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Gold Hits All-Time High, Crypto Assets Also on a Charge

Gold has climbed to a record high for the second session in a row, as investors flock to the traditional safe haven asset amid hopes of interest rate cuts in the months ahead. The price of gold has reached $2,111.39...

High Olive Oil Prices Worldwide: Are They Worth Paying?

Countless headlines refer to the high prices of olive oil. Climate change-induced heatwaves, droughts, floods, and fires have drastically reduced global olive oil production levels. Coupled with high prices for energy and labor, this has driven prices to record...

Olive Oil Becoming Luxury as Prices Skyrocket in Greece

Olive oil, an essential part of culture and cuisine in Greece, is becoming a luxury good because of skyrocketing prices, the president of one of Greece’s major olive producers’ union said Saturday. The wholesale price of olive oil in Crete,...

Holiday Prices to Greece Soar by 30% Compared to 2022

Holiday prices to Greece, including package holidays and flights, have increased by an average of thirty percent compared to 2022, according to new research. The UK magazine Which? found that those booking a summer 2023 package holiday between November 1,...

Sotheby’s Sells Villa in Lefkada for a Record $5,8M

A spectacular villa on the Greek island of Lefkada was sold through Sotheby’s for around 14,000 euros per square meter. Built near the sea, the price of the home reached a record for the island, selling for almost 5.8...

Consumers in Greece to Receive 60 Percent Rebate On Electricity Bills

Consumers in Greece will be getting a rebate of 60 percent on the extra charges they paid for their electricity from December to May, as part of a packet of relief measures to tackle soaring energy prices, PM Kyriakos...

EU: How to Reduce Your Energy Bills and Dependency on Russia

This week, the European Commission and the International Energy Agency outlined a range of simple steps that people and governments can take to reduce energy bills, dependency on Russian energy, and help the environment. According to the plan, if all...

Electricity Prices Skyrocket in Greece, Europe as Winter Sets In

Greece and the rest of Europe are facing an energy crisis with electricity prices skyrocketing to new records on Wednesday as winter sets in. According to the European platform EEX, wholesale prices of electricity at over 400 euros ($450) per...