NEWS

UK, France cheaper to shop than Greece

Clothing and shoe prices in Greece are just under European Union (EU) averages, according to the EU’s statistical arm Eurostat, but Greeks are still paying more for these goods than in countries such as Britain and France. Eurostat data released yesterday showed that a survey of 285 clothing and footwear items in 2003 found that local prices stood at 95 percent of the EU average. Shoppers, however, in other EU states were able to buy cheaper products since the same items in Britain amounted to 90 percent of EU average and in France, 93 percent of the average. Romania had the cheapest products, followed by Bulgaria, both non-EU states. Meanwhile, credit cards seem to be increasingly favored by Greek shoppers according to Visa, which said that the number of transactions charged to cards last year soared 125.3 percent to 67.7 million.

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