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
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.
Back from the brink: What next for Greece's property market?
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.
Energy conference highlights path and obstacles to European energy integration
The second annual “Athens Conference of European Energy Law” took place on Friday at the Athens Chamber of Commerce and Industry.
Greek competitiveness rank remains low as tax, bureaucracy create obstacles
Greece has dropped one place in this year’s Global Competitiveness Index (GCI), standing at 87 overall out of 137 economies. The 87th spot was occupied by Algeria last year, which this year moved to number 86.
Study shows 341 mln a year in tax lost from short-term rentals
The Hellenic Chamber of Hotels has called for a fairer system of taxing accommodation for tourists after a study highlighted the loss of tax revenue from unlicensed short-term rentals.