MacroPolis

Property tax eats into Grivalia’s 2016 profits

Grivalia Properties has released it end of year financial results for 2016, showing that the Group’s operating profit for the year came to amounted to 32.4 million euros compared to 64.9 million euros for 2015, a drop of 50 percent.

Number of new companies registering in 2016 half of those in 2008

The number of new companies registered in Greece in 2016 fell by 33 percent from 2012 and halved compared to the 2008 figure, a study by Endeavor titled “Greek Entrepreneurship in Numbers” revealed on Wednesday.

Only 11.5 pct of Greek businesses made web sales in 2016

While almost 90 percent of Greek businesses have access to the internet, only 11.5 percent reported making any web sales online in 2016, be it through a web shop or app, web data from the Hellenic Statistics Authority (ELSTAT) has shown.

Greece’s M&A market stagnates during recession

By: Omaira Gill

Mergers and acquisitions (M&As) are an important element to corporate growth but one that Greece appears to be lacking.

Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking

Greece’s position in the “Ease of Doing Business” ranking deteriorated by 3 spots, the World Bank’s 2017 Doing Business report revealed on Tuesday evening.

Greece fell two places to 60th in Doing Business ranking, World Bank says

Greece’s position in ‘Ease of doing business’ ranking deteriorated by 2 spots, World Bank 2016 Doing Business report showed.

Greece continues to edge up in "ease of doing business" rankings despite persistent problems

Greece has moved up several spots in the World Bank’s “Ease of Doing Business” ranking, with improvements in several areas but serious problems persisting in a number of areas, such as the enforcement of contracts.