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A cry out against onslaught of malls in Athens May 31, 2007

Posted by grhomeboy in Architecture, Business & Economy.
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The Athens Traders’ Association (ESA) and the Property Owners’ Association of Greece yesterday expressed at a joint press briefing their strong concern about the «unchecked» development of large malls in the Athens area.

«The new emerging reality is leading thousands of small enterprises to closure and the abandonment of thousands of leased and privately used shops on non-commercial streets,» officials said. «The operation of such large commercial concerns will deliver a crushing blow to small shops, causing the loss of commercial and realty values invested in over generations and leading entire municipalities and neighborhoods to decline.»

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