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Traders high hopes for winter sales

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Greek retailers are offering discounts of up to 80%

Greek retailers are looking to stimulate higher sales figures by offering huge discounts at this year's winter sales.

18 Jan 2010

The Greek winter sales started on Friday with expectations that the winter sales will feature sales items discounted by between 50 and 60 percent.

Many retailers had started their sales immediately after the New Year in an attempt to stimulate sales, following muted retail sales in the run up to Christmas with retail sales figures 20 percent down on the comparable period in 2008.

The sales will finish on February 27.

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