due to inflation. The scenario under consideration assumes that the most vulnerable households will be issued a […]

It remains only in dreams to reduce VAT on basic products

The government is postponing the reduction of VAT on basic products as a measure to support the population due to inflation and rising prices due to the energy crisis. The head of the prime minister’s office, Alexis Patelis, stressed that “the government will act prudently. So far, support has been provided to citizens, including, for […]

Eurostat: what households spent the most money on during the pandemic

According to data compiled and published by the European Statistical Office Eurostat, in 2020 the category “housing, water, energy” spent more than a quarter of income, or 25.7% of EU household expenditures, which is 2.2 percentage points more than in 2019. … “Food and non-alcoholic drinks” and “Furniture and household appliances” also showed an increase […]

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