Greece
Diplomacy
Germany Rejects Greece's Demand for a Ban on Weapon Sales to Turkey
The German foreign minister on Monday expressed his country's opposition to Greece’s demand to impose an arms embargo on Turkey.
Speaking to the Deutsche Presse-Agentur (dpa), Heiko Maas said: “I do not find the demand of an arms embargo against...
Business
Pandemic Causes Online Sales in Greece to Soar to 15 Billion Euros in 2020
Profits from online sales are expected to triple this year, totaling 15 billion euros in 2020, the Hellenic Confederation of Commerce and Entrepreneurship said in a survey released on Monday.
The astounding figures are of course a result of the...
Greece
Piraeus Bank Raises More Than Three Million Euros From Property Sales Via E-Bidding
Piraeus Bank, Greece largest lender, announced on Friday that it has completed its eighth round of e-bidding in November, approving the sale of 30 properties, with sales totaling €3.18 million.
More than 260 individuals and legal entities expressed an interest...
Greece
United States Mulls F-35 Fighter Jet Sales to Greece
The United States is considering expanding sales of Lockheed Martin Corp-made F-35 fighter jets to Greece, according to a Reuters report which came out on Thursday.
The US is considering boosting the defenses of four European allies, including Greece, Spain, Romania...
Economy
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...
Economy
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...
Business
Greece's Car Sales on the Increase, Data Reveals
Greece’s car and motorcycle market sales saw a sharp increase after years of stagnation during the financial crisis that hit the country.
According to ELSTAT, the Greek Statistics Authority, the sales of cars and motorcycles had an increase of 15...
Business
Greek Air Travel Firm Freezes New Ticket Sales
In a dramatic development on Thursday, a Greek-owned air travel firm suspended new ticket sales and made 180 workers in Athens redundant.
Tripsta SA -- which owns Airtickers.gr and Travelplanet24 -- said "unfair" tactics by international competitors had forced the...
Greece
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...
Energy
Greece Approves Power Plant Sales Despite Angry Protests
Greek lawmakers on Wednesday approved the sale of power stations by Greece's dominant power utility Public Power Corp. (PPC) in spite of workers demonstrating by placing emptying sacks of coal outside parliament.
A majority of lawmakers voted in favor...
Greece
Greek Car Sales Up 44.3 pct in January
Greek car sales jumped 44.3 pct in January totaling 18,897 (new or used), from 13,096 cars in the same month in 2017, Hellenic Statistical Authority said on Friday.
The statistics service, in a monthly report, said that new car sales...
Business
Greek Retail Sales Drop Affecting Supermarkets in November
Compared to other retail sectors, supermarket sales in Greece have been relatively unaffected all through the financial crisis.
New data by the Greek Statistical Authority (ELSTAT) for November 2017 though, shows that even everyday item sales have dropped.
Retail sales in...
Cyprus
Greece and Cyprus Discuss Arms Sales in EU Framework
Ministers from Greece and Cyprus discussed possibilities for cooperation in the defence industry within the framework of the EU’s Permanent Structured Cooperation (PESCO), on Monday.
Cyprus Defence Minister Christoforos Fokaides met in Nicosia with Greek Alternate Defence Minister Dimitris Vitsas, who...
Business
Greek Winter Sales from January 8 to February 28
The winter sales in Greece will begin on January 8 and last until February 28, with shops staying open on January 14; the first Sunday of the sales period.
According to an announcement by the Thessaloniki Merchants' Association, the...
Business
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...