Tags
Business
RSS-
EconomyFeatures
E-commerce businesses report drop in sales due to Covid-19 The impact of the coronavirus, which has led to the shuttering of most retail stores, has also prompted a sharp drop in online sales according to a new survey.
-
Economy
Government readies up to 2 bln in assistance for shuttered firms and employees Finance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related support measures for the Greek economy, which will total roughly 2 billion euros.
-
Economy
More than a quarter of a million firms affected by enforced closures due to Covid-19 The government’s emergency response to the coronavirus outbreak will lead to the closure of just over a quarter of a million businesses and temporary job losses for up to one million employees according to the latest estimates.
-
Economy
MoF to announce measures for safeguarding businesses impacted by COVID19 The government is increasing its measures to limit the economic fallout from the impact of the coronavirus.
-
Economy
Gathering signs of coronavirus impact on growth expectations The Hellenic Fiscal Council (HFC) has warned that the Greek economy could be threatened by the spread of the coronavirus in the eurozone.
-
EconomyFeatures
Sharp rise in M&A activities as 2019 proves record year Mergers and acquisitions rose significantly in Greece in 2019 according to data collected by PricewaterhouseCoopers Greece (PWC), which points to improving investor and business appetite in the country.
-
EconomyFeatures
EU main destination for exports in 2019, fuel and pharmaceuticals lead way Greece enjoyed a record year for exports in absolute terms according to research released by the Panhellenic Exporters Association (PSA) combining data from the Hellenic Statistical Agency (ELSTAT).
-
EconomyFeatures
New businesses lowest in Greece versus EU with funding obstacles burdening enterprises The creation of new enterprises in Greece is the lowest in the European Union (EU) according to data from Eurostat, tracking the growth of new businesses in 2017.
-
EconomyFeatures
Retail market suffers drop in crisis era, shows consolidation towards larger businesses Greece’s retail market suffered a loss of over 14 billion euros across the crisis years according to data presented by the Hellenic Confederation of Entrepreneurship and Commerce (ESEE).
-
EconomyFeatures Rise of exports slowed in 2019, with goods suffering dip Greek exports appear to be undergoing a slowdown according to the latest export figures available, showing that in 2019, exports of goods grew by only 1 percent year-on-year (YoY).