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Double digit inflation is taking Greece back 28 years

Double-digit inflation is taking Greece years back, in the now-distant 1994, which rising to levels above 10%. After 28 years, consumers in Greece are feeling the weight of steeply rising prices not only in electricity bills but also in basic food items. The new, recent package of interventions of 3.2 billion euros in energy is expected to keep inflation around 5%, this year.

  • Published in Greece

Minimum wage to rise by more than 6%

High expectations for an increase in the minimum wage, which may even exceed 6% - which appeared to be the most likely development - are being cultivated by the government, while the remuneration process has entered its final stage after the submission KEPE to the minister of the conclusions of the dialogue between scientific and social bodies.

  • Published in Greece
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