Financial News: Winter sales begin Jan. 15

The winter sales period officially opens on January 15, but shops are already selling goods at discount prices to attract customers after a lacklustre holiday period.

According to the Association of Working Consumers of Greece, the reduction in real incomes and pensions, rising unemployment and a higher VAT rate on staple goods have changed the everyday priorities of the consumers, and therefore winter sales are eagerly awaited by consumers this year.