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How Two Years of Capital Controls Hurt Greek Trade

It was June 27, 2015 when the finance minister at the time, Yanis Varoufakis, and the Greek government decided to impose capital controls in the...

Percentage of Closed Shops in Central Athens Up to 28% in Early 2017

The percentage of closed shops in downtown Athens grew by half percentage point to 28 pct in the first months of 2017, reversing a...

Percentage of Closed Shops in Central Athens Up to 28 pct in Early 2017

The percentage of closed shops in downtown Athens grew by half percentage point to 28 pct in the first months of 2017, reversing a...

Shopkeepers to Strike Next Sunday, in Protest Against Changes to Sunday Opening Laws

The Hellenic Confederation of Commerce and Entrepreneurship (ESEE) on Tuesday announced plans for a strike by its members on Sunday, May 7 in protest...

More Than One in Four Stores in Athens Has Closed Down During Crisis

Retail stores in Athens continue to shut down due to the prolonged recession, with the percentages of closed shops in some areas exceeding 40%. According...

Greek Commercial Stores to Offer 20% Discount to Tourists from Four Countries

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,...

ESEE Survey Shows Business Closures Easing in Main Greek Cities

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...

Greece Is ‘Closed’ for the Day

Thursday's 24-hour strike launched by almost all professional groups, workers, public sector employees and mass transport services leaves Greece paralyzed for the day, while...

Thousands of Greek Businesses Relocate to Bulgaria

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...

National Bank of Greece Governor: Capital Controls Gone by Early 2016

The president of Hellenic Bank Association and National Bank governor Louka Katseli  said in a meeting with the National Confederation of Commerce and Entrepreneurship...

ESEE Estimates that 8,500 Stores Will Shut Down By End of June

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,...

‘I Fear that Our Troubles do not End with the Election Result,’ ESEE Head...

The business world is asking the new Greek government for a comprehensive development program, which will aim, among others, to boost liquidity, adopt a...

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