Author Topic: Expensive Greece  (Read 3292 times)

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Offline Maik

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Expensive Greece
« on: Monday, 31 July, 2017 @ 11:27:32 »
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Prices remain particularly high in Greece

After eight years of a financial crisis that has sent household incomes spiraling, Greece remains an expensive country.

Eurostat data show that Greek consumers pay more than all other European Union citizens for their telephony and postal services, with price levels standing almost 40 percent above the EU average rates, and even higher than the rates in Switzerland.

Greek consumers pay dearly for food too, as prices are also above the bloc’s average by about 4 percent, even though per capita gross domestic product in Greece came to just 67 percent of the average in the EU.
http://www.ekathimerini.com/220517/article/ekathimerini/business/prices-remain-particularly-high-in-greece

Offline Jolly Roger

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Re: Expensive Greece
« Reply #1 on: Tuesday, 01 August, 2017 @ 22:36:29 »
Quote
Prices remain particularly high in Greece

After eight years of a financial crisis that has sent household incomes spiraling, Greece remains an expensive country.

Eurostat data show that Greek consumers pay more than all other European Union citizens for their telephony and postal services, with price levels standing almost 40 percent above the EU average rates, and even higher than the rates in Switzerland.

Greek consumers pay dearly for food too, as prices are also above the bloc’s average by about 4 percent, even though per capita gross domestic product in Greece came to just 67 percent of the average in the EU.
http://www.ekathimerini.com/220517/article/ekathimerini/business/prices-remain-particularly-high-in-greece


I think this should read 'household incomes spiraling downwards'.