From Greece to Turkey for shopping

The fall of the Turkish lira caused an influx of citizens from neighboring countries – the Greeks and Bulgarians went to buy New Year’s gifts. At the end of December, the Turkish currency showed a historical minimum – one US dollar was worth 18 lira and 36 kurus. Well, how can you not take advantage […]

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 […]

The rise in prices is scary: the authorities are looking for ways to slow down inflation

Inflation appears to be of great concern to the country’s government, which is looking for a way out to mitigate the impact the price hike will have on both the economy and households ahead of the tough winter ahead. Deputy Finance Minister Theodoros Skilakakis notes that “the rise in prices for fuel and raw materials, […]

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