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  1. Bumper year for business launches in 2019, according to registry
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    Data from the General Commercial Register database (GEMI) has shown that the number of companies... available by GEMI begins in 2011. According to the database, where company registrations and delistings... that delisted from GEMI fell by 17.7 percent during the same period. Year-on-year company registrations

    50%
  2. More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
    Photo by MacroPolis

    Economy

    exceeding 70 percent. Overall, nine out of ten companies saw a decline in their revenues with the overall

    45%
  3. The year that Greece (nearly) saw it all
    Photo by Jan Wellman via Flickr https://flic.kr/p/vo7gnP

    Agora

    the eurozone many more. They saw SYRIZA come to power from virtually nowhere a few years earlier

    45%
  4. Number of new companies registering in 2016 half of those in 2008
    Photo by Natasha Pantazopoulou/Fosphotos

    Economy

    technology (ICT) saw a drop in the number of new companies by 38 and 27 percent respectively. The biggest... (GEMI). According to the study, the number of new companies stood at 28,615 in 2016, while business

    43%
  5. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    and retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent

    39%
  6. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    50 percent (plus one share) out of the total 74 percent held in EYATH to the Greek State... capitalisation at 165 million, with the state’s value at 122 million. The cancellation

    38%
  7. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    a preference for an ambitious, front-loaded adjustment, the report notes that the IMF clearly saw... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent

    36%
  8. Newsletter 279 - 05/03/2021

    Newsletters

    closures dropped during the pandemic Only one sector saw an increase in the number of closures in 2020... and motorcycles” which saw 8,082 closures. Mostly this was due to it being one of the most populous sectors... of company closures in the sector actually dropped 18.9 percent. In fact, only one sector saw

    36%
  9. Greek competitiveness rank remains low as tax, bureaucracy create obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    compared to where it lags. Many of the poor scores in the subpillars reflect areas where Greece’s lenders... scores were noted in the subpillars of the effect of taxation on incentives to invest (137 out

    34%
  10. Newsletter 427 - 14/06/2024

    Newsletters

    and are due to be repaid in full by 2041. The cost of servicing is based on 3-month Euribor plus 50 basis.... The manufacturing index rise was in repair and installation of machinery and equipment, tobacco

    33%