The Greeks have stopped spending on food

By: trademagazin Date: 2016. 06. 06. 11:02

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The sanctions and tax increases caused a decline in household spendings in Greece – mfor.hu wrote, after Kathimerini daily.

The newspaper in its Sunday edition reports that the Greek population in the first quarter of this year spent 13 percent less on food than in last year's first quarter. Due to the increased burden and increased taxes, the population has simply less money than it had last year – the article points out.