Greece: Retail Sales Turnover Down 11.3% in February

ATHENS — Greek retail sales turnover fell by 11.3 pct in February this year, compared with the corresponding period in 2020, totaling 2.1 billion euros, Hellenic Statistical Authority said in a report on Friday.

The statistics service said that turnover by retail commerce companies with mandatory book keeping was 2.4 billion euros in February 2020, while the February 2021 figures was 3.6 pct down in comparison with January 2021 (2.2 billion euros).

Companies in the categories of post, or online sales, recorded a 45.8 pct increase in sales, following by retail sales of computers and software (up 29.6 pct). On the other hand, companies in music and image saw their turnover plunge 85.3 pct, while turnover in used items stores fell 83.1 pct.


ATHENS - There was keen investor interest in acquiring a 27 percent stake in Piraeus Bank from Greece’s bank bailout fund, which was oversubscribed as it will be the third of the country’s four biggest banks to be fully privatized.

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