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Europe
Greek sex industry battered by economic storm
2012-05-28
[Al Ahram] Greece's once-thriving sex industry has become the latest victim of the country's debt crisis as Greeks spend less on erotic toys, pornography and titillating underwear.

About 50 people, almost all young men, lined up on Friday as the Athens Erotic Dream - Greece's biggest sex fair - opened its gates in a nondescript building squeezed against a highway on the outskirts of the capital.

The annual show attracted big crowds when it opened in 2008, at the height of Greece's debt-fuelled economic bubble. But interest has wilted alongside the Greek economy, mired in its fifth consecutive year of recession.

The austerity measures Greece adopted as part of the country's international bailout deal have led to record unemployment, while wage cuts and tax hikes have throttled consumer spending.

The sex industry is feeling the hit. The number of exhibitors has fallen by half since 2008 to about a dozen, said the fair's organiser George Chrysospathis - a grey-bearded, corpulent man whose jovial manner changes quickly if he spots anyone who has failed to pay the 15-euro entry fee.

"We used to get 20,000-30,000 visitors, but this year I don't know, we'll just have to see," Chrysospathis said.

Only a quarter of the 300 to 400 sex shops that once existed in Athens have survived the crisis, and business looked bleak for those who brought their wares to the sex fair.

"Things look really bad, buddy," said stall holder Donatos Passaris, 38, standing in front of a long bench of vibrators, lotions and other items.

Shoppers at the stands were few and Passaris brushed off questions quickly for fear of losing a rare customer.

"We're making just 20 euros ($25) a day, if at all," said Marianna Lemnarou, another retailer. "Some customers just don't feel like having sex - others can't afford to buy our stuff in the crisis."
Posted by:Fred

#3  An alternative theory would be that as the economy declines; women are searching for a partner more and "putting out" more so there's less demand for transactional sex.
Posted by: Bright Pebbles   2012-05-28 10:26  

#2  Only proving Maslow's theory once again, the more primal search is for FOOD!
Posted by: Besoeker   2012-05-28 08:02  

#1  Customers are suffering from ED.

Economic downturn.
Posted by: BrerRabbit   2012-05-28 07:32  

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