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PoliticsGreek Politics
Price hikes pose fresh challenge for government Ahead of the Prime Minister’s appearance at the Thessaloniki International Fair (TIF) this weekend – the first major political set piece after the summer – pressure is growing on Kyriakos Mitsotakis to come up with answers to rising prices.
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Society
Communication prices in Greece highest in EU27 Greece continues to be the most expensive country in the European Union (EU 27) for communication, according to the latest consumer price comparison by Eurostat.
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Society
Distrust in news sources remains high, regardless of popularity The annual Digital News Report by the Reuters institute, updated for 2020, has revealed that Greeks continue to express high levels of distrust in the media sources they access.
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EconomyFeatures
BoG data shows drop in card usage in first half of 2019 The Bank of Greece (BoG) Financial Stability Report for December has shed light on a number of fiscal trends in Greece, including the rise in card transactions in 2019.
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Society
Household expenditure edges up again in 2018, still well below pre-crisis level The Hellenic Statistical Authority (ELSTAT) released its findings from the 2018 household budgeting survey which tracked the spending habits of Greek households.
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Society
Greece cheaper than average for majority of categories except food, most expensive for communications Greece topped the list of 10 items with the most expensive communications in the European Union (EU), according to data compiled by ELSTAT. Communications included telecommunications as well as postal services and the internet.
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EconomyBanking
Card usage gains traction with debit cards leading the way, BoG finds The Bank of Greece’s (BoG) latest overview of the Greek financial system has shown that the rate of card use among businesses and individuals has steadily increased over recent years.
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Society
Greeks mistrust in news and reliance on social media for information persists The annual Digital News Report by the Reuters institute, which aims to dissect how news is consumed in various countries, has highlighted the fractured nature of Greeces' news landscape and how popular social media is as source of information.
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EconomyMacroeconomy
If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study Enhanced credit card usage in Greece could capture revenues that exceed the annual inflows from the single property tax (ENFIA), a study by the Foundation for Economic and Industrial Research (IOBE) has shown.
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Society
Mistrust in news reporting persists amid chaotic media landscape The annual Digital News Report by the Reuters institute, which aims to dissect how news is consumed in various countries, has shown persistently high levels of mistrust in news sources among Greek users.