Elektroniki’s bankruptcy reflects struggles of consumer electronics sector

EconomyFeatures By: Omaira Gill
Photo by MacroPolis
Photo by MacroPolis

Last week, electronics retail chain Elektroniki Athinon declared bankruptcy, citing a combination of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek economy by foreign suppliers as causes.

Those following the struggles of the company could see the end coming but Elektroniki’s demise does not bode well for Greece’s already damaged consumer electronics market.  The chain’s decline marks a general trend in the Greek electronics sector, which...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.