Features
EquiFund makes official launch in bid to grow Greek businesses
The hotly anticipated venture capital fund, EquiFund, which aims to foster business growth in Greece was officially launched by prime minister Alexis Tsipras on Monday.
Are hirings in the public sector out of control?
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In recent weeks the Greek government has come under sustained criticism from the main opposition party, New Democracy, for its management of the public sector.
Central Athens shop closures at six-year low, mixed picture in other commercial centres
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A survey by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) has revealed that the number of shuttered shops in Athens’ city centre has dropped to its lowest level since 2012.
Greek hourly labour costs less than half of eurozone average
New figures from Eurostat have shown vast discrepancies between hourly labour costs across the European Union’s member states and the eurozone in general.
HCAP and Finance Ministry reveal five-year strategic plan for public assets
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The Ministry of Finance (MoF) and the Hellenic Corporation of Assets and Participation (HCAP) have presented its five year plan for the so-called "super-fund" regarding the use of public assets between 2018-2022.
Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
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On Wednesday 21 March, a familiar scene played out outside the offices of a notary in central Athens. A few dozen protesters organised by the anti-austerity “I Won’t Pay” movement and the political parties Popular Unity and Course for Freedom clashed with police as they tried to obstruct the scheduled auctions of foreclosed properties.
Self-employed paying less for social security contributions, Labour ministry reports
Data from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay a minimum monthly social security contribution this year compared to last year, though the average amount payable has declined year-on-year.
Greek health care spending in the spotlight
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The world of Greek politics is being consumed by a price-fixing scandal centred on the Swiss pharmaceutical company Novartis, and its alleged links to senior Greek politicians between 2006-2015.
Manufacturing wage cuts were turned into profit, GSEE study claims
A study by the General Confederation of Greek Workers (GSEE) has stated that lower wages during the crisis resulted in greater profit margins for companies rather than lowering prices.
Piraeus Port Authority lays out major development plans
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Piraeus Port Authority (PPA) on Monday unveiled its ambitious 10-year investment plan, involving an estimated 500 million euros in investments.