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Half of Small Greek Businesses on Brink of Closure

The combination of increased financial obligations and reduced income is driving small businesses in Greece to the verge of closure, new research shows. According to...

Greece’s Fastest Growing Companies

A study conducted by Infobank Hellastat S.A. lists the 15 Greek companies with the highest growth rate between 2009 and 2012. According to the study,...

BoG Data: Cash Flow in Greek Economy Down 4%

The recovery of the Greek economy may be around the corner, but the country’s banks still seem to be tightening credit, thus draining Greek companies of...

TIME: Greek Start-Ups Could Be a Global Success Story

The U.S. magazine “Time” featured an extensive article on Greek tech start-up enterprises, which could be the answer to getting the country back on...

Best Greek Companies of 2013

Hrima, a modern Greek financial and investment magazine published by Ethos Media, awarded for the 11th consecutive year the best Greek companies that contributed...

85% of Greek Businesses are “Unethical”

Research conducted by the non-profit organization Future Leaders, shows that young people in Greece, aged 18 to 27 years old, believe that more than...

Unilever Shifts Production to Greece

The British-Dutch firm Unilever announced that 110 of its products that are currently imported to Greece from elsewhere in Europe will soon be produced...

Greek Business Flight to Bulgaria Soars 70%

Faced with a crushing economic crisis and soaring taxes, Greek companies are continuing to flee to other countries, especially Bulgaria, showing a 70 percent...

Fishing Boom as Greeks Angle to Survive

More Greeks are turning to fishing as a way of putting food on the table during the economic crisis. According to official figures, 37,000 people...

Greek Companies Want to Impose Price Increases Amidst Market Losses

Certain Greek companies couldn’t care less about the financial crisis consequences hurting the average Greek family and are pushing for increases in product prices...

EIB Asks Greek Firms To Sign Euro-Exit Loan Clauses

The European Investment Bank is inserting clauses in the loan deals it signs with Greek firms in order to renegotiate debts in case the...

Greek Companies Blocked by Foreign Business Suppliers

The current liquidity problem of Greek companies is getting worse due to the fact that foreign business suppliers have stopped giving raw materials to...

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