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Funeral Services Join Black Friday Hype in Greece

The business world's "Black Friday" hype has now begun to engulf consumers in Greece, who are eager to take advantage of the special sales offered annually by retailers. The Black Friday phenomenon began in the United States, as the day...

Elon Musk Sells 7 Billion Worth of Tesla Shares

  CEO of Tesla, Elon Musk just sold 7.9 million shares of the company, bringing in $6.9 billion. The Securities and Exchange Commission received several documents late on Tuesday night detailing the sales from Friday through Tuesday. They represent Musk's first...

New i-Phone 11 Sold Out in Greece on First Day of Release

The new i-phone 11 is already sold out in Greece, after the very first day of its release to the Greek market, data revealed. According to reports, the entire stock of i-phone 11, i-phone 11 Pro and i-phone 11 Pro...

Sales Begin Amid Hopes for Higher Consumer Spending

The annual winter sales period for shops across Greece is expected to start this year on Monday, January 14, 2019. The special sales will run until Thursday, February 28, 2019, according to an official announcement issued on Monday by the Athens...

Electronics Sales Booming in Greece

The sales of technological consumer products in Greece grew by 5.6 percent in the nine months between January and September 2018, totaling €1.5 billion ($1.7 billion), a survey  revealed on Monday. The survey, taken by the GfK TEMAX company, showed that sales of technological...

Greek Newspapers' Sales on a Freefall

Greek newspapers' sales fell 19.6 percent to 57,614,541 in 2017, from 71,641,595 in 2016, after suffering a 15.9 percent decline in the previous year, Hellenic Statistical Authority said on Friday. The statistics service, in a report, said that religious newspapers...

Trade Board: Moderate 2-2.5% Rise in Christmas Sales

Sales rose by 2.0-2.5% over Christmas, not in the double digits, president of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) Vassilis Korkidis wrote in a tweet he posted. "Anyone who thinks Christmas turnover came to a utopian 20-25% is...

Black Friday in Greece: Don't Believe the Hype

Black Friday fever has taken hold of many Greek consumers this week, but even a knee jerk research in sales presented as "Black Friday offers" negates the hype. Black Friday was widely introduced to Greek consumers in 2015 with mostly...

Winter Sales Start on January 9 in Athens and Thessaloniki

Winter sales will kick off in Athens and Thessaloniki on Monday, January 9, the two cities' Chambers of Commerce said on Tuesday, adding that shop owners may also choose to open on the following Sunday, January 15. For stores that will...

Large Increase of 46% Recorded in November for Property Sales in Cyprus

A large increase of 46% was recorded in property sales in Cyprus for November 2016 compared with the same period last year, according to the latest official figures published by the Department of Lands and Surveys. Property sales recorded during...