Market shock in the Balkans! Turks flood Greece, Greeks run to Bulgaria

Daily buses and convoys of light vehicles with Turkish plates arrive in Alexandroupolis, where Turkish citizens shop for cheaper food items. Local traders report a sharp increase in customers, and Greek media talk about a complete reversal of the recent trade logic in the region. Until recently, Greeks traveled en masse to Turkish markets due to lower prices. However, high inflation and rising prices in Turkey are forcing hundreds of Turkish citizens to seek more affordable goods in Greece. According to traders in Northern Greece, the most sought-after items are basic food products, which are bought in large quantities. In parallel, the reverse flow is also unfolding. Greeks from the northern regions of the country are crossing the border with Bulgaria en masse to shop in Bulgarian stores. In surveys for Greek media, they indicate that food items are cheaper and of higher quality in Bulgaria, and an additional incentive is the significantly lower price of fuels. Many combine their ...