Features
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.
Grand projects and even loftier ambitions drive Greece's energy project bonanza
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Following a bleak few years, Greece’s energy sector is starting to show significant potential, with several major projects moving forward.
Business balance positive in 2017, small companies continue to dominate
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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.
Athens set to profit from falling borrowing costs as yields drop ahead of review completion
Greek borrowing costs have dropped significantly as the country nears the completion of what is meant to be its final adjustment programme.
Internet usage high but unexploited by Greek enterprises
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).
Entrepreneurs show lack of innovation, face many barriers to entry, study suggests
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.
ECB survey shows enduring preference for cash payments 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.
Investors voice concerns about delays to Hellenikon as mine talks falter
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.
Greek households switch to natural gas in record numbers as winter approaches
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Record numbers of households and small businesses in Greek cities are switching from oil to natural gas for heating this winter.
Greece drops six places in global ease of doing business report
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.