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Greece's GDP Improves Despite Loss of €1 Bln in Tourism Revenue This Year
Greece suffered a one billion euro tourism revenue shortfall this year due to continuous economic and political instability, and the refugee crisis, Hellenic Federation...
200,000 Small-to-Medium Businesses in Danger of Asphyxiation
Prominent members of the Greek business world say that 200,000 small-to-medium businesses are in danger of financial asphyxiation.
The continuation of the economic crisis is...
8,500 Greek Businesses to Shut Down Over Next Semester
Despite the positive assessment formed in February, people are now worried about the Greek economy’s future, as 3% of all Greek businesses are facing...
1/3 of Greek Households Earn Less than 10,000 Euros
According to a survey conducted by Small Enterprises’ Institute of the Hellenic Confederation of Professionals, Craftsmen and Merchants (IME-GSEVEE), almost one in three Greeks...
Athens Stock Exchange Marks the Beginning of 2015 with Special Ceremony
Political uncertainty is significantly affecting the course of the Greek stock market but things will stabilize after the general elections, Greece's Finance Minister Gikas...
IFC Examines its Return to Greece, Vice President Says
International Finance Corporation (IFC), a member of World Bank Group, examines its investment return to Greece, Dimitris Tsitsiragos, Vice President of IFC, said on...
630,000 Jobs Lost in Five Years
Almost one in three jobs within Greek small and medium-sized enterprises (SMEs) has been lost since the dawn of the crisis, according to recently published...
Survey: One in Five Greek SMEs on Brink of Closure by 2015
One in five small and medium-sized businesses (SMEs) in Greece is facing the threat of closure this year, despite improving macroeconomic indices, the Hellenic...
Greek Govt, Employers Will Work to Boost Industrial Production, Employment
On Tuesday, the Greek government and the Federation of Hellenic Enterprises –Greece’s largest employers union -- agreed to launch a direct communication line between...
Employees in Greek Stores on Strike
The Federation of Greek Private Employees (OYIE) has announced a 24-hour strike on Sunday, July 13, in response to the opening of stores on Sundays...