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Shipowners Say They'll Leave Greece if They're Taxed
ATHENS – Greek shipowners, who pay no taxes to the state but claim to have brought in $175 billion in untaxed earnings over the...
Going Out of Business in Greece: 1,000 Stores Per Week
ATHENS – While Greek politicians squabble over who can – or can’t – form a coalition government in the wake of May 6 elections...
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...
Greece's New Middle Class Homeless Hold a Degree and a… Laptop
Just a few days short of Christmas, thousands line up in front of food banks and resort to rifling through rubbish bins. Anger, misery,...
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,...
One in Four Shops Have Been Forced to Close
Figures show that one in four commercial businesses in Greece has closed down since the start of the crisis, while it is doubtful that...
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...


