Business economics

Homegrown online shops are gaining ground in Greece, as 85 percent of consumers in the country use them for the vast majority of their online purchases, according to a survey by the E-Business Research Center of the Athens University for Economics and Business (ELTRUN) and the Association of Business and Retail Sales in Greece (SELPE).

There is not better time to think about the upcoming trends and how we can use them to make the campaigns that not only effectively target customers, but also stand out and make the difference.

The mid-season autumn sales begun on Thursday and will end on November 10, according to the country's retail associations.

Shops may also optionally open on Sunday, November 4, from 11 a.m. to 6 p.m.

During the sales, shops must display both the new price and the old price of items, as well as advertising and displaying the percentage discount given on items. 

Since the beginning of the year, petrol prices have gone up by almost 18% and diesel by almost 20%, according to a reference in the Fuello site, which keeps track of fuel prices on a daily basis. According to experts from the Bulgarian Petroleum and Gas Association, the increase in price is normal and no other price rise is expected.

The price of electricity will remain unchanged until the end of 2018, said Energy and Water Regulatory Commission (EWRC) Chair Ivan Ivanov during a public discussion on a draft decision on power prices after a change in gas prices as of October, Focus News Agency reports.

Sofia. The authorities are negotiating with major retailers in Bulgaria with a request to sell bread without profits for themselves, Minister of Agriculture Rumen Porodzanov told Nova TV, commenting on recent price increases in several cities. The main reasons are higher wheat prices and increased minimum wages, bread makers have said.

Professionals and low-to-medium-voltage industries are the first categories of electricity consumers to be hit with power rate hikes due to the increase in carbon emission rights prices.

Ryanair reached an agreement with the trade union representing its Irish pilots on Aug. 23, a breakthrough that sent its shares sharply higher as the budget airline strives to quell staff protests around Europe.

Shopping malls retain the title of the most resilient commercial property category due to high demand and their impressive performance, a trend that continued last year as well as in the first months of 2018, according to a report by Arbitrage Real Estate.

The Greek government is expected to decide whether to impose a price cap on fuel prices on the islands at the start of next week.