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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.
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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).
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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).
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EconomyFeatures
Bumper year for business launches in 2019, according to registry Data from the General Commercial Register database (GEMI) has shown that the number of companies launching as opposed to closing hit record levels in 2019.
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EconomyFeatures
Hellinikon runs into another stumbling block as casino tender falters The Hellinikon project appears to have run into delays again as complications have arisen in the tender for the permit to build a casino resort on the site of the former Athens airport.
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EconomyFeatures
Greece falls to 79 out of 190 economies in ease of doing business ranking The latest Doing Business Indicators report for 2020 by the World Bank Group has shown that Greece fell to number 79 out of 190 economies worldwide.
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EconomyFeatures
Greece tugged down in WEF competitiveness ranking by financial system, institutions The World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell two places in a year, standing at number 59.
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Economy
New twist in Hellinikon saga as Lamda goes it alone Developments in Greece’s marquee privatization project at Athens’s former airport took an unexpected turn on Wednesday when it was announced that the foreign investors participating in the consortium formed to acquire the property have withdrawn.
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PoliticsGreek Politics
Mitsotakis in Berlin with limited expectations Prime Minister Kyriakos Mitsotakis is in Berlin today for his first formal meeting with Chancellor Angela Merkel since winning the national elections.
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EconomyBanking
Capital controls to be abolished ahead of schedule Prime Minister Kyriakos Mitsotakis announced on Monday that the government was moving ahead with the full lifting of the capital controls that have been in place in Greece since the summer of 2015.