Income

Listed telecommunications provider Forthnet on Tuesday reported a 5.6 percent decline in triple-play subscribers in the first half of the year compared to the same period in 2017, and a 2.7 percent drop in the number of subscribers in Greece and Cyprus for its satellite pay-TV platform Nova.

Inspectors of the National Revenue Agency (NRA) start inspections of 290 people, who have spent more than 50,000 leva in past years but have no officially declared income.

The group was large and lively. They had booked a private table in a room reserved for elite customers. The wine flowed, the plates of mezedes went back and forth. At the request of the merry customers, the radio had been tuned to a Greek folk station. "You're the best, to your health!" they cried. By the eighth carafe of wine, the bill was requested. It had reached 500 euros.

The U.S. dollar reached a historic high of 3.4998 Turkish Liras on Dec. 1 in the afternoon, as the euro rose to 3.7162, again an all-time high.

The Borsa Istanbul also lost some 2 percent.

Public-sector employees from institutions across Romania protested on Tuesday demanding better wages ahead of parliamentary elections next month, with some unions threatening strikes in December if demands are not met.

Households saw their disposable income shrink by 5.5 billion euros last year, compared to 2014, according to data issued by the Hellenic Statistical Authority (ELSTAT), illustrating that Greek families suffered a major drop in income while the SYRIZA-Independent Greeks government was negotiating changes to the bailout program with the creditors.

The average monthly wage of employees under labour contract in July was 947 BGN, in August - 923 BGN and in September 2016 - 954 BGN, reported money.bg, citing the National Statistical Institute.

Households' disposable income fell again in the second quarter of the year compared to the same period in 2015, while consumer spending recorded a decline too. In contrast, investments posted a steady rise year-on-year, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.

According to data released by the Greek Labour Ministry, 126,956 workers are paid a gross salary of 100 Euros per month!

An independent panel of social security experts has proposed a new minimum salary of 527.40 euros for the first year at work and of 556.70 euros for the second.

This is an increase from the 511 euros that applies today for people aged up to 25 years old and represents the first time a link between the minimum wage and workers' experience has been proposed.