Fee

In Parliament the amendment for POS - Activation of the monthly circulation fees from 1 May

The Greek Finance Ministry will table legislation within the next two weeks halving the fees for POS transactions, MInister Kostis Hatzidakis said on Tuesday.

The Trade Ministry has imposed hefty fines on several restaurants and cafes over adding service charges without visibly displaying them on price lists and informing customers.

Private schools in Türkiye have set jaw-dropping registration fees for the upcoming 2024-2025 academic year, rivaling prestigious institutions around the world, such as Oxford, Harvard and Yale.

Turkish restaurants are facing a growing problem of customers making reservations and then not showing up, and to combat this issue, the industry is considering implementing a prepayment system for reservations, a sector representative has announced.

In a move that will affect millions of Bulgarian mobile users, major telecom operators A1, Vivacom, and Yettel have announced significant increases in their monthly subscription fees, starting March 1st. The decision comes amid growing concerns over the rising costs of telecommunications services and the impact on consumers' wallets.

The municipality of Kyustendil published an online map, including paid parking spaces and instructions for their usage. In actuality, the implementation of the "Blue Zone" was already initiated in the past, after a decision approved by the Municipal Council in 2016 and confirmed in 2022, but it has not been activated until now. The parking fee will amount to 1 lev per hour (0.50 euros).

Greek banks are now promoting fixed monthly charges instead of ad hoc fees per transaction, under the burden of fines from the Competition Commission, the backlash from their customers and pressure from the government.

The debate between private schools and parents about increasing fees has reignited with the start of the new year.

According to the criteria that "No increase may exceed the figure obtained by dividing the sum of the previous year's PPI and CPI by two and adding five points," there will be an increase of approximately 60 percent in private school fees in the 2024-2025 academic year.

The Competition Commission late Thursday imposed fines totaling 41.7 million euros on five Greek banks, including four systemic ones, and the Hellenic Bank Association. The penalties were related to concerted practices in interbank systems, payment, and electronic transaction services.