Greece
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Prices

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,...

Latest Data Reveal Greek Inflation on the Rise

ELSTAT, Greece's official statistics authority, released its latest data on the country's annual EU-harmonized inflation on Friday, which showed a slight increase in prices overall. From one percent inflation seen in March of 2019, the figure increased to 1.1 percent...

High Rents Force Mykonos' Businesses to Shut Down (video)

The high prices owners demand from businessmen to pay for rent at Mykonos' highstreet of Matogianni, has led many businesses to shut down. Residents of the popular Greek island say that some owners ask for outrageously high prices, which include, apart...

Athens Rents Up by 17% Over Last Year

Rents for properties in central Athens increased significantly over the last year, mainly due to the demand for short-term occupancy by platforms like Airbnb, according to the Greek renting site Spitogatos. Central neighborhoods in the Greek capital such as Mets, Exarcheia,...

Athens' Main Street Ermou Among The World's Most Expensive

Athens' Ermou, the city's main retail street, is the 15th most expensive retail street in the world according to Cushman & Wakefield's annual ''Main Streets Across The World Report''. The average annual rent along Ermou Street rose to €3,000 ($3,750)...

Greece's Mykonos Has The Most Expensive 5-Star Hotels, Data Reveal

Mykonos was always considered as one of the most expensive tourist destinations in Greece. Recent figures come to prove that this general belief is true. More specifically, 5-Star Hotels in the island of Mykonos are the most expensive compared to...