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Teams of Greece’s competition authority conducted unannounced inspections in the offices of a large number of IT and related service providers, including the country’s three telecommunications service providers, on Wednesday, as part of an investigation into possible bid rigging. 


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27.03.2024 / 10:33

Despite the increase in the minimum wage in 2023, Greece’s gross domestic product (GDP) per capita expressed in purchasing power standards is 67% of the European average, according to Eurostat. 






03.03.2024 / 13:46

Since Friday, infant formula has been between 5% and 16% cheaper than it was up until Thursday, while a series of other commodities also saw their retail prices drop as a result of the ceiling imposed on gross profit margins by the Development Ministry.




28.02.2024 / 14:47

This year may be the sixth since Greece’s emergence from the bailout mechanism, but the return of incomes to pre-2010 levels is far from being a reality.


26.02.2024 / 21:10

The distribution of family budgets has been forced to revert to how it was some 30 years ago, due to inflation on the one hand and the internal devaluation of the previous decade on the other, excessively raising the percentage of food and housing expenses in total household spending.


23.02.2024 / 18:12

In January Greece had the highest food inflation, not only among the member-states of the eurozone, but also among the 27 member-states of the European Union.


21.02.2024 / 12:19

Greece’s agricultural population is aging. The country’s farmers have a low level of training and are largely stuck in the practices and reasonings of the past, characteristics that, in combination with others, affect the productivity and competitiveness of Greece’s domestic primary production sector.


20.02.2024 / 11:39

Large supermarket companies are now fighting the battle for greater market shares in hypermarkets, as contrary to forecasts that this category would suffer due to inflationary pressures, it is growing at a much higher rate than the overall growth in the sector.