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Athens News Agency: News in English, 12-01-08
CONTENTS
[01] Winter sales period begins January 15
[01] Winter sales period begins January 15
AMNA-The winter sales period officially begins on January 15, running
through the end of February, with merchants offering substantial discounts
of up to 70 percent in the hope of drumming up much-desired sales in
order to make up for some of the immense losses suffered throughout the
year due to the crisis and deep recession in the country.
After a slow holiday season, shopowners are already offering pre-sale
reductions of up to 70 percent, which will continue through the official
sales period.
The Greek market has been in an immense slump over the last two years,
since the onset of the economic crisis and as a result of deep recession
and heavy austerity.
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