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Tag Archives: sales

FM Dendias raises “German WWII reparations, halt submarines sales to Turkey” to counterpart Baerbock

Greek Foreign Minister Nikos Dendias raised the issue of WWII reparations for the Nazi occupations of Greece and asked his German counterpart Annalena Baerbock to halt exports of submarines to Turkey. At a meeting of the two top diplomats in Athens on Friday morning and during joint statements, Dendias said …

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Greece to abolish mid-season sales

Mid-season sales are to be abolished, according to a draft law submitted by the Development and Investments Ministry to the Parliament. Once mid-season sales are abolished stores can offer special discounts throughout the year on more than 50 percent of the items they have on sale. The following periods are …

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Mid-season sales to begin on May 3; Sunday opening on May 8

The mid-season sales for retail shops will begin on Tuesday, May 3, and shops will have the option to open the following Sunday, on May 8. In a statement,, the president of the Athens Traders’ Association Stavros Kafounis expressed his members’ objections to the institution of mid-season sales: “Expressing the …

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Mid-season sales kick off in Greece on Nov 1

Mid-season sales in Greece kick off on Monday, November 1, and will run for two weeks, until November 15, 2021. Stores will be open also on Sunday, November 7, from 11 a.m. to 6 p.m. On Friday, there will be offers in the context of Black Friday and on Monday …

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Supermarkets in Greece allowed again to sell blankets, coats, slippers, radiators

The upcoming cold front has forced the Greek government to allow supermarkets to sell several items, before citizens freeze as the lockdown has shut down retail stores. With a special decision, the Development Ministry will allow the sale of products such as blankets, radiators, coats and slippers The new modified …

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Autumn Sales in Greece kick off with a day later due to pandemic measures

Retail stores will be closed on Sunday, November 1, due to new pandemic measures in Greece and Autumn Sales will kick off a day later,  the General Secretariat for Trade and Consumer Protection of the Ministry of Development and Investment announced on Thursday. “Due to the emergency measures taken to …

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“Greece is destination with highest sales,” says new Thomas Cook

“Greece is currently the destination with the highest sales for our company,” the head of the new Thomas Cook, Alan French, told Greek state-run news agency amna on Monday. French invited the cooperation of Greek hoteliers and tourism companies. Free from the financial burdens of the past, the company announced …

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Greece November Sales, Black Friday and Cyber Monday

November sales have been launched in Greece and will remain in effect until November 10th 2018. On Sunday, November 4, shops will be open from 11 o’ clock in the morning until 6 o’ clock in the afternoon, whereas multi stores will remain open until 8 o’ clock in the …

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Two weeks mid-season sales start Nov 1, shops open on Sunday

Mid-season sales aimed at boosting the flagging retail market will be starting in most parts of the country on Wednesday, November 1, and running for two weeks through Wednesday, November 15. According to legislation, regional authorities are allowed to determine when they want to hold the discounted shopping period, meaning …

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Traders queue for Greek bonds: €3 billion at 4.95% yield

Greece raised 3 billion euro at 4.95% yield from the 5-year bond, Greek media report on Thursday,  short after the sale was concluded. “The success is beyond expectation” media comment noting that the bids submitted by 550 traders were over 20 billion euro. The deals book closed at 11:30 a.m. …

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Greece’s retail workers threatened with 35%-55% wages cuts

That’s a bad Halloween trick for the half a million Greek retail workers. As the collective bargain expired and the Troika forbids a new collective bargain, they are threatened with wages cuts reaching from -35% up to -55%. Employers will be glad to force their employees to sign individual employment …

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Greek Statistics: Dramatic Decrease in Consumption!

This seems to be a day with lots of economy news. Bad news. Then the recession is digging deep in our lives. It’s just that the official data confirm our daily experiences. Greek Statistics  ELSTAT released data showing a decline at double-digit rates in sales and turnovers in retail trade. …

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