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ESEE

How Two Years of Capital Controls Hurt Greek Trade

It was June 27, 2015 when the finance minister at the time, Yanis Varoufakis, and the Greek government decided to impose capital controls in the midst of negotiations with creditors over the country's bailout. Two years ago on this date, Greek...

Percentage of Closed Shops in Central Athens Up to 28% in Early 2017

The percentage of closed shops in downtown Athens grew by half percentage point to 28 pct in the first months of 2017, reversing a declining trend which prevailed in the second half of 2016 and returned to September 2015...

Percentage of Closed Shops in Central Athens Up to 28 pct in Early 2017

The percentage of closed shops in downtown Athens grew by half percentage point to 28 pct in the first months of 2017, reversing a declining trend which prevailed in the second half of 2016 and returned to September 2015...

Shopkeepers to Strike Next Sunday, in Protest Against Changes to Sunday Opening Laws

The Hellenic Confederation of Commerce and Entrepreneurship (ESEE) on Tuesday announced plans for a strike by its members on Sunday, May 7 in protest against legislation that would increase the number of Sundays that retail outlets are allowed to...

More Than One in Four Stores in Athens Has Closed Down During Crisis

Retail stores in Athens continue to shut down due to the prolonged recession, with the percentages of closed shops in some areas exceeding 40%. According to data by the Institute of Trade and Services of the Hellenic Confederation of Commerce...

Greek Commercial Stores to Offer 20% Discount to Tourists from Four Countries

Greek commercial stores will offer a 20 percent discount to tourists from four countries every year. The four "honored" countries for 2016 are Israel, Russia, Turkey and the US. Greek businesses accepted with pleasure Deputy Foreign Minister Dimitris Mardas initiative to...

ESEE Survey Shows Business Closures Easing in Main Greek Cities

The rate of closed commercial property in Athens fell to 25.9% in March from 26.4% in September 2015, steadily falling after reaching a peak of 32.3% in September 2013, a survey by the National Confederation of Hellenic Commerce and...

Greece Is 'Closed' for the Day

Thursday's 24-hour strike launched by almost all professional groups, workers, public sector employees and mass transport services leaves Greece paralyzed for the day, while dozens of thousands of people took it to the streets in protest. The Greek government's proposal...

Thousands of Greek Businesses Relocate to Bulgaria

Almost 6,000 Greek businesses have relocated to Bulgaria in the last two years alone, says the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE). In addition, about 60,000 Greeks have registered new companies in Bulgaria's tax offices or opened accounts...

60,000 Greek Firms Relocate to Bulgaria

More than 60,000 Greek firms have relocated their businesses to Bulgaria since the summer of 2015. Some of the firms have relocated their businesses, while others have obtained tax registration or opened bank accounts in Bulgarian banks. This is...