Greece escalates fight against inflation with targeted measures
Greece’s government announces targeted anti-inflation measures including stable school supply prices and new interventions for basic food products.
Economy
Child benefit A21: Platform temporarily closes September 1st
Greece’s child benefit A21 platform temporarily shuts down September 1st for payment processing. New applications suspended until 4th installment completed.
Greece to auction €500 million treasury bills on September 3
Greece announces €500 million treasury bill auction for September 3, offering 52-week securities with opportunities for both institutional and private investors.
Social security payments: €78.6M disbursed September 1-5
Greece’s social security system will disburse €78.6 million to over 103,000 beneficiaries in early September, covering pensions, unemployment benefits, and maternity allowances.
Takis Theodorikakos: School supplies prices remain stable – Government targets cost of living control
Greek Development Minister secures commitment from supermarkets to maintain stable school supply prices, part of broader government effort to control living costs.
Greek Superfund puts three privatizations on waiting list
Greece’s Superfund prioritizes three major privatizations including Egnatia Odos highway, Lavrio port, and Kalamata Airport by year-end 2024.
OPEKA: Friday payments for August benefits – Recipients
Greece’s OPEKA announces Friday payment schedule for August social benefits, distributing €179.9 million to 593,210 recipients including housing, disability, and child allowances.
New era for Greece’s social security: 140 digital services on mobile
Greece’s social security system undergoes massive digital transformation with 140 mobile services, revolutionizing pension and insurance management for 6.5 million citizens.
Greek retail sales plummet during summer sales as SMEs struggle
Greek retail businesses face crisis as 59% report declining summer sales, with SMEs struggling against rising costs and reduced consumer spending power.
Greek stock market closes down 1.28%, turnover at €222.21 million
Greek stock market falls 1.28% in third consecutive decline. Banking stocks lead losses while total market cap drops by €4.4 billion amid ongoing volatility.
School supplies more expensive this year – See price increase examples
School supplies cost up to 22% more this year, adding financial pressure to families preparing for the new academic year starting September 11th.
Electricity bills: Cheaper power from September due to wholesale drop
Greek electricity bills set to drop significantly in September as wholesale prices fall 27% due to strong renewable energy production and wind generation.