Report Published: "Refrigeration Appliances in Greece"
Like all major appliances, refrigeration appliances are adversely affected by the ongoing economic recession in 2013. Amidst generalised uncertainty, the unemployment rate exceeding 27%, wage and pension cuts combined with rising taxation, Greek consumers are seeing their disposable income shrink. In this context, the majority of consumers are putting off purchases for major appliances, unless it is absolutely necessary. When they actually decide to make a purchase, low-end models with fewer...
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