business closures

More than 14 Thousand Greek Businesses Go Bust in Last Six Months

Tasos Kokkinidis - July 4, 2017

Over the last six months, 14,198 enterprises closed down according to data released on Tuesday by the Greek General Business Registry. Although 16,479 new business opened in the same period, commentators say that most of the start-ups are small, with...

First 6 Months of 2016 Bring Another 16,994 Greek Business Closures

Mary Harris - July 25, 2016

Greece's Ministry of Economy, Development and Tourism pointed to the closure of 16,944 businesses in the first six months of 2016, following the closure of 24,846 businesses in 2015. The figures from the General Registry of Commerce are disheartening. There were...