Greek businesses
Business
Greece Loses 244,000 Businesses During Economic Crisis
Marinopoulos super market chain, which filed for protection from creditors on Tuesday, is the latest of the hundreds of thousands of businesses that shut down in crisis-stricken Greece.
According to European Commission figures, at the end of 2015 there were...
Business
More Businesses Shut Down Than Started in Greece in 2016
More businesses were shut down than opened in Greece in the first five months of 2016, according to figures by the newly established General Electronic Commercial Registry (GEMI).
Specifically, from January 1st, 2016 until May 31st, 12,538 new businesses were...
Economy
Tsipras Speaks of Growth While Companies Shut Down One After the Other
One month ago it was Elektroniki Athinon, the biggest Greek owned appliance chain, yesterday it was Athens Ledra Hotel, former Ledra-Marriott, today it is Pyrsos Security, all big and respected names in their respective sectors. They all shut down,...
Economy
Almost 2,000 Greek Companies Relocated to Bulgaria in 2015
Greece's Ambassador to Bulgaria Dimosthenis Stoidis said that about 2,000 Greek companies relocated to the neighboring country in 2015.
The ambassador spoke to Bulgaria's Novinite news agency about several issues regarding the two neighbors. On the migrant crisis, Stoidis said he...
Economy
More than 16,000 Businesses Shut Down in Greece in 2015
More than 16,000 businesses shut down in Greece in 2015, according to European Commission figures.
Since the economic slump of 2008, and the 2010 economic crisis that followed, the private sector in Greece has received a tremendous blow with a total...
Business
Commerce Chamber: High Taxes Drive Companies Away from Greece
High taxes and insurance contributions drive businesses away from Greece, says the Athens Chamber of Commerce and Industry (EBEA).
In a pamphlet issued by the chamber entitled "Who is driving Greek businesses away," all the factors that make Greek entrepreneurs move...
Business
Greek Lawyer Turned Online Entrepreneur Supports Small Greek Businesses
The economic depression in the Mediterranean – and especially Greece – has dominated Europe’s headlines in the last several years, leading many businesses to bankruptcy and people to unemployment.
Two years ago, Greek London-based lawyer; Joanne Skoulikas quit her successful...
Business
Greece Named Partner Country of Anuga Trade Show in Germany
Enterprise Greece is organizing Greece’s national participation in the largest International Food Trade Show in the world, Anuga 2015, which will take place in Cologne, Germany from October 10 to 14. Earlier this year it was announced that Greece...
Greece
European Commissioner Cretu: 'We Will Continue to Support Greece'
European Commissioner for Regional Policy Corina Cretu participated in the emergency meeting of the European parliament's Regional Development Committee to discuss Commission proposals to support Greece.
Cretu made the following statement: "Today I participated in an emergency meeting of the Committee on Regional Development...
Business
Greek PMI Plunged to 39.1 Points in August
Greece's Purchasing Managers' Index (PMI) fell to 39.1 points in August, one of the lowest levels ever recorded, reflecting a sharp deterioration of business conditions in the country's manufacturing sector.
The lack of new orders and further sharp decline in production...