Tag: economic comparison

Greece's Position in the EU Market

“In a recent social media post, Minister of State Akis Skertsos highlighted Greece’s position on the European price scale, emphasizing that the country remains among the most affordable within the EU. Citing Eurostat and the Spanish central bank, he noted that Greece ranks as the 8th cheapest country in the EU, with consumer goods and services priced at 87% of the European average. Despite being more expensive than countries like Bulgaria, Hungary, Latvia, Lithuania, Poland, and Romania, Greece maintains competitive pricing compared to the majority of EU member states. Skertsos affirmed the ongoing government efforts to bolster incomes, wages, and pensions, aiming to enhance purchasing power and promote consumer-friendly prices through persistent and transparent policies.”