Today, April 1, marks a day of changes in Greece, including: travelers on Egnatia Motorway will pay higher tolls, businesses that still have not installed POS machines will be fined, a new higher minimum wage starts, and Greece transitions into its summer “quiet hours” schedule.
Egnatia Motorway
The main motorway that runs 670 km from Greece’s western port of Igoumenitsa to the eastern Greek-Turkish border at Kipoi will hike rates 33%, as previously agreed upon between the Greek government and the concessionaire.
Specifically, users will pay €0.04 instead of €0.03 per kilometer. The Greek government is expected to receive around €1.5 billion in revenues from the concession contract.
POS Machines and Fines
Starting from today, freelances and businesses that have not installed POS machines and connected them directly to cash registers will be subject to a hefty fine from the Greek government.
The measures were announced months ago and businesses were even given a brief extension to implement the rules, on account of delays from banks in providing the POS machines and from software support companies that needed to upgrade cash registers.
Violators will be hit with a €1,500 fine, but there are a series of exceptions that businesses may rely on to aid in reducing the fine, as outlined by the government, including providing evidence that they have applied for a POS device but are still waiting for its installation.
Minimum Wage
The Greek government announced that its fourth increase to minimum wage since 2019 will kick-in today, raising the figure 6.4% to €830 gross.
Since 2019 the government has upped minimum wage by 27%, at which point it stood at just €650.
Quiet Hours
Following the start of daylight savings in Greece yesterday, the country will move its “quiet hours” to 15:00-17:30 and 22:00-07:30, as it does each year.
The rules state that work which creates noise is forbidden, unless given permission by the police department. Loud music, shouting, disruptive parties, musical instruments, the testing of emergency systems and other similar activities are forbidden.
Source: tovima.com
Latest News
Yannis Vardinoyannis Assumes Post of Motor Oil Board President
He succeeds his father, Vardis, who passed away last week at the age of 91
PM Mitsotakis to Bloomberg: Our Majority Is Stable, Elections To Be Held in 2027
"The government has a solid 2.5-year mandate from the people to implement its policies," Mitsotakis stated
Greek Economy Shows Resilience, Consumer Confidence Remains a Challenge
Therefore, there is need for policy interventions in order to boost demand, stabilize the labor market and support industrial production
Ex-PM Samaras expelled from Ruling ND Party
Government spokesman makes the announcement hours after a portion of Samaras' interview with 'To Vima' were released; former PM called for firing of foreign minister
Samaras to ‘Vima’: Support for Karamanlis as Next President
In the Vima article, Ex-premier and ND leader Antonis Samaras also calls for the resignation of FM Gerapetritis, saying he's shown appeasement vis-a-vis Turkish provocations
Year-Long Restriction on Extra Airbnb-type Properties as of Jan 1
As of Jan. 1, 2025, the state will allow the short-term rental availability of only 3 properties in specific Athens districts - a measure that expires at the end of the year
Turkish FM Fidan Returns to ‘Revisionist Mode’ in TV Appearance
Minister Hakan Fidan cites 'more than one problem' in the Aegean needing resolution; quip aimed at domestic audience comes amid significantly improved relations
Civil Defense Warning For Inclement Weather in Central Greece
Notification issued to residents in the central Greece province of Thessaly, the south-central prefecture of Fthiotida, the large island of Evia and the Sporades Island chain
European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024
By 2026, the reduction in public debt is expected to bring it close to 140% of GDP.
Greek State Budget Primary Surplus at €13.489bln Jan.-Oct. 2024
A significant part of this surplus is attributed to the receipt of €3.2 billion in October from the new concession agreement for the Attiki Odos