Price

Olive oil production is expected to surpass last year's figures, raising hopes for lower prices in stores.

George Oikonomou, the general manager of the Greek olive oil producers' union, told AMNA that production is projected to reach between 220,000 and 230,000 tons.

Three years have passed since the last setting of properties' taxable rates (known as objective values) and already in some districts of the capital, but also in areas popular with tourists, the difference with the commercial sales prices is chaotic.

Holiday homes near Athens top preference, according to Spitogatos price index – Domestic demand for homes for sale eased in Q1 2024

According to data from the Cypriot Ministry of Agriculture's e-kofini platform, retail prices of fruit and vegetables are considerably higher compared to prices set by producer organizations. In several cases, the same products are sold at retail points for more than double the price compared to what organized producers offer.

The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10.

There are significant disparities between the expectations of sellers and reality when it comes to property transactions in Attica, according to data regarding sales in 2023 compiled by the RE/MAX Hellas network of real estate offices and the Spitogatos Price Index (SPI) of the online classifieds network Spitogatos.gr.

The Trade Ministry has imposed hefty fines on several restaurants and cafes over adding service charges without visibly displaying them on price lists and informing customers.

As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency.

There was a steep increase in the purchase and sale of houses, as well as in sale prices during the first nine months of 2023 in Attica, as the "My Home" program and changes to the requirements for a Golden Visa played a catalytic role in a sharp shift in demand.

Greek consumers often pay nearly three times the price for fruits or vegetables that producers receive when the produce is harvested from the fields. However, the bulk of this price difference doesn't make its way into the pockets of the producers. In reality, producers only retain a profit equivalent to roughly 8 to 9 percent of the final consumer price.