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Monthly Archives: October 2022

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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

UncategorizedBy October 28, 2022Leave a comment

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

UncategorizedBy October 28, 2022Leave a comment

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.

Consumers paying more, shopping less

UncategorizedBy October 28, 2022Leave a comment

Households in Greece have paid about 320 million euros more in the first nine months of the year than they did in the same period last year but they bought fewer products (1.8% less) in total. 

Greece to be spared gas cuts

UncategorizedBy October 28, 2022Leave a comment

Greece and three more Southern European countries should be spared natural gas cuts this winter, the European Network of Natural Gas System Operators (ENTSOG) said in its annual report on security of supply.

Industry faces 5% energy cut

UncategorizedBy October 28, 2022Leave a comment

Government officials are busy working out the plan for reducing energy consumption by 5%, which is to become mandatory for industries from December 1, 2022 to March 31, 2023.

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