Pricing

The Thessaloniki-based National Theater of Northern Greece is celebrating an important milestone after hitting the 1-million seat mark in special group bookings.

These groups include a diverse range of theatergoers, from ex-convicts in social reintegration programs and patients at psychiatric facilities, to pensioners from community centers and school pupils for far-flung islands. 

Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria. According to data from the "Fuelo" platform, gasoline prices rose by 3 cents per liter (1.14 percent), while diesel saw a slightly larger increase of 6 cents per liter (2.21 percent).

There was a steep increase in the purchase and sale of houses, as well as in sale prices during the first nine months of 2023 in Attica, as the "My Home" program and changes to the requirements for a Golden Visa played a catalytic role in a sharp shift in demand.

Electricity bills will be even lower in March, as the continued de-escalation of gas rates drags down the price of electricity in the wholesale market.

For March, the charge per kilowatt-hour on the green tariffs is estimated to move to 10 to 11 cents, while for the yellow-marked tariffs the charge will drop to pre-energy crisis levels, with the price per kWh even below 8 cents.

Speaking on the government's decision to reduce inflated prices on certain supermarket goods on Friday, Development Minister Kostas Skrekas said that the measure will be permanent and that it tackles a decades-long malaise.

Price reductions in supermarket items will be visible to consumers as of early March, due to the implementation of measures by the Development Ministry, while as market executives commented to the Athens-Macedonian News Agency, it is considered certain that the goal of reducing food inflation will be achieved.

More than 250 million euros from the European Regional Development Fund (ERDF) will finance the first stage of high-voltage electricity infrastructure between the island of Crete and the Attica region, the European Commission announced on Thursday. 

Greek consumers often pay nearly three times the price for fruits or vegetables that producers receive when the produce is harvested from the fields. However, the bulk of this price difference doesn't make its way into the pockets of the producers. In reality, producers only retain a profit equivalent to roughly 8 to 9 percent of the final consumer price.

Revenue from visits to the Acropolis went up by €14 million from the previous year's €46 million, the culture minister said on Monday.

Speaking to lawmakers in Parliament, Lina Mendoni said that "upgrades of all services," such as a new electronic ticket system, have driven a "constant increase" in the iconic historical site's revenues.

Antalya, Türkiye's famous holiday destination, led the increase in hotel prices last year, according to the data from the Hotel Association of Türkiye (TÜROB).

The average daily rate (ADR) was 172.1 euros in 2023 at Antalya's hotels, up 19.35 percent from the previous year. Revenue per available room (RevPAR) rose 8 percent to 96.8 euros.