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Greek Fruit Exports Boom as Consumers Worldwide Turn to Healthier Products

The coronavirus pandemic and the unprecedented havoc it has caused across the entire world has dealt an enormous and unprecedented blow to nations' economies. However, one agricultural sector seems not only to be emerging from the crisis without a scratch...

Greek Consumers Significantly Increase Use of E-commerce, Survey Shows

Greek consumers have significantly increased their use of e-commerce due to the coronavirus pandemic, an online survey conducted by the Research Institute of Retail Consumer Goods and ELTRUN, the e-commerce laboratory of the Athens University of Economics and Business,...

Consumers issue SOS for Greek feta cheese

Professors, journalists and consumers have banded together to found a ‘Friends of Feta Club’ to promote the Greek cheese's EU status as protected designation of origin (PDO). Feta has been designated a PDO by the European Union, after several legal challenges by...

Black Friday in Greece Attracted more Consumers Although Spending was Low

Greek consumers participated more in this year's Black Friday sales than last year, but spent small sums in retail products; a survey by the Marketing Laboratory (MarLab) of the University of Macedonia showed on Sunday. The survey; which aimed at...

Financial Crisis in Greece Continues to Drive Consumers to Illegal Tobacco Products

With a steady increase of taxes on cigarettes, the state has fallen short of cashing in as the market share of illegal tobacco products has doubled over the past six years going from 10.1 percent in 2011 to 20...

Eurostat: Retail Food Prices in Greece More Likely to Rise Than Fall for Consumers

In Greece, food prices are generally more likely to rise than fall for consumers since retail prices are determined in accordance to the rate in which industry prices increase, with the difference being offset by the consumers paying more...

New Bill on 'Plastic Money' Allows Consumers to Build-up Tax-free Allowance

The draft bill tabled in Parliament last week will usher in a new way for tax-payers to "build up" their tax-free allowance as of January 1, 2017, exclusively through the use of debit and credit cards. Only transactions and...

Increasing Cigarette Tax Driving Consumers to Illegal Tobacco Market

According to sources, the Greek state has missed out on an opportunity to reap around 800 million euros in tax revenues due to tax hikes on cigarettes in 2016, as consumers turn to illegal tobacco markets. The data shows that...

Alibaba Managing Director Says Chinese Consumers Interested in Greek Tourism, Wine and Olive Oil

Greek tourism, wine and olive oil could have a significant presence in the electronic platform of Alibaba Group, Rodrigo Cipriani Foresio, managing director of Alibaba for Italy, Spain, Portugal and Greece said on Wednesday. Addressing an event organized by the Athens...

Times Are Changing… More Greek Consumers Go Digital When Shopping

A study by PayPal and GfK showed that cross-border trading was embraced by Greeks with 95 percent making online purchases from stores located abroad. The data showed that 54 percent of Greek buyers prefer online stores in the UK, followed...

Greeks Are Europe's Eighth Highest Wine Consumers

Greece’s love for wine is a well known fact. However, a recent map puts this affection into a relative perspective. According to a statistical map that compares annual per capita wine consumption in Europe, Greeks are the eighth highest wine consumers...

'Christmas Table' Cheaper, But Political Climate Weighs on Consumers

The so-called Greek Christmas table will be cheaper this year compared to 2013, but despite the Christmas mood in the market, consumers are negatively affected by the uncertainty caused by the current political climate, Hellenic Confederation of Professionals, Craftsmen...

Greeks World's Most Pessimistic Consumers

Fretting over unrelenting pay cuts, tax hikes and slashed pensions that have worsened the country's six-year recession and created a record 26.8 percent unemployment rate, Greeks have slowed spending to a standstill are are the most despairing consumers on...

Greek Consumers Among Most Pessimistic, Nielsen Report Reveals

Greece remained among the top five most pessimistic countries in the world, with consumer confidence remaining below the 60-point level for the last two years, Nielsen revealed in its latest report on consumer confidence. The consumer confidence index rose slightly...

Crisis Drastically Changes Consumers' Habits

"Greek consumers have made a turn towards their homes, family and friends, boosting household consumption, searching for better prices and products. In this environment, the current economic crisis offers opportunities to those enterprises that will react by strengthening their...