Payments

Tax revenue in July exceeded the government's expectations, meaning that it will be able to achieve the primary budget surplus demanded by the European Union.

But Ministry of Finance officials were trying Thursday to dampen excessive expectations of handouts to be announced at the Thessaloniki International Fair (TIF) early next month.

The Climate Crisis and Civil Protection Ministry on Wednesday published an amended decision supporting victims of natural catastrophes that will simplify procedures for subsidies.

Eager to fight persistent inflation, which spiked in July, the government wants to impose profit restriction on more consumer goods, this time focusing on water heaters and boilers.

Three ministries are working on a regulation to prevent the imposition of exorbitant maintenance fees in residential complexes and will soon present it to the parliament, a sector representative has said.

Six programs, one of them aimed at the older jobless, offer subsidies in wages and social security contributions with the aim of creating 26,000 jobs.

The length of the subsidy varies from seven to 24 months and some offer up to 100% subsidy in both wages and contributions, although are all capped.

The universities in Eastern Europe have recently witnessed a rising demand from Turkish students seeking to receive university education abroad as these universities offer more affordable opportunities compared the ones in the U.S., the U.K. and Canada.

The National Economy and Finance Ministry's bill which includes a variety of the government's economic policy staples was tabled in Parliament on Wednesday, said Minister Kostis Hatzidakis.

Titled "Boosting the Income of Wage Earners, Youth, Family, and Labor - Pension Regulations," it "fulfills 50% of the government's economic program commitments," he noted.

Slovenian buyers can get state subsidies for new or used zero-emission cars or vans worth up to €6,500, a substantial increase from the previous level of subsidies. Buyers of cheaper vehicles stand to benefit the most.

Temporary state fuel subsidies are set to expire before the weekend in the Republic of Cyprus, after the finance minister announced an extension could not be justified.

Finance Minister Makis Keravnos emerged from a President's Cabinet meeting on Wednesday saying fuel subsidies could not be extended beyond June 30.

Many of us are desperate to travel this summer after a pandemic stifled our plans for years. But travelers — and I'm sorry to be a killjoy — should beware: Those seemingly cheap plane tickets or hotel rooms advertised online may be a trap to make you spend more than anticipated.