Whichever form of heating households choose this winter, if their home does not have sufficient insulation, the final tally will be up to 70% higher.


05.09.2022 / 07:58

Next year must see a major fiscal adjustment, as 2022’s 2% primary deficit must become a primary surplus of 1%. In practice, this means 6 billion euros.

22.08.2022 / 13:23

Subsidizing the cost of electricity remains the government’s top priority. However, the uncertainty of global energy markets makes the cost of that measure a speculative exercise, which limits the margin for other support measures that Prime Minister Kyriakos Mitsotakis would like to announce in his September 10 keynote speech at the Thessaloniki International Fair.

09.08.2022 / 17:18

The government is considering two sets of handouts: one for the rest of the year, which will be dealt with through the supplementary budget, and one for 2023, which also happens to be an election year.

01.08.2022 / 21:47

Τhe fiscal cost of subsidizing electricity bills could skyrocket up to 300 million euros per month, which in practice requires adjustment to the state budget, both the current one and that of 2023.

19.07.2022 / 06:57

The increase that will have to be granted to hundreds of thousands of pensioners will potentially rise to over 6%, while pressure for salary hikes in both the public and private sectors will intensify.

11.07.2022 / 21:47

Yet another crucial indicator, that of incomes declared to the tax authorities, confirms that the cycle of the 10-year debt crisis and bailout has closed.

06.07.2022 / 18:56

The state’s permanent electricity subsidy mechanism is being launched under particularly difficult circumstances, as the Finance Ministry will need to allocate more than 650 million euros for just one month to keep down the power costs of some 5 million households and 1 million professionals in July.

27.06.2022 / 07:07

Is demand for fuel flexible or not? Can’t even an explosive increase in prices, such as that experienced by consumers in Greece in recent months, since Russia invaded Ukraine, reduce consumption significantly? The data that are arriving every month at the Finance Ministry show it can’t, at least for now.

20.06.2022 / 22:08

The government aspiration of having tax declarations in by end-June will not be realized this year either, as 10 days before the end of the month, only 47% of the basic forms (E1) have been submitted and just three out of 10 for the self-employed (E3 forms).

09.05.2022 / 22:59

The last time inflation was in the double digits was back in February 1995, but that 27-year record is likely to be broken this week.

02.05.2022 / 18:32

This year’s tax revenues may even climb above 47 billion euros, with Finance Ministry officials about to upwardly revise their target.