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Greece Will Allow Sunday Store Openings
With more than 68,000 businesses closed in the last three years of a crushing economic crisis, the Greek government is planning to submit a...
Companies Face "Annihilation" Amid Debt Crisis
Greece's recession-hit businesses face "annihilation", a leading chamber of commerce has warned, as a fatal combination of falling sales and job cuts meant the...
Stournaras Pushes to Wrap Up Troika Deal
Greek Finance Minister Yiannis Stournaras said he hopes he can conclude negotiations with international lenders this week on a long-delayed $17.45 billion spending cut...
Greece to Press on With Austerity as Businesses Slam Troika Visits
Greece is to redouble its efforts to reach a deal with its creditors so that the loans it needs are handed over, the country's...
Downtown Athens: 1 in 3 Stores Closed
Greece's deep recession has forced almost a third of businesses in Athens commercial district to close down as shrinking incomes and frequent strikes have...
Greek Economic Crisis Closing Stores, Ending Dreams
In September, Christina Aggelaki, 56, will close the sporting goods store she and her husband have operated in a western Athens neighborhood for 30...
Shipowners Say They'll Leave Greece if They're Taxed
ATHENS – Greek shipowners, who pay no taxes to the state but claim to have brought in $175 billion in untaxed earnings over the...
Insurers Halting Coverage on Exports to Greece Cuts Deep
ATHENS – The decision by two of the world’s biggest trade credit insurers to halt coverage for companies importing products and goods to Greece...
Greek Red Tape Stories in The New York Times
Yet another article has appeared in the American press showing Greek red tape as the main prohibitive factor for investments in the country.
The New...
Rising Percentage of Businesses Shutting Down in Athens
A total of 2,374 businesses have terminated their operations, out of a total of 9,274 enterprises operating in the Attica region, a report by...