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Greece’s proposals: new horizontal cuts to low-pensions?

The Greek additional proposal to the creditors has been leaked to the press. Athens offers earth and water – in creditors’ language “taxes and revenues” worth €7.899 billion for 2015-2016 that is in...

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Tax burden in 2016 amounts to 37.6% of the GDP – EU Commission ‘sees’...

Greek citizens face a major tax burden, with a European Commission survey revealing that the burden climbed to 65.7 billion euros in 2016, from 64 billion euros in 2015. According to the European...

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Workers at rail track public transport to get 2%-4% wage increase

Remember the strikes and the work stoppages launched by workers at public transport means Metro, Tram and Urban Train ISAP? They were successful! The management of STA.SY and the staff signed a new...

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Transport Ministry plans reduced ticket fares for short journeys in Athens

Greece’s Transportation Minister Christos Spirtzis announced government plans to allow reduced ticket in Athens public transport means for short journeys. According to economic news website...

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Greek consumers price index slows to 0.5% in Jan, despite increases in food

Greece’s annual EU-harmonised inflation rate slowed in January, statistics authority ELSTAT announced on Thursday. Inflation was at 0.5% in January 2019, despite the fact that prices in food and...

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