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Greece

Elementary Turnovers Cost Greece a Heavy Defeat in World Cup Qualifier

Elementary turnovers in defence cost Greece dearly in the first leg of the FIFA World Cup qualifier against Croatia in Zagreb. Croatia moved closer to next year's World Cup with an emphatic 4-1 home win over Greece on Thursday in...

Huge Drop in Christmas Turnover?

The turnover of stores in Greece is expected to show a huge drop this holiday season, in contrast with its usual increase, due to the risk of early elections. Meanwhile, tourism is also expected to drop significantly because of...

Illegal Gambling Yields 6 Billion Euros Turnover

According to estimates, the illegal gambling market turnover reached 5.5 to 6 billion euros in 2013, while at the same period legitimate gambling businesses showed a considerable decrease in revenues. The president of Greece’s Gaming Commission, Evgenios Giannakopoulos, who briefed the...

Stores Open on Sunday Amid Protests, Low Turnover Despite Sales

Greek Stores remained open on Sunday from 11:00 a.m. to 8:00 p.m. amid controversies including a 24-hour strike called by store personnel and low turnover. There are seven Sundays of the year in which stores throughout Greece must be open,...

Winter Sales Turnover Expected Down by 10%

Winter sales in Greece, which begin on Monday and will last until February 28, are expected to give a boost to the hard pressed retail sector. The National Confederation of Hellenic Commerce (ESEE), estimates that turnover during this period will be...

Casinos' Turnover Down by 60% in Five Years

Total turnover in Greece's casinos has shrunk by about 60% in the last five years, inflicting a blow on state revenues. In 2013 casinos had a turnover of some 300 million euros, posting a decline for the fifth year in...

SMBs’ Turnover Dropped 90%

According to the six-month report on financial circumstances of the National Bank of Greece concerning the small and medium enterprises, their turnover, how much money they were taking in, fell by some 90. This serious blow to the economy has...

Low Turnover in Greek Media

A great fall was recorded in the first quarter of this year on the turnover of enterprises engaged in the field of information and communication technologies in the country. Specifically, the data published by the Greek Statistical Authority, show the...

TLC: Greece; Investment, Turnover Down in Cell Phone Sector

The declining course of the mobile telephony sector in Greece continued last year, confirmed in a study conducted by the Athens University of Economics and Business with ICAP that showed an 18% drop in turnover to 3.57 billion euros....

Wholesale Turnover Down by 10.8% in Q2

Greek wholesale turnover fell by 10.8% in the second quarter of the year, as ANA reports citing a survey from the independent Hellenic Statistical Authority (ELSTAT) released on Friday. According to ELSTAT, Greece's trade balance deficit improved further in...

Large Drop in the Turnover of Shops

A large drop was recorded in the turnover of shops in July and August, despite the generous offers and discounts. According to preliminary figures collected by the National Confederation of Greek Trade from the trade associations of the country, the turnover during July and August has reduced by 25% compared to...

Hellenic Statistical Authority Announces Plunge in Retail Trade Turnover

Retail trade turnover, minus automotive fuel, plunged 19.9 percent in December 2010, against the same month in 2009.  This conclusion is according to provisional figures released on Tuesday by the independent Hellenic Statistical Authority (Elstat). Retail trade also posted...

Greeks Spent Billions Gambling in Last Eight Months

The Greek gaming industry saw a turnover surge of 28% between January and August, which puts the country on track for a new record by the end of the year. Greeks have parted with a total of 22.7 billion euros...

Greek Toy Manufacturers Urge Support To Unlock Exports Potential

In a market dominated by international franchises and illegal knock-offs, the Greek toy manufacturing industry has stood its ground and continued its long-standing flourishment, providing consistent quality and creative originality to millions of customers in Greece and abroad. Robust over...

Greek Tourism Takes Plunge in 3rd Quarter Due to Covid-19

Greek tourism took a giant plunge in the third quarter due to the Covid-19 pandemic, according to the Hellenic Statistical Authority (ELSTAT) figures released on Friday. In the accommodation sector, the turnover in the third quarter amounted to only 1.55 billion...