Greek businesses

The Greek economy cannot generate added value products and services and is almost exclusively dependent on domestic consumption, a new study shows. The study on Greek entrepreneurship that was conducted by Endeavor Greece shows that the Greek economy is still...

The tax office of Greeks living and working abroad is receiving thousands of applications from businesses and professionals who try to flee Greece after the implementation of the new, heavy taxes and security contributions. Other than relocating abroad, businessmen and...

Businesses worldwide are optimistic about 2017, while only Greek entrepreneurs have a very bleak view of the new year, a Grant Thornton survey shows. The survey was conducted with the participation of 2,600 entrepreneurs in 37 countries. In all countries...

Two out of three executives in Greece consider moving abroad, either with the company or by themselves, a new study shows. In a study conducted by ICAP Group with the participation of 600 executives, only one in three are happy...

About 200,000 Greek entrepreneurs and self-employed professionals suspended their business activities in 2015, says the Foundation for Economic & Industrial Research (IOVE) annual report. According to the same study also, only 14.2% of people see that there are business opportunities...

Bank deposits of Greeks in Bulgaria and Romania increased by 10% and 8% respectively while in Greece deposits dropped by 23% in 2015, the largest since the outbreak of the economic crisis in 2008. According to a Kathimerini newspaper report,...

Greece dropped three places in the annual World Bank report on the ease of doing business, with its main weaknesses being contract compliance and property registration. According to the report, Greece is as close to attracting foreign investors as Afghanistan...

High taxes in Greece deter foreign investors while the difficulty in getting bank loans forces Greek companies to relocate to neighboring countries, said President of the Athens Chamber of Commerce and Industry (ACCI) Constantinos Michalos. Speaking at a meeting of...

The Greek economy is in ongoing recession with forecasts looking ominous for the sustainability of businesses, consumption and unemployment, a report says. According to a study by the Institute of Small Business of the Hellenic Confederation of Professionals, Craftsmen and...

The number of Greek businesses moving to Bulgaria has increased 20-30% in the last month as the new tax raises went in effect in June. The businesses are mostly located in northern Greece and they are small to medium enterprises,...