Eurostat forecasts Greece’s inflation to rise to 4.3% in November, up from 2.8% in October, with the country following the eurozone inflation trend, where the consensus CPI (consumer price index) at the end of the month is expected to rise to 4. 9% from 4.1% in October. Despite significant growth from month to month, Greece […]
Inflation appears to be of great concern to the country’s government, which is looking for a way out to mitigate the impact the price hike will have on both the economy and households ahead of the tough winter ahead. Deputy Finance Minister Theodoros Skilakakis notes that “the rise in prices for fuel and raw materials, […]
The countries of the European Union could not agree on the reaction of the entire bloc to the rise in energy prices at an emergency meeting of government ministers on Tuesday. At the same time, some of them are seeking a revision of the regulatory framework, while others are categorically opposed. European gas prices hit […]
The continuing frantic rise in energy prices has led to a sharp rise in the cost of electricity, oil products and gas. No one can predict with certainty when this race will stop, and when prices will begin to decline or even stabilize. In the new bills, which will soon be received by citizens, they […]
Heating oil sales in Greece for the 2021-2022 season began on Friday, when prices rose 46% over the previous season. Natural gas increased by 48.5%. These prices make it difficult for many households to afford it. Prices start at € 1.17 per liter in Athens and Thessaloniki and are much higher in remote areas or […]
It is no secret that world food prices have already exceeded a 10-year high, and this is not the limit. Food is getting more expensive. What to expect in the near future? According to data from the Food and Agriculture Organization of the United Nations, the cost of ingredients such as cereals and oils is […]
Average electricity prices on the Greek energy exchange rose to € 134.73 per megawatt hour in September from € 121.72 per megawatt hour in August and € 46.6 per megawatt hour in September 2020, the exchange said. … This increase represents an increase of 189% in 12 months, mainly due to the jump in natural […]
Greek Finance Minister Christos Staikuras announced new measures to support the population in connection with the sharp rise in electricity and energy prices for households and businesses. “Rising commodity prices pose a threat to the recovery, especially the rise in energy prices, which is an energy crisis. European crisis, but also temporary. But an acute […]
The consequences of the global energy crisis hit the pockets of the people of Greece. There is an increase in prices for essential goods. The energy crisis, according to experts, will significantly burden the family budget, as the coming winter is expected to be especially difficult for consumers. Prices for basic products have already begun […]