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Daily Archives: October 28, 2022

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Victim of online fraud, 72, cleared of money laundering

UncategorizedBy October 28, 2022Leave a comment

It took a year for a 72-year-old to disentangle himself from the charge of money laundering after falling prey to online fraud in the summer of 2021.

November electricity subsidies to drop to 430 million euros

UncategorizedBy October 28, 2022Leave a comment

State subsidies for electricity bills will be reduced to 430 million euros in November, from €1.1 billion in October and €1.9 billion in September, as a result of the de-escalation of the price of natural gas.

Panionios marks centenary since it left Smyrna

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Members of the Panionios soccer team gathered at the Panathenaic Stadium in Athens on Thursday to mark 100 years since the club was re-established after leaving the shores of Asia Minor in Turkey.

Growing demand for firewood driving illegal logging

UncategorizedBy October 28, 2022Leave a comment

The spike in demand for firewood due to rising natural gas prices and timber from the construction sector are driving a burgeoning business in illegal logging, according to local officials and loggers.

Parade commemorates World War II campaign

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The customary military parade celebrating the anniversary of Greece’s entry into World War II took place in Thessaloniki Friday.

Closing the window

UncategorizedBy October 28, 2022Leave a comment

A new measure foreseeing fines for businesses whose cash machines do not automatically report transactions to the Independent Authority for Public Revenue (IAPR) goes into effect on November 1. 

‘Exemplary’ Greece and Greek resilience

UncategorizedBy October 28, 2022Leave a comment

A phrase by Chancellor Olaf Scholz during his visit to Athens on Wednesday got me thinking about the long and complicated relationship between Greeks and Germans – and about some Greek virtues and vices.

Rents jump 12% in a year

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Rental rates have increased by 12% across Greece in the last 12 months, which is more than twice the 5% growth rate in the previous 12 months (October 2021 – October 2020).

Pensioners to see their first raise in 12 years

UncategorizedBy October 28, 2022Leave a comment

The Greek government will pay the first pension increases in 12 years to around 1.3 million pensioners in January, Labor and Social Affairs Minister Kostis Hatzidakis said on Wednesday.

Nordic interest in property

UncategorizedBy October 28, 2022Leave a comment

Investment funds of Scandinavian origin are examining the housing market in Greece, with the aim of attracting pensioners from their countries.

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