Following a bleak few years, Greece’s energy sector is starting to show significant potential, with several major projects moving forward.
Data from the General Commercial Register database (GEMI) has shown that in 2017, the balance of companies which joined the registry as opposed to those which left it was the highest since 2011.
Greek borrowing costs have dropped significantly as the country nears the completion of what is meant to be its final adjustment programme.
The majority of Greek businesses use computers and the internet, but very few exploit the potential of electronic sales according to a survey on e-commerce compiled by the Hellenic Statistical Authority (ELSTAT).
The business environment in Greece continues to pose a challenge for both new and existing entrants according to the Foundation for Economic and Industrial Research’s (IOBE) latest annual report on entrepreneurship in Greece.
A survey by the European Central Bank (ECB) looking into the purchasing habits of Europeans has found that cash is still the preferred method of payment for most Greeks despite efforts to encourage card and electronic payments.
The development of the former airport at Hellenikon is once again under scrutiny as investors voiced their worries that only one of 10 actions needed to start the project have been completed.
Record numbers of households and small businesses in Greek cities are switching from oil to natural gas for heating this winter.
The World Bank’s Doing Business 2018 report showed that Greece fell several places to stand at 67 out of 190 countries surveyed. Last year’s report had put the country at 61.
The story of Greece’s property markets trials and triumphs over the last few years reads like the pages of a dramatic novel. There was the mighty rise followed by a sudden and brutal collapse, to today’s market which is steeped in rumour and speculation.