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Rising Percentage of Businesses Shutting Down in Athens

A total of 2,374 businesses have terminated their operations, out of a total of 9,274 enterprises operating in the Attica region, a report by...

EU Says It’s Not Ready to Help Greece Yet

ATHENS - Despite new austerity measures rammed through the Parliament in the wake of riots that left parts of downtown Athens burning, European Union...

Retailers Face 30% Drop in Christmas Sales

Greek retail sales may drop 30 percent in the 2011 Christmas shopping season as growing unemployment, tax increases and wage cuts crimp shopping budgets,...

Around 15% of Stores in Attica Have Shut Down

Shop closures in Greece's Attica region, which includes Athens, have reached 15% since the economic crisis started hitting consumer spending, daily Kathimerini reports citing...

Truckers & Traders Meeting Ends in Gridlock

Today's meeting ended in a gridlock when truck owners and trade market representatives didn't find common ground to open the way for their shared business sector. Truck...