Consumer protection: changes in legislation

State legislation will in the coming days become a new basis for consumer protection, bringing Greek law into line with European law. The new system will be another tool price containment and consumer protectionas it provides a “brake” against abusive general terms of trade, duty to disclose prices, protection against unfair commercial practices, and strengthening […]

Eurostat: what households spent the most money on during the pandemic

According to data compiled and published by the European Statistical Office Eurostat, in 2020 the category “housing, water, energy” spent more than a quarter of income, or 25.7% of EU household expenditures, which is 2.2 percentage points more than in 2019. … “Food and non-alcoholic drinks” and “Furniture and household appliances” also showed an increase […]

Rising inflation "chokes" households in Greece

In November, prices increased by 4.8% compared to the corresponding month of 2020. Energy and basic necessities prices soared. The wave of inflation is taking on nightmarish proportions: from month to month, literally everything is getting more expensive. According to data from the Greek Statistical Office for November, the consumer price index rose 4.8% compared […]

Black Friday and Cyber ​​Monday turnover to exceed € 300 million

According to preliminary estimates, the turnover during the Black Friday-Cyber ​​Monday discounts this year will exceed 300 million euros and 3 million in sales, said the president of the Piraeus Chamber of Commerce and Industry, Vasilis Korkidis. “Black Friday and Cyber ​​Monday 2021 will undoubtedly be annual market events that warrant further research. As many […]

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