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EnergyMin Says If Oil Prices Increase Government Will Take Measures
If the price of oil drastically increases the government will take the necessary measures, Environment and Energy Minister Giorgos Stathakis said on Monday, speaking...
44% of Central Heating in Athens Remains Turned Off
According to the data released by the head of the Attiki Gas Supply Company (EPA) Mr. Balaskas, this winter, the central heating of 44...
Greek Finance Ministry Amplifies School and Hospital Heating Funding
The Greek Ministry of Finance announced today that the State Treasury has approved a 51.5 million euro fund packaged to cover the increased heating...
Eight Out of Ten Greeks Slash Heating Expenses
According to a new survey, published today, eight out of ten Greeks have reduced the heating expenses compared to last year’s data. In Greece...
High Oil Prices Drive Greeks to Burn Wood
Greeks cutting back on household expenses are turning from oil to wood to heat their homes, but in turn are filling the night air...
Schools in Danger of Closure for Lack of Heating
Schools in northern Greece run the risk of being closed in the coming days because they haven't enough money to pay for heating, the...
Heating Allowance May be Cut for Greece's Poor
At risk of being cut from this year's budget to another round of austerity measures is some 130-150 million euros ($167.5-$193.6 million) designed to...
Inflation in Greece Jumps to 12 Percent in September
The annual inflation rate in Greece rose to 12 percent in September, up from 11.4 percent in August and 11.6 percent in July, the...
US Fed Interest Rate Hike is Highest in Nearly 30 Years
The US Federal Reserve's decision to raise interest rates by three quarters of a percent on Wednesday—the biggest hike since 1994—was designed to rein...
Greek Inflation Rate Soared to 11.3 percent in May
Much like in many parts of the world, the inflation rate in Greece has soared to its highest rate in nearly thirty years this...


