Greece

The business world is asking the new Greek government for a comprehensive development program, which will aim, among others, to boost liquidity, adopt a stable tax system, enhance the extrovertness and competitiveness of Greek businesses and of course support...

Sales rose by 2.0-2.5% over Christmas, not in the double digits, president of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) Vassilis Korkidis wrote in a tweet he posted. "Anyone who thinks Christmas turnover came to a utopian 20-25% is...

The percentage of closed shops in downtown Athens grew by half percentage point to 28 pct in the first months of 2017, reversing a declining trend which prevailed in the second half of 2016 and returned to September 2015...

The percentage of closed shops in downtown Athens grew by half percentage point to 28 pct in the first months of 2017, reversing a declining trend which prevailed in the second half of 2016 and returned to September 2015...

December retail sales in Greece were once again disappointing, after retailers were expecting the busiest month of the year to curb the downward spiral of sales, a study shows. The market turnover in the last month of the year, which...

Shopping malls such as River West and Athens Metro Mall, discount malls such as McArthur Glen and Smart Park, IT stores Public and Plaisio, Germanos, Media Markt, furniture group ENTOS, Jysk, Folli Follie, GAP, Marks & Spencer and several...

While the Greek state is pressing on debtors to repay their dues, state debts to the private sector take up to four years to be repaid, thus creating a liquidity problem in the market. Businesses wait from one to four...

Greek commercial stores will offer a 20 percent discount to tourists from four countries every year. The four "honored" countries for 2016 are Israel, Russia, Turkey and the US. Greek businesses accepted with pleasure Deputy Foreign Minister Dimitris Mardas initiative to...

The rate of closed commercial property in Athens fell to 25.9% in March from 26.4% in September 2015, steadily falling after reaching a peak of 32.3% in September 2013, a survey by the National Confederation of Hellenic Commerce and...

Almost 6,000 Greek businesses have relocated to Bulgaria in the last two years alone, says the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE). In addition, about 60,000 Greeks have registered new companies in Bulgaria's tax offices or opened accounts...

The National Confederation of Hellenic Commerce President Vasilis Korkidis said that 60,000 companies have submitted requests to move their headquarters to Bulgaria due to the capital controls that have been imposed in Greece since June 28. During an interview with SKAI TV, Korkidis stated that the Greek government has been unable to...

Most shops in central Athens, Greece , were open on Sunday, under laws allowing Sunday opening during the mid-season sales, despite reactions on the part of the Federation of Private Employees of Greece against the measure and demonstrations organized...

During the first three months in 2015 a total of 5,341 businesses shut down in Greece, which translates to about 59 closures per day, according to data supplied by the central union of chambers, with the National Confederation of...

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...

The 10-day mid-season autumn sales period started on Saturday, November 1, amid mixed reactions. The Greek Federation of Private Employees has called a nationwide strike on Sunday, November 2, against the opening of stores on Sundays. On Monday, Deputy Development Minister...