
At the gates are the big price increases in the market. Prices have… caught fire in basic necessities with consumers seeing increases in pockets and family budgets.
The first consequences will be reflected in the coming days when the data on the course of inflation will be announced.
The price-hike wave that scans fuel and staple foods could not but affect the price of coffee. The favorite drink of the Greeks is expected to reach even 5 euros.
Internationally, the price of coffee has risen by 50% since the beginning of the year as there are shortages due to the restrictive measures imposed due to the pandemic in Vietnam, but also due to the drought in Brazil. The Minister of Development and Investment, Adonis Georgiadis, spoke about coffee served for 5 euros.
Mr. Valantis Lamprianidis, owner of a cafe, spoke about this on Mega television.
“At the moment, Brazil, which is the largest coffee-producing country, is going through a period of frost after a period of great drought. Many plantations have been destroyed and that is why we are waiting for price increases. Coffee, as an agricultural product, is very much affected by the climatic conditions”, explained Mr. Lamprianidis.
“We are a coffee grinder and we get green coffee, that is, the raw material, and we process it, we try to keep prices low. If things change with the raw material, then we will have to raise prices. Fares have also risen a lot. So far the coffee has not been affected yet, we estimate that from the next harvest we will see the price increases”, he added.
“We give coffee for 2 euros. “I do not want to imagine that it can reach the five euros it sounds like, but it can go to 2.5 euros”, said Mr. Lamprianidis.


Latest News

Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.

Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region