Search Results: Businesses

Despite government efforts to attract foreign investment, only 0.6% of all businesses across Greece are foreign-owned.

The Minister of National economy and Finance, Kostis Hatzidakis, highlighted that the IRIS system is a priority, stating that 3.3 million IBANs are already connected with IRIS.

The government instituted an additional 40-euro pay rise to employees earning the minimum wage in Greece last April

Fines for failure to comply range between 500 and 1,000 euros per tax office audits

As artificial intelligence (AI) continues to revolutionize industries globally, its integration into business operations is becoming increasingly essential for competitiveness and growth. However, in Greece among other countries, a significant divide is emerging between larger companies and small businesses in their access to AI technologies, despite the criticality of small and medium-sized enterprises (SMEs) which […]

The data concerns companies maintaining double-entry bookkeeping, and for which monthly data are available.

Besides the 490 temporary closures, imposed fines imposed exceed 1.34 million euros for instances of revenue hiding

Notably, the bank is slashing fees for the IRIS payments interbank service by 50% for professional use.

The field survey saw participation from 5,076 Greek businesses, with results weighted by region and sector of activity to ensure they are representative of the entire country

According to a labor ministry report, only 0.44% of such eligible businesses and affiliates applied for the extraordinary measure allowing for a six-day work week

Suspects in extortion ring include Athens municipal and regional government employees as well as two culture ministry staff members

According to one study, the impact of gen AI on Greece's GDP is expected to be significant, potentially adding 5.5% (€10.7 billion) by 2030, with some estimates placing the number at 9.8%

The survey included 240 representatives from businesses across 15 sectors of the Greek market.

In 2024, many businesses, especially small ones, were struggling with increased borrowing costs, making debt servicing a nightmare.

Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments.

New digital app ‘Jobmatch’ aims to help Greece’s tourism and hospitality sector fill hundreds of empty posts ahead of the tourism season.

"We want to make wage employment more attractive by giving employers the opportunity to offer the best possible salaries," Minister Domna Michailidou told Athens chamber board members

Greece is ready to welcome millions of tourists this year but businesses are still struggling to find staff. To Vima speaks with stakeholders about what needs to be done.