Prices re­main par­tic­u­larly high in Greece

Kathimerini English - - Focus - DIMITRA MANIFAVA

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.

Other coun­tries in the Euro­pean south, such as Spain and Por­tu­gal, boast food prices that are be­low those of Greece or of the EU mean rate.

In Greece prices are also con­sid­er­ably higher than in other EU states for the pur­chase of al­co­holic bev­er­ages and to­bacco prod­ucts. Pas­sen­ger trans­port rates are also higher than in coun­tries such as Italy and Spain, and even Lux­em­bourg.

Fur­ni­ture is also more ex­pen­sive in Greece than in other far richer coun­tries of the bloc such as Ger­many and France.

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