Greek Christmas shopping

There are many ways to say "I love you" to those closest to you and as the holidays grow near, many people set out on a what seems like an impossible task: finding the perfect gift for their loved ones. If...

There are many ways to say "I love you" to those closest to you and as the holidays grow near, many people set out on a what seems like an impossible task: finding the perfect gift for their loved ones. If...

Amid the implementation of new austerity measures and a bleak economic outlook heading into the new year, Greek families will decrease this holiday season's spending the most compared to other European families, according to a survey conducted by professional services firm Deloitte, Reuters reports. The survey found that Greek...

Shop-owners have reported an increase in customer traffic until Christmas Eve, but a drop in the volume of sales especially in the major Greek cities. It has been estimated that Christmas holiday turnover will reach 6.8 billion euros, which is 800...

Greek retail sales may drop 30 percent in the 2011 Christmas shopping season as growing unemployment, tax increases and wage cuts crimp shopping budgets, a Greek business group said. Under an “optimistic scenario,” sales would drop 22 percent from a...