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Lidl Under Fire for Suing Elderly Woman Stealing Food to Survive in Greece

Supermarket chain Lidl came under fire in Greece after a 70-year-old woman tried to steal some food worth 30 to 40 euros on Saturday -- because she was hungry. The German chain that has been operating in Greece for...

Man Shoots Two Women Outside a Supermarket in Kifissia, Attica

A family tragedy took place outside a supermarket in Kifissia, Athens on Wednesday evening. According to what Greece's Kathimerini daily is reporting, a 35-year old police officer, who is now under arrest, shot his ex-wife outside of a supermarket in...

Greeks Consume 40% Less than Euro Zone Average

Consumer spending in Greece has declined by 36 billion euros in seven years, with  the annual nominal consumer spending per capita in Greece being 12,940 euros, compared to the 21,413 euros of the euro zone average, according to Eurostat. Private...

Greeks Go to Supermarket with a List Now, Hunt for Bargains on the Internet

The economic crisis has led many Greeks to go to the supermarket with a shopping list, and hunt on the internet for special offers, new research shows. Known as spendthrift people, Greeks rarely went to the supermarket carrying a list...

Sklavenitis and Banks Bail Out Marinopoulos Supermarket Chain

Sklavenitis, a major Greek supermarket chain, has stepped in to throw a lifesaver to Marinopoulos after it filed for bankruptcy in June. Alpha Bank and Eurobank approved the rescue plan that hopes to keep 12,500 employees on the Marinopoulos...

Marinopoulos Granted Temporary Protection From Creditors

Greek supermarket chain Marinopoulos won temporary protection after applying for bankruptcy. The court decided to protect the privately-owned group from creditor foreclosures until September 21 when its petition for a resolution process is judged. Marinopoulos' management views the decision as...