The Greek Debt Crisis Is a Total Boner-Killer

Fears that Greece could be teetering on the brink of insolvency if its membership to the Costco that is the European Currency Union is revoked have been pretty bad for all businesses, but especially bad for sexy businesses. The Telegraph reports that, of the 300 to 400 sex shops that once stood in back alleys and above car washes in Athens, only about a quarter have weathered the financial crisis as they struggle to find customers.

Friday attendance at Athens' Exotic Dream — Greece's largest sex fair — was comparatively low to pre-debt crisis numbers, and only about a dozen exhibitors set up tables. One retailer said that those who had set up shop at Exotic Dream were making a mere €20 a day, adding, "Some customers just don't feel like having sex - others can't afford to buy our stuff in the crisis."

One of the main problems plaguing the sex industry in Greece is that it hasn't mainstreamed quite as well as elsewhere in Europe. Sex shops are housed in ugly concrete buildings that look a few stabbings short of legitimate and languish in more blighted areas of town. Business, too, are often very small and so have been undercut by Chinese and Turkish competitors who can offer lingerie, vibrators, and lotions at far cheaper prices.

Greece also used to have a small but bustling porn industry in the 80s, when companies looking for an exotic seaside fuckscape would seek out the remote, pristine beaches in the Greek Isles. Now, laments Exotic Dream organizer George Chrysospathis, "Five out of seven porn stars in Greece are Hungarian," and if Greece returns to the drachma (which doesn't seem as likely as it did just a week ago), Greeks should brace themselves for an unfathomable spike in the price of vibrators.

Greek sex industry hit by debt crisis [Telegraph]