Calamos Supports Greece

consumer spending

Consumer Spending Drops Further in Greece

Consumer spending in Greece dropped further in 2015 as a result of continuing recession, according to the Hellenic Statistical Authority (ELSTAT). Household spending declined further as average monthly expenditures in 2015 amounted to 1,419.57 euros, dropping 2.8% (or 40.95 euros)...

Greek Supermarkets Slashing Prices to Meet Consumer Needs

The Greek economy is in turmoil at the current time and this is impacting heavily on consumer spending.  Sales in health and wellness food and beverages have subsequently dropped as consumers tighten their belts. Greek consumers are increasingly searching for...