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Is Coronavirus Lockdown Changing Our Culinary Preferences For Good?

The lockdown due to the coronavirus pandemic is gradually bringing new culinary and dietary habits to the Greek society, according to market trends observed over the last few weeks. The fact that millions of us are either working from home,...

Greek Labor Market Records 19-Year Low in March Due to Coronavirus Lockdown

According to Ergane, the Information department of the Greek Ministry of Labor, the Greek labor market recorded extremely negative numbers for employment in March of 2020. According to Ergane's data, the Greek labor market recorded a total of 41,903 fewer jobs...

Greek Consumers Significantly Increase Use of E-commerce, Survey Shows

Greek consumers have significantly increased their use of e-commerce due to the coronavirus pandemic, an online survey conducted by the Research Institute of Retail Consumer Goods and ELTRUN, the e-commerce laboratory of the Athens University of Economics and Business,...

EU Adds Naxos Island's ''Arseniko'' Cheese to Protected Geographical Indication List

The European Commission announced on Monday that yet another iconic, traditional Greek product will be added to its coveted list of ''Protected Geographical Indication'' (PGI) foods. Arseniko cheese, made for millennia on the island of Naxos, will soon be added...

Greece Wins Legal Battle Against Popular Japanese Yogurt Claiming to Be ”Greek”

Greece won a battle in Japan recently against a large company that produces yogurt under the name ''The Greek Yogurt.'' Greece, in order to avoid negative developments, turned to Japan's Patent Office, which ruled that the legal use of the...

Data Reveals Greek Olive Oil Losing Market Share in Canada

Greek olive oil has been gradually, but steadily, losing its market share in Canada, a report published by the Bureau of Economic and Commercial Affairs of the Greek Consulate of Toronto revealed recently. Between 2013 and 2016, Greek olive oil came...

Eurostat Reports Greek Cheese, Eggs and Milk Second Most Expensive in the EU

Eurostat released on Thursday its final ''Consumer Price Levels'' report for the year 2018, showing that Greeks paid on average considerably more money to buy everyday essentials compared to most other Europeans. The report said that if the average price...

How the British TV Series ''The Durrells'' Spiked Real-Estate Prices on Corfu

A new article in UK's Financial Times newspaper last Friday described how the famous British TV series ''The Durrells'' has made Corfu an even more popular holiday destination, impacting its real-estate market over the last few years. "The Durrells", which...

Electronics Sales Booming in Greece

The sales of technological consumer products in Greece grew by 5.6 percent in the nine months between January and September 2018, totaling €1.5 billion ($1.7 billion), a survey  revealed on Monday. The survey, taken by the GfK TEMAX company, showed that sales of technological...

Greek 10-Year Bond Yield Falls Below 5 pct for First Time Since 2009

The new 10-year benchmark Greek bond yield fell below the 5.0 pct level on its debut in the market, for the first time since October 8, 2009, to pre-memorandum levels in the domestic electronic secondary bond market on Tuesday. The...