Tuesday Jul 29, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Consumers spend less and less

Retail sales are continuing to flag in Greece, with turnover sliding 12.3 percent in the first half of the year on an annual basis, according to figures released on Friday by the Hellenic Statistical Authority (ELSTAT).

In June the decline amounted to 10.6 percent, which is attributed to the low purchasing power of consumers and the political uncertainty owing to the twin general elections.

Notably, Greeks have even curtailed food spending, as the sales volume at grocery stores dropped by 8.2 percent in the first six months of 2012 from the same period in 2011, with supermarkets sales volume declining by 6.4 percent.

Apparel stores saw volume wear 22.9 percent thinner, while gas station sales slowed down by 15.5 percent.

ekathimerini.com , Friday August 31, 2012 (20:51)  
Bourse benchmark drops below 1,200-point level again
Greek dairy company Fage wins yogurt case in Britain
More than 120,000 households to receive special benefit
Greece names fifth privatization agency chief in four years
Thessaloniki metro workers see more delays
The aim of getting Thessalonikis much-delayed metro up and running by 2016 is not attainable, representatives of workers who are constructing its tunnels and stations said on Tuesday. Haris...
Water company eases off debtors with under 3,000 euros outstanding
The Athens Water and Sewage Company (EYDAP) has decided to stop taking legal action to collect debts from customers that owe less than 3,000 euros. The firms executive board deemed that the...
Inside News
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
Inside Sports
COMMENTARY
Through insecurity comes optimism
Prime Minister Antonis Samaras recently expressed his optimism regarding the quota of 180 Parliamentary deputies required for the election of Greeces next president, in order for the countr...
EDITORIAL
Futile policy
The policy that Israel has been pursuing vis-a-vis the Palestinians is wrong and futile. Current tactics have failed to resolve the security issue and, at the same time, they are rapidly dra...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Thessaloniki metro workers see more delays
2. Water company eases off debtors with under 3,000 euros outstanding
3. Central Macedonia police arrest Serb wanted in Croatia for war crimes
4. Thousands of TV viewers to lose analogue signal Friday
5. Hikers spot large fish kill at mouth of Spercheios River
6. Bourse benchmark drops below 1,200-point level again
more news
Today
This Week
1. Greece names fifth privatization agency chief in four years
2. Archaeological council bans international climbers' gathering at Meteora
3. Venizelos to meet Nimetz in Athens
4. Worlds largest solar boat on Greek mission
5. Tsipras discusses Cyprus with Anastasiades in Athens
6. Municipal engineer dies in Thessaloniki following workplace accident
Today
This Week
1. Climber dies in Mount Olympus fall
2. Unequal after death
3. Greek sovereign debt at 174.1 percent of GDP in first quarter
4. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
5. Quadriplegic woman on life support 'dies due to unpaid power bills'
6. Front-line threats
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.