January 12, 2023
FEATURED, Society, Very Mix
Greece’s Development and Investment Ministry launched the digital platform kataggelies.mindev.gov.gr, where consumers can submit complaints, in order to more effectively control phenomena such as overcharging, fake discounts and other violations at the expense of consumers in the market. Complaints from consumers can be made on that platform concerning infringements within …
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September 19, 2022
Economy, FEATURED
I have been literally frustrated by shrinkflation, spending more and more money to buy less product. And I was shocked over the weekend when I realized I spent a whole of 130 euros for supermarket purchases. It was supposed to be shopping to cover weekly needs. I did online shopping …
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May 25, 2022
Economy, FEATURED
An amendment legislating for an emergency subsidy pr rebate of up to 600 euros for energy consumers and an emergency levy on electricity producers was tabled in Parliament late on Tuesday. The measures are part of a support package to offset soaring electricity prices recently announced by the government. The …
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December 15, 2021
Economy, FEATURED
Six in ten Greeks say that they will spend much less on Christmas shopping than they did last year. Reason are the price hikes and the higher energy cost as well as the insecurity with regards to the pandemic. The changes in the buying habits of consumers in the last …
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January 13, 2021
Economy
A survey conducted among Greeks showed that the consumer sentiment remained negative in the last six months, with low expectations for the next six-month period. A 70% of consumers spend more than 80% of their available income on a monthly basis, while a 9% spend more than 100 % – …
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December 17, 2020
Economy, FEATURED
Courier delays give citizens the right to receive compensation, the General Secretary of the Center for Consumer Protection (KEPKA), Evangelia Kekeleki said on Wednesday. The issue arose after courier deliveries are being conducted with very long delays following the second lockdown in Greece since November 7 and the Christmas season. …
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February 18, 2020
Greece
The Greek Public Power Company (PPC/DEH) has reportedly asked consumers to conduct measurements on their home electricity consumption and declare it to the company officers. Consumers have denounced this to media. According to news website in.gr, PPC subscribers who have not received their bills for several months have turned to …
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November 29, 2017
Economy
The first ever lottery for purchases via credit and debit cards will take place on Thursday, November 30th 2017. To start with, the Greek Finance Ministry will use the data for purchases made in October. The Ministry reportedly plans one more lottery draw action in December for transactions via plastic …
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September 8, 2017
Economy
Greece plans to make country of origin labelling on milk mandatory from 2018, joining the growing trend of more precise food labelling in EU countries, which has angered the food industry. Agriculture Minister Evangelos Apostolou said on Thursday (7 September) parliament would vote on a bill regulating the milk labelling …
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April 26, 2017
Social, Society
As if we did not have enough financial burdens, Greek Public Power Company increases charges on electricity bills and demands the payment of additional 735 million euros by millions of electricity consumers. “It is a small, temporary contribution,” Greek PPC said in a statement responding to the outcry. Greeks know …
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October 21, 2016
Economy
The sharing economy benefits its creators, but this may be at the expense of those who do the work or provide the service — as well as the broader economy. The real reasons for the sharing economy are simple. The existing industries targeted by these platforms are frequently inefficient. Over …
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August 12, 2015
Economy
Hurrah! The milk and bread market in Greece is to be liberated! The much anticipated liberation has been pushed forward by the Troika lenders since the first bailout agreement in 2010. The OECD had provided its famous Competition Assessment Tollkit for this. But although the previous Greek governments had passed …
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February 25, 2014
Economy
Greece’s state-run natural gas distributor DEPA and Russian energy giant Gazprom reached an agreement on gas supply with price cuts backdated to last June. The deal announced by Greek Environment Ministry on Tuesday will have immediate impact to private consumers and industry. Greece’s state-run natural gas distributor DEPA said that …
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December 10, 2013
Society
I was a lot around lately. I spoke with lots of people: relatives, friends, and friends of friends. We had a chat mostly over a cup of coffee. Maybe with a doughnut or a cup cake. We didn’t meet over lunch or dinner. Because we are all aware of the …
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February 5, 2013
Very Mix
Irelands’ “number one” burger producer suspended production after after tests showed that horsemeat was found in firm’s raw material ingredients. Ireland’s agriculture department confirmed the findings pointing the finger at Poland as the country of origin for the raw materials. Irish beefburger producer Rangeland Foods has customers in the UK, Greece, Belgium, Sweden, …
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January 14, 2013
Economy
The usual confusion as … usual! While the Finance Ministry allows consumers to go without paying if the merchant does not issue a receipt, the Trade Association threatens to raise charges on ‘theft’ for those consumers who follow the ministry’s orders. Greek finance ministry put into effect on 12. January 2013 …
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August 13, 2012
Economy
Greece’s economy is as bad as experienced by millions of Greeks. According to data released by Greek Statistics Authority (ELSTAT) recession reached 6,2% in the second quarter of 2012. The news seems to confirm EU and IMF estimations that it would reach 7% in 2012. “Greece΄s economy contracted 6.2 percent …
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January 31, 2012
Society
Greek consumers have made a turn towards their homes, family and friends, boosting household consumption, searching for better prices and products. In this environment, the current economic crisis offers opportunities to those enterprises that will react by timely strengthening their position in the market,” a report by Boston Consulting Group …
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July 19, 2011
Economy
Despite the generous offers reaching up to 70%, the first results for the Summer Sales are disappointed. Consumers’ favorite seem to be rather the window shopping than the real deals. According to estimations of the Greek Association of Retail Sales, chain stores are in turnover decline of 10%-15%, while small stores …
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