Greece feels Christmas pinch as sales fall by third

Christmas shop sales in Greece fell by nearly a third this year in the worst festive trading for years as the country grapples with a debt crisis and a severe recession.

Greece feels Christmas pinch as sales fall by third

Christmas shop sales in Greece fell by nearly a third this year in the worst festive trading for years as the country grapples with a debt crisis and a severe recession.

The National Confederation of Greek Commerce said clothes and shoe sales took the heaviest hit, falling 40% compared to last Christmas. It added that consumption of food and drinks fell 15%, while toy sales suffered least.

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