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Excise Tax on Wine Backfiring, Shifting 65% of Sales to Black Market
In efforts to raise revenues for the state, in January 2016 the government introduced an excise tax on wine. However, figures show that instead...
Large Increase of 46% Recorded in November for Property Sales in Cyprus
A large increase of 46% was recorded in property sales in Cyprus for November 2016 compared with the same period last year, according to...
Cyprus Real Estate Sales Increase 37% in October 2016 From Previous Year
Real estate sales marked a significant increase of 37% in October 2016 compared to the same month the previous year, continuing an upward trend that...
Retail Sales Hit Record Lows Across the Board
Across the board retail sales are registering new record lows in Greece according to the latest data released by the retail commerce sector.
According to the...
Greece's Retail Sales Drop 1.5% in April
Greek retail sales by volume dropped 1.5 percent in April compared to the same month in 2015, according to Greece's statistical authority, ELSTAT.
The figures released...
Property Sales Up by 25% in Cyprus
Property sales in the first five months of this year were up by a substantial 25% compared to the same period of 2015, according...
Super Market Food Sales in Greece Drop 1.9%
Super market food sales in Greece will drop by 1.9 percent in 2015, an analysis by the Research Institute of Retail Consumer Goods (IELKA)...
UK Feta Cheese Sales Go Through the Roof Amidst Greek Financial Crisis
The Greek financial crisis has caused great damage both to the country and its people, however, it has also given certain sectors the opportunity to...
Two German Publications Report on Greek Public Asset Sales
Bild and Der Spiegel, two major German publications, examined the potential sales of Greek public assets.
The Greek government agreed to establish a fund that will...
Report Predicts Increase in Sales of Private Greek Islands
Knight Frank, a real estate consultancy company, released a report on island real estate across the world, noting that Greece's financial policies could lead to increased sales of the country's islands.
"As the...


