MacroPolis

Greeks' working hours among highest in EU, annual leave below average

An annual review for the working rights of workers in the European Union has found a divergence in the working lives of employees across the Union are entitled to.

Tourism could give economy annual 5 bln boost, NBG report finds

Tourism could generate an additional 5 billion euros for the Greek economy annually according to new research by the National Bank of Greece (NBG).

Mandatory e-payments come into force as Greece seeks to boost card use further

Electronic payment options have become mandatory for a wider range of businesses and professions as a move to combat tax evasion and boost VAT revenues.

Survey reveals opinions around Greek shipping cluster's potential

Greece has the potential to develop into one of the world’s major shipping hubs over the next few years according to a survey of opinions from leading representatives of Greek shipping companies.

Samsung buys out Innoetics in latest boost for Greek tech sector

South Korean technology giant Samsung has bought out, Innoetics a small Greek tech firm, which specialises in text-to-speech (TTS) technology.

The conundrum of Greek olive oil exports

By: Omaira Gill

A spell of bad weather in olive producing countries means that crops this year are not going to be as productive as previous years. The result is a spike in the price of olive oil.

China's bumpy road to Greece

By: Omaira Gill

At a time when investments in Greece are considered too risky by most foreign counterparts, Greece has found itself a potential ally in China.

The SEKAP case and extrajudicial debt restructuring

The law (N. 4469/2017) recently adopted by Greek Parliament, which was published on May 3 and introduces the opportunity of extrajudicial debt restructuring for natural and legal persons under specific conditions has been the cause of much discussion.

Jumbo sees 12 percent profit rise in H1 2016

Greek household retail giant Jumbo has released its H1 results, showing that net profit increased by 12 percent in the first half of the current fiscal year, rising from 72.5 million euros in the same period last year to 81.4 million euros.

Gucci and Greece’s lost photo opportunity

By: Omaira Gill

Recently, the Greek authorities were approached by fashion house Gucci for permission to hold a runway event at the Parthenon. The Central Archaeological Council (KAS), which has the final say over such matters, rejected the request, saying that it was out of line with the monuments cultural character.