MacroPolis

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.

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.

Greece near bottom of OECD rankings for spending on R&D

Ranked 32nd on a 38-strong list, Greece is lagging behind most other developed countries when it comes to spending on research and development.

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.