Greece
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ESEE

National Bank of Greece Governor: Capital Controls Gone by Early 2016

The president of Hellenic Bank Association and National Bank governor Louka Katseli  said in a meeting with the National Confederation of Commerce and Entrepreneurship (ESEE) on Monday that she is in favour of secondary business opportunities and the settlement...

ESEE Estimates that 8,500 Stores Will Shut Down By End of June

During the first three months in 2015 a total of 5,341 businesses shut down in Greece, which translates to about 59 closures per day, according to data supplied by the central union of chambers, with the National Confederation of...

'I Fear that Our Troubles do not End with the Election Result,' ESEE Head Korkidis says

The business world is asking the new Greek government for a comprehensive development program, which will aim, among others, to boost liquidity, adopt a stable tax system, enhance the extrovertness and competitiveness of Greek businesses and of course support...

Greek Business Owners Afraid Ahead of Elections

Greek businesses have suffered for the last six years due to the financial crisis that hit the country. In 2015, the Greek economy was expected to start its recovery, however the unexpected election and the political uncertainty that surrounds...

Greek Summer Sales Shopping Activity Low

Retail sales were lower during the second week of the summer discount season compared to the first week, according to a Greek commerce confederation (ESEE) survey. ESEE said that 29 percent of merchants that participated in the survey were not...

Cheaper Christmas Dinners for 2013

A survey conducted by the Commerce and Services Institute of the National Confederation of Hellenic Commerce (ESEE) has suggested that Greeks will spend on average, 2.51% less this year on the Christmas dinner. The survey was carried out between December...

Greek Retail Workers Face 13% Pay Cut

With the government set to transfer or fire 40,000 public workers and employee rights being decimated during a crushing economic crisis, the President of the National Confederation of Greek Commerce (ESEE), Vassilis Korkidis said businesses want a 13% wage...

Greek Traders See Profits Dwindling to 5-year Lows

The profitability of small and medium-size enterprises (SMEs) in Greece has been eroded by 86% and their turnover has fallen by about half since 2009, citing fresh figures released from the National Confederation of Greek Commerce (ESEE) on Monday....

Greek Retailers Take 40% Hit

Greek retailers faced their worst Christmas sales turnover in a decade, posting a reduction of about 40 percent compared to 2011 across the debt-laden country, according to first estimates on Dec. 27. As the negative result exceeds their forecast...

More Sunday Openings for Greek Stores

Facing a bleak Christmas and holiday period as workers await more pay cuts and tax hikes, Greek retailers will be allowed to open on two Sundays – Dec. 23 and Dec. 30 – and next year will have four...