x

Society

Crisis Hasn’t Kept Greeks from Beloved Coffee, Industry Soaring

June 25, 2018

ATHENS – Not even eight years of crushing austerity and an economic crisis that has seen poverty, suicide and unemployment rates spike has separated Greeks from their ancient tradition of a coffee drinking ritual.

The coffee industry is growing fast in Greece, the International Coffee Organization (ICO) said with its data revealing Greeks ranked 17th in the world for consumption per capita.

“Within the last five years more than 50 new coffee chains have entered the Greek market, even though not all of them managed to survive,” the Greek Specialty Coffee Association (SCAE Greece) told the Chinese news agency Xinhua.

From the dark, thick traditional Greek coffee, to the gritty cold Frappe or filtered coffee, Greeks just love the stuff in almost any form and is considered to be a little luxury that’s affordable even in the worst of times.

The industry revenues so far this year have already hit 966 million euros ($1.126 billion) and the sector is expected to grow annually by 2.6 percent through 2021, the figures showed bolstered by stores specializing in takeaway drinks and a proliferation of new chains mostly doing well and Greeks even taking to Italian style espresso and cappuccino drinks.

There is a rapidly growing number of specialized importers and roasters of fine beans with Greece importing from South American countries including Brazil and Colombia, as well as African countries like Kenya and Ethiopia, the report said.

“Numbers show that people are getting more and more aware of what they drink and look for, they can define the taste characteristics that suit them, and they consider coffee consuming as an experience and not only an everyday essential,” SCAE Greece told Xinhua.

RELATED

Cretans are known for loving their guns but the island has the dubious record of having the highest rates of suicide in Greece over the last 25 years, averaging 2.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

BAYSIDE, NY – Daughters of Penelope (DOP) Ilion Chapter 135 continues to keep the light shining bright within.

NEW YORK – Mike Labatos, AHEPA District 6 Lt.

Cretans are known for loving their guns but the island has the dubious record of having the highest rates of suicide in Greece over the last 25 years, averaging 2.

ATHENS - Forgetting the 2010-18 economic and austerity crisis that saw people so desperate they were picking food out of rubbish and supermarket bins, Greeks are among the European countries with the ignominious title of food wasters.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.