Prices
Greece
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...
Europe
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,...
Economy
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...
Greece
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...
Economy
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,...
Business
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)...
Economy
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...
Economy
Consumer Goods and Services More Expensive in Greece
According to a survey conducted by the European Statistical Authority, Eurostat, consumer goods and services price levels in Greece are more expensive than the EU28 average.
Prices in Greece correspond to the 102 percent of the European average level. Norway and Denmark are on...