Calamos Supports Greece

Greece

Shopping Street in Greece the 14th Most Expensive in the World

Ermou Street in Athens ranks as the fourteenth most expensive shopping street worldwide, proving that brick and mortar shops are making a post-pandemic comeback. During the COVID-19 pandemic, online shopping boomed. It generated billions of dollars in profits. Globally, these...

Greece Under Lockdown: Travel, Shopping, Work in the Covid Era

Greek authorities on Thursday detailed the restrictions of public travel to be put in place starting at 6.00 AM on Saturday and published a list of the businesses that which will be allowed to continue working during the three-week...

Malls, Shopping Centers in Greece Reopen on Monday

Malls and shopping centers across Greece will open again on Monday, after infectious disease specialists gave the "green light", at the request of the Ministry of Development and Investment. Big shopping centers were scheduled to reopen on June 1st initially,...

Greeks Turn Their Backs on Plastic Shopping Bags

The use of light plastic bags plunged an amazing 98.6 percent in Greek supermarkets in 2019 compared with 2017, the Research Institute of Retail Consumer Goods (IELKA) said in a report released on Wednesday. According to the report, Greek households...

Anarchist Rampage Hits Athens' Main Shopping Street

A group of suspected anarchists smashed the windows of at least 11 shops on Ermou Street, the main shopping district of Athens, late on Tuesday. There were no arrests and claim of responsibility for the act of mass vandalism has...

Athens: Greek-Australian Attacked by Hooded Men for Shopping on a Sunday

On Sunday new protests against shops opening on Sundays occurred in Greece's capital by unionists and employees. Following the end of one of the protests on Sunday, a Greek-Australian tourist was attacked in Athens by four hooded men for...

New Law on Sunday Shopping in Greece Comes into Effect

Economy Minister, Dimitris Papadimitriou, signed the new law that allows the voluntary operation of shops on Sundays. The new law 4427/2017 allows for retail stores in central Athens, Thessaloniki and tourist areas to be open on Sundays for six months...

European Parliament President: All EU States Must Implement Procedures to Prevent Migrants from 'Shopping for Asylum Status'

The European Parliament President, Antonio Tajani, announced to reporters that it is time the EU member states come together to implement asylum procedures aimed at stopping asylum seekers from “shopping for asylum status." Tajani made several statements to reporters on...

Luxury Shopping Mall to Open on Mykonos (video)

A luxury shopping mall is to open on famous Psarrou beach on Mykonos, catering to the rich visitors of the cosmopolitan island. The shopping center will be called Nammos Mall and is expected to change the character of the area....

Cushman & Wakefield: Athens' Ermou Street Ranked 25th Most Expensive Shopping Street in the World

According to the annual property report by Cushman & Wakefield titled, Main Streets Across The World, Athens' Ermou Street is ranked the 25th most expensive shopping street in the world. This is the international property consultant company's 28th edition for...

Colliers International Reports Attica Storefront Rentals Increase in Popular Shopping Areas

According to the latest survey by the industry-leading global real estate company Colliers International, Attica's storefronts have seen an increase in the amount of rentals this year, particularly in popular shopping areas. This latest data seems to suggest some sort...

The Rebirth of Ermou as a Central Shopping Attraction

Ermou Street, a once famous destination for locals and tourists alike is getting a facelift of sorts with new international stores moving in, as well as some Greek favorites. In January, the strip will welcome a new Goody's Burger House...

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...

More Greeks Opt for Online Shopping

Online purchases in Greece have shown significant increase in the first quarter of 2014. Three out of ten Greeks between the ages of 16 and 74 have been ordering goods or services via the internet, according to a recent survey conducted by the Hellenic...

Greek Summer Sales Shopping Activity Low

Retail sales were lower during the second week of the summer discount season compared to the first week, according to a Greek commerce confederation (ESEE) survey. ESEE said that 29 percent of merchants that participated in the survey were not...