Greek businesses

The Greek Finance Ministry's General Secretariat of Public Revenue released information on Wednesday regarding financial inspection efforts across the country from the past few weeks. Out of 5,031 inspected businesses between August 10 and August 16, 1.027 were found committing financial violations. This amounts to 20.41%...

Tax inspectors who did random audits between July 27 and August 2 found out that almost 90 percent of businesses that evade taxes do not issue receipts. According to figures released by the General Secretariat of Public Revenue (GGDE), 18...

A lot has changed between 2007 and 2015. One of the major changes in the economic sector was the average price of Greek companies, which changed a lot in just a matter of eight years. The Independent noted a dramatic...

As capital controls continue and clouds of economic uncertainty loom over Greece, many business owners opt to move their companies abroad. According to a CNBC report, Philip Ammerman, a Greek-born investment advisor who moved his business from Athens to London...

Prominent members of the Greek business world say that 200,000 small-to-medium businesses are in danger of financial asphyxiation. The continuation of the economic crisis is leading small companies and businesses to a deadlock. Even businesses that managed to survive the...

Athens International Airport is going to participate in this year’s Earth Hour on Saturday, March 28, turning off its lights and shutting down one of is two corridors from 8:30 to 9:30 p.m. Moreover, during Earth Hour 2015, the establishment...

Despite the positive assessment formed in February, people are now worried about the Greek economy’s future, as 3% of all Greek businesses are facing the possibility of shutting down over the next quarter. As a result, around 8,500 Greek businesses...

Google has announced the expansion of the program aimed at helping Greek tourism grow, according to a recent press conference. The initiative “Grow Greek Tourism Online” started early in September 2014, in Crete, where more than 650 local tourism...

With the critical Greek elections just 5 days away, the European Bank for Reconstruction and Development (EBRD) has spread disappointment to the country’s business world as it put off a decision over its operation in Greece until after the polls. The...

Greek businesses have suffered for the last six years due to the financial crisis that hit the country. In 2015, the Greek economy was expected to start its recovery, however the unexpected election and the political uncertainty that surrounds...