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Prices

More Than 40% of Greeks Can’t Afford to Take Vacation; Among Highest in EU

This summer has brought throngs of tourists to Greece but a new report found that more than 43 percent of all employed Greek citizens cannot afford to go on vacation. They totaled more than 1.6 million of the 38 million...

Prices of Goods Continue to Increase in Greece

Prices of everyday goods in Greece continue to increase, which has caused shoppers to cut back significantly in recent months. The cost of everything from electrical appliances, cars, milk, and soap has increased substantially in Greece, much like in most...

Price of 5-Star Hotel Rooms in Greece Skyrockets by a Whopping 110 Percent

The price of hotel rooms in Greece has risen to astronomical heights compared to 2019, according to research published this week by a tourism intelligence provider. According to a report by Mabrian Technologies, the average price of a 5-star hotel...

Top Greece Destinations Too Expensive for Locals

Due to the country's economic crisis, many vacation destinations in Greece have become exceedingly expensive, so much so that average Greeks cannot afford to travel in their own country. Much like in many parts of the world, the inflation rate...

American Tourist Charged Fortune for Crab in Mykonos Going to Court

An American tourist in Mykonos who was charged 600 euros for two drinks and a plate of crab legs is taking the restaurant to court. Brenda Moulton and her daughter Kaylea went to the DK Oyster Bear on Platis Gialos...

Food in Greece 5% More Expensive Than EU Average in 2018

According to the latest data for 2018 released recently by Eurostat, food in Greece is five percent more expensive than the average prices across the EU. In its report, Eurostat also notes that the average disposable income of Greek households...

Property Values on Many Greek Islands Soar

The prices of properties on several Greek islands have been soaring since the beginning of the year, according to data obtained by Greece's most famous real estate sales website Spitogatos.gr. Some of the most famous islands have seen their prices...

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...

American Tourist Ripped Off With Kalamari Made of Gold on Mykonos

An American tourist visiting Mykonos earlier in May took to social media to protest the high prices charged at a restaurant on this cosmopolitan Greek island. Writing on the "Trip Advisor" website, the erstwhile diner complained that the restaurant, situated...

Calls and Text Messages Between EU States to Become Considerably Cheaper as of May 15

Calls and text messages between European states are set to become considerably cheaper as of Wednesday, May 15. The decision to impose a ceiling on prices for calls between people in different EU member-states (and additionally the four EEA members,...