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ATHENS (Reuters) – Greece’s stores had their worst Christmas in decades, with retail sales dropping by 30 percent compared with the same period last year as the economic crisis shattered consumer confidence, the ESEE retail federation said on Tuesday.
“Nine out of 10 Greeks are less generous, not out of choice but out of necessity,” ESEE said. “Retailers endured a Christmas gloom that chipped away any optimism they had before the holidays.”
The sharp drop in sales came despite widespread discounts by retailers in the run-up to Christmas.
Greeks have been suffering wage and pension cuts, rising inflation and a recession now into its fourth year, which has slashed living standards and forced them to cut spending.
Clothing and footwear sales dropped 40 percent, electrical goods by 30 percent, and sales in the food and drinks sector by 15 percent compared with the same period last year, ESEE said.
(Reporting by Karolina Tagaris, editing by Jane Baird)
When you’re as rich as Simon Cowell you can afford to chill out in the Caribbean sunshine when the rest of the world is suffering from January blues and the music boss has found the perfect way to treat himself by flying a string of lovely ladies out to join him.
The X Factor judge is currently sunning himself on a £30m yacht off the coast of St Barts and the most recent beauty he has flown out to keep him company is 43-year-old Greek actress Zeta Graff.
Lothario Simon, 52, has also been joined by 80s pop star Sinitta and his model ex-girlfriend Jackie St Clair but Zeta is to spend the next couple of weeks with the music exec.
What about your fiance Mezhgan Hussainy, Simon?
Speaking to the Daily Mirror last night, a source said: “Simon has known Zeta for a few years and the pair have always remained in touch.
“She is with him for the new year break and has been keeping him company. Zeta fits in really well with his gang and she makes him laugh. They have a real giggle together.”
Actress Zeta divorced her diamond heir husband Francois Graff in 2003 and won a £10m settlement in the split. She has been linked to a host of Hollywood stars in the past including Paris Hilton’s ex-boyfriend Paris Latsis and actor Val Kilmer.
CELEB POST CHRISTMAS GETAWAYS:
The January protest, initially planned to match with the first SOPA hearing of the year, drew elephantine publicity and reaction. Days former to the proceeding, najtańsze noclegi White Domicile issued a affirmation that it would “not fortify legislation that reduces liberation of phraseology, increases cybersecurity risk, or undermines the dynamical, innovative international internet.