ECONOMY

FAGE sales drop due to crisis in Greece, increased competition in Britain

The economic crisis in Greece and the increased competition in the British market have caused a dip in the sales of Greek dairy producer FAGE in those two markets, the company announced on Monday, with its international sales taking an increasing share in total volume.

Sales abroad amounted to 72.3 percent in the first quarter of the year, against 67.3 percent a year earlier.