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Company closures dropped sharply during the pandemic
The number of enterprises in Greece that closed last year fell by more than a fifth, while the number of new start-ups was virtually unchanged from the year before, according to data from the Hellenic Statistical Authority.
The picture presented is one of relative stasis, which could provide ammunition for some who argue that the extraordinary support offered to firms to help them get through the pandemic is keeping alive unviable so-called zombie firms. It also matches th...
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