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Greek Commercial Stores to Offer 20% Discount to Tourists from Four Countries

Greek commercial stores will offer a 20 percent discount to tourists from four countries every year. The four "honored" countries for 2016 are Israel, Russia,...

Greek Economy to Get More than 8 bln Euros in EU and Private Funds...

More than 8 billion euros will be funneled into the Greek market in 2016 through the Public Investments Program (PIP) and international organizations such...

Survey: 65% of Greeks Say ‘Yes’ to the Common Currency

The latest Eurobarometer survey revealed that 65% of Greeks wish to remain in the common currency union. The percentage has increased by six points...

Greek Stocks Plummet Over 10% on Monday

Greek stocks nosedived 10.54% on Monday, with investors spooked by the losses in global markets, the slowdown in China and growing uncertainty over Greece's...

Greek Companies Lose 85% of Their Value Since 2007

A lot has changed between 2007 and 2015. One of the major changes in the economic sector was the average price of Greek companies,...

Basic Necessities and Luxury Goods Purchases Show Increase

Greeks have already suffered through seven days of capital controls, imposed after the government's decision to call a referendum. The controls prohibit citizens from...

10 Problems Greece Faces Due to Capital Controls

Greece is living under the suffocating pace of capital controls for the last two days. The end of negotiations and the Greek referendum announcement...

How Capital Controls Affect Life in Greece

The imposition of capital controls will bring radical changes and major restrictions on trading activity. Greek banks will be closed for a week, until...

Huge Drop in Christmas Turnover?

The turnover of stores in Greece is expected to show a huge drop this holiday season, in contrast with its usual increase, due to...

International Food Franchises Failing in Greece

The Greek market is a very difficult place for international food and coffee franchises. Greeks are creatures of habit and it is not that easy...

Qataris Invest 125 Million Euros In Greece

A few months ago, Qatari investors acquired a portfolio of Greek commercial properties worth 125 million euros, including a package of five or six gigantic stores...

Sales Increase for High Fashion Designers in Greece

The most expensive brands in the Greek market, Hermès, Dior, Prada and Louis Vuitton, appear to be doing well in regards to sales and...

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