Athens wakes up and smells the (expensive) coffee
City highlighted as the most pricey in Europe for a cuppa
With just a year until it stages the Olympic Games, Athens has been revealed as the most expensive city in Europe – at least in terms of the price of a cup of coffee.
According to a report in The Guardian, research by the Mercer Human Resource Consulting Group says a coffee bought “within view of the Acropolis” averages 3.4 euros – double the price near Paris’ Eiffel Tower and one euro more than it would cost at a café near Rome’s Colosseum. It also states that a bottle of water costs more in Greece than anywhere else in the eurozone.
The newspaper reports that the city is now 71st in the world in terms of cost of living, compared to 111th last year – and blames much of the change on conversion to the euro, which saw many retailers rounding up prices.
However, many goods have risen sharply in price since then; the head of Greece’s independent consumers’ association tells the newspaper: “Greeks and foreigners, a lot of foreigners, have been calling in to complain about inflated prices. They are really distressed.”
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