Rising Meat Prices in Greece Force Consumers to Cut Purchases
A recent survey by the Consumer Agency has revealed that rising meat prices in Greece are forcing residents to limit their purchases to just twice a month
General Strike Paralyzes Greece
- Tweet
Send to Kindle
Protestors hold banners and shout slogans during a demonstration in central Athens. Greece’s largest private and public sector unions organised a general strike on 4 February 2016 to protest against the planned pension reforms. Photo EPA/BGNES
A massive general strike against unpopular pension reforms hit Greece on Thursday.
The nationwide stoppage - the third in as many months - shut down schools, courts and pharmacies, halted public transport, flights, trains and ferries. Hospitals operated only with emergency staff and petrol stations remained closed.
Farmers and pensioners, workers and lawyers took to the streets in Athens to demand an end to austerity measures introduced by the leftist-led government of Prime Minister Alexis Tsipras as part of Greece’s third international bailout arrangement with international creditors.
The 24-hour labour action, organized by Greece’s main labour unions, is directed particularly against government plans to slash the maximum monthly pension by EUR 400 to EUR 2,300 and introduce a new minimum guaranteed basic pension of EUR 384.
Greece needs to save EUR 1.8 B equivalent of 1% its GDP through pension reforms. It also needs to raise about EUR 350 M from tax hikes to achieve a primary surplus of 0.5% of GDP.
Heavily-indebted Greece signed a EUR 86 B bailout deal with international lenders last year.
Related Articles:
Bulgaria Surpasses Greece and Romania, Tops the Balkans in Purchasing Power
Bulgaria has overtaken both Greece and Romania in terms of purchasing power
Business | November 11, 2025, Tuesday // 16:19
Mild Earthquake in Greece Felt Across Southern Bulgaria
An earthquake with a magnitude between 4.7 and 4.8 on the Richter scale was recorded on Monday morning in northeastern Greece and was also felt in parts of Bulgaria
Greece to Launch Voluntary Military Service for Women in 2026
Greece will begin voluntary military service for women in 2026
Greece Tightens Rent Rules: Bank Transfers Mandatory from 2026
Starting January 1, 2026, all rent payments in Greece will be required to be made via bank transfer
Bulgarians Keep Buying Property in Northern Greece Despite Rising Prices
Bulgarians remain active buyers in Northern Greece, according to local real estate agents
Romania Faces Soaring Inflation as Families Struggle with Rising Living Costs
Romania continues to grapple with sharply rising prices, with inflation reaching 9.8 percent in October
Rising Meat Prices in Greece Force Consumers to Cut Purchases
A recent survey by the Consumer Agency has revealed that rising meat prices in Greece are forcing residents to limit their purchases to just twice a month
Romania Prepares to Take Over Lukoil Assets Ahead of U.S. Sanctions
Romania is moving to assume control of Lukoil’s local operations to safeguard its national energy system and comply with upcoming U.S. sanctions
Bucharest Warns U.S. Troop Pullout Could Undermine NATO’s Eastern Flank
Romania has urged the United States to reconsider its plan to withdraw hundreds of troops stationed in the country, warning that such a move could undermine NATO’s unity and play into Russia’s hands
Analyst Warns EU May Urge Bulgaria to Halt Gas Supplies to Serbia Amid Energy Tensions
Analyst Vladimir Vladimirov warned that the European Commission could ask Bulgaria to halt gas supplies to Serbia as early as next year
Bulgaria and North Macedonia to Build Cross-Border Railway Tunnel Linking the Two Nations
Bulgaria and the Republic of North Macedonia are set to take a significant step toward enhancing their regional connectivity
