DIMITRA MANIFAVA

Gov’t wants EC intervention on consumer prices

The government is requesting the four interventions by the European Commission so that multinational companies do not sell their products more expensively in Greece.

No production model change

The trade balance of agri-food products was in surplus in three of the last four years (2020, 2021 and 2023), a positive development, but not sufficient to change the sign from negative to positive in the overall trade balance.

05.05.2024 / 18:23

Food sector sees mergers, acquisitions

There has been a lot of business activity recently in the food and beverage industry, as well as in organized food retail, with the conditions appearing to be ripe for the completion of corporate mergers and acquisitions.

04.05.2024 / 19:34

Greeks’ strange online habits

Small and medium-sized Greek enterprises are among the last to use modern technologies.

01.05.2024 / 13:44

Online product price comparison tool

The electronic platform of the Ministry of Development e-katanalotis (e-katanalotis.gov.gr) is finally turning into a useful tool.

30.04.2024 / 13:21

Greek products find their way to French shelves

Greek food has been looking for a place in French supermarkets, which is expected to happen this fall.

25.04.2024 / 13:34

Coffee prices set to soar

Greeks can expect coffee to have a more bitter taste after Easter, as hikes of up to 20% are to follow the rally in global rates of the commodity over the last three to four months, resulting from a combination of factors.

19.04.2024 / 13:37

Supermarket holds onto customers through cohabitation

AB Vassilopoulos is following up its ‘cohabitation’ deal with Holland & Barrett and Pepco, with agreements with food service chains.

16.04.2024 / 23:13

Extreme weather, extreme cost

The cost Greece pays due to extreme weather phenomena is now 50 times more compared to 2013.

15.04.2024 / 14:26

Lower income means higher burden

Lower-income households carry a far heavier burden than others due to continued price hikes.

12.04.2024 / 19:30

EU investigates possible cartel practices

Greek and European authorities are investigating the possible extensive rigging of tenders in digital upgrading projects, mainly of the state, which are financed by the Recovery and Resilience Fund.

06.04.2024 / 13:23

Proliferation of e-store fraud

The big explosion of fraud cases happened at the same time as the explosion of electronic sales in 2020-2021.

05.04.2024 / 12:02

Disappointing Q1 for retail

Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.

04.04.2024 / 13:20

Good weather boosts consumer confidence

The warmer weather has brought about an improvement in consumer confidence, as it has largely mitigated the effects of high energy costs. This stems, among other things, from the economic sentiment survey for March conducted by the Institute for Economic and Industrial Research (IOBE).

04.04.2024 / 10:59

Inflation widens income gap

Economic inequalities are increasing due to the inflation crisis, which has been ongoing since the second half of 2021 and peaked in 2022 with the start of Russia’s invasion of Ukraine, according to an Alpha Bank report.