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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsis strong. The proposed law involves: a) Food allowance of 100 euros per family per month for up... of electrical power supply disconnected due to personal debt and free supply of electricity up to 300Kw/h per month per household for up to 150,000 households with a total cost for the 9-month period of 2015
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammethan 3 children and a monthly salary of 600-650 euros will now pay an annual tax of 100-200 euros from...), whose operation was delayed and around 200 million from the imposition of a levy of 0.05 euros per... percent on internet connections and 10 percent on Pay TV. Increase in the tax rate for investment
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economythat the minimum wage in Greece will increase for the first time in a decade to 650 euros per month, from 586... minimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... that had secured certain levels of work experience per three years increments before February 2012
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Our most popular stories in 2014
Agorait was unconstitutional to cut off taxpayers’ electricity if they did not pay. The only way of resolving this legal... percent. In terms of the number of rooms per person, Greece has the lowest ranking at 1.2, followed... of households per income during 2008-2012 showed the dramatic burden on household disposable income from
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Now comes the really hard part
Agoraby the European Central Bank shows that Greeks lost on average 16,909 euros per person in the four... Cooperation and Development (OECD) found that household disposable income fell by 27.5 percent per... the government’s earlier promises to the contrary, meaning that a minimum of 2.6 billion euros (or 525 euros per
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingdue to pay within the first half of 2016. The number of transactions per card remained unchanged at 16. Nevertheless, the average value of transactions per card dropped by 10 percent to 1,781 euros, mostly reflecting a similar decrease in that per debit card to 1,991 euros. Moreover, the average
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Newsletter 489 - 19/12/2025
gave New Democracy 23.6%, more than double PASOK’s 11.6. Greek Solution held third place with 9.5 per... The OPEKEPE scandal continued to weigh heavily. MRB found 78.4 per cent rated the government’s handling negatively, and 71.8 per cent doubted justice would be served. Opinion Poll’s survey gave New Democracy
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Newsletter 500 - 27/03/2026
, effective from April, which rises by €40 to €920 gross per month, without any pay adjustments for work experience. A worker with nine years of tenure will see their wage increase to €1,196 per month... and a digital fuel card that subsidises 36 cents per litre. This translates into roughly €50 per
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Greece braces for price shockwaves from Iran amid weakening purchasing power
EconomyMacroeconomyon diesel at the pump and a digital fuel card that subsidises 36 cents per litre. This translates into roughly €50 per month over the next two months, based on specific income criteria. There were also... of the new minimum wage, effective from April, which rises by €40 to €920 gross per month, without any
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Mandatory e-payments come into force as Greece seeks to boost card use further
EconomyFeatures, but businesses did not match this with the means to pay electronically. To counter this, in April... the arrangements necessary for customers to pay electronically as well as by cash. The move targets sectors where..., Mastercard, Maestro and Union Pay. They are also required to make mandatory payments to legally licensed
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