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Record year for company launches in 2018, small enterprises continue to dominate
EconomyFeaturesto 101,676 such companies coming off the registry in 2011 alone. The next most popular category was private... Greek businesses, require capital of 60,000 euros, have decisions dominated by shareholders... active or ceased to trade in Greece across the years. It also does not capture Greek companies
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Business leaders set out steps to attract skilled Greeks as govt offers wage subsidies
Society, this flight also reflects structural weaknesses in the Greek economy,” the report says. It notes... would introduce valuable new skills and knowledge currently missing from the Greek economy. Among the 20..., and the development of spin-off companies, by universities or research institutes. Other measures include
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economythe numerous challenges that the pandemic will pose on the Greek economy, public finances and the banking... to endure external economic pressure via trade and tourism. The BoG notes that the Greek economy.... This is forcing banks to hold off plans for further securitisations and the BoG expects the first
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PMI growth slows in Feb amid myriad challenges for manufacturing sector
EconomyMacroeconomythis was the slowest improvement in overall operating conditions for Greek manufacturers since last... and as such input prices continued their sharp rise. "Greek manufacturers signalled a pick-up... drop off in growth of domestic and foreign client demand. Nonetheless, firms continued to expand
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Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month
EconomyMacroeconomythe 12-month horizon. “Greek manufacturers rounded off a challenging quarter by registering further... the third consecutive decline in the state of the Greek manufacturing sector, though S&P Global notes... by challenging economic conditions and inflationary pressures in key exports markets, leading to new export
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ND tries to swerve fresh graft claims as EP scandals, phonetapping hang over budget debate
PoliticsGreek Politicsby her Greek lawyer in the domestic media. On Thursday, it was reported that her husband, lobbyist... Affairs (LIBE) committee, which shows the Greek MEP cast a vote in favour of visa liberalisation... been announced on November 14. Spyraki is accused of fraudulently signing off on allowances
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Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies
PoliticsGreek Politicsa parliamentary majority at the upcoming elections. At a cabinet meeting on Tuesday morning, the Greek... place by the beginning of July. The first Sunday of that month, July 2, is seen as the cut-off point... a few from the ultra-nationalist Greek Solution to take him over the 150-seat mark. Complex process
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Raging fires and deaths force government onto defensive, create dangerous mix
PoliticsGreek PoliticsIn a bid to fend off the growing political criticism it has suffered as wildfires batter the country, the government has pledged to hold a leaders’ debate about how the Greek authorities have dealt... been shared on social media by the leader of the ultra-nationalist Greek Solution, Kyriakos Velopoulos
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Lower spending, extra revenues result in budget execution beating targets in March
EconomyMacroeconomya one-off item of 555.6 million, which relates to a presubscription fee received by the Hellenic Financial Stability Fund (HFSF) from Greek banks in 2012 but was transferred to the state through a recent... to the prevailing (tight liquidity) conditions. It also added that after the stabilisation of those
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Tsakalotos eyes conclusion of review and debt talks, will not dispute pension cuts
EconomyProgrammeThe Greek government remains confident about concluding the fourth review on time and does... and the debt, then we’ll see.” The idea of the lenders agreeing to the pension cuts being put off, unless.... The reluctance of Germany and other eurozone member states to agree to a mechanism that is free of conditions
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