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Greece

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...

Why Did Winter Sales Flop this Season?

If you didn't go out and shop until you drop over the past months' winter sales, you are not alone. According to the Athens Traders Association, sales for the winter clearance were lower than expected this season. The reasoning behind...

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...

Winter Sales Turnover Expected Down by 10%

Winter sales in Greece, which begin on Monday and will last until February 28, are expected to give a boost to the hard pressed retail sector. The National Confederation of Hellenic Commerce (ESEE), estimates that turnover during this period will be...

Winter Sales Period Begins January 15 to Make Up for Holiday Losses

The winter sales period officially begins on January 15, running through the end of February, with merchants offering substantial discounts of up to 70 percent in the hope of drumming up much-desired sales to make up for some of...

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...

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...

Greek Retailers Disappointed With December Sales

December retail sales in Greece were once again disappointing, after retailers were expecting the busiest month of the year to curb the downward spiral of sales, a study shows. The market turnover in the last month of the year, which...

Sales Drop Even Further

Shop-owners have reported an increase in customer traffic until Christmas Eve, but a drop in the volume of sales especially in the major Greek cities. It has been estimated that Christmas holiday turnover will reach 6.8 billion euros, which is 800...

Increase on Heating Oil Sales

According to data, the heating oil sales have already shown an incredible increase for this year, the rate ranged from 20 to 80 percent. It seems that the Greek consumers reverted to the “traditional” way of heating after trying...

Greek Business Owners Afraid Ahead of Elections

Greek businesses have suffered for the last six years due to the financial crisis that hit the country. In 2015, the Greek economy was expected to start its recovery, however the unexpected election and the political uncertainty that surrounds...

Same Old for Greek Market, Even On Sundays

Stores in various Greek cities opened once more on Sunday, January 19, as part of a new initiative for businesses in the private sector. Although it was the first weekend of the sales period, there didn't seem to be...

Venizelos Warns PSI Holdouts: We Won't Pay

ATHENS – Greek Finance Minister Evangelos Venizelos, drawing a line in the sand, has told private investors in Greek bonds who don’t want to take losses as part of ongoing Private Sector Involvement (PSI) negotiation that they will be...

World Animal Day and the Issue of Animal Rights in Greece

October 4th marks World Animal Day, an international day of action for the rights and welfare of animals that is celebrated in Greece and all around the world. The day is also the feast day of St. Francis of Assisi,...