greek businesses

SEV’s president is also expected to emphasize the need for clear, streamlined licensing processes and structural issues that hinder the industry.

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.

The small and medium-sized businesses in Greece (56.2%) are marked by extremely low digital intensity, only beating Bulgarian and Romanian enterprises

This could result in even higher costs, which are likely to be passed on to consumers, though the exact impact will depend on the duration and intensity of the unrest.

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

Some of the areas of interest explored included possible collaboration on wind turbines in the Aegean Sea, further tourism cooperation following the visa express

The drop follows a significant uptick in the ESI in the second half of 2022 (69.5 units) and a slight decline in the first half of 2023 (66.7 units).

Masoutis SA will be constructing a Grand Masoutis and two nine-storey apartment buildings in Athens valued at 30 million euros.

A total of 112,000 new businesses were started in 2023, up by 6.1% over 2022, mainly in construction, transportation and storage.

The Greek business envoy aimed to promote exports to one of the fastest-growing economies in the world, promote investment and export opportunities, and of course, deepen the cooperation between the two business communities

As Stavros Kafounis, the president of the Athens Chamber of Commerce, points out, retail – excluding the sectors of food, automobiles, and fuels – "achieved" the target of 11 billion euros set for the sales of the fourth quarter of 2023, with store owners expressing satisfaction

Greek start-ups are proving resilient in the face of adversity as they continue to innovate and attract foreign capital. Despite the current economic uncertainty, over 70 Greek start-ups secured funding topping €485 million in 2023, according to the Found.ation annual report, indicating growing interest from US tech giants–including Hewlett Packard Enterprise, Cisco, Dell and Intel–in […]

According to the data from the General Commercial Registry (GEMI), in 2023, 57,272 new businesses were established, while 20,268 closed, indicating that last year’s startups were 14.7% more than the corresponding figure in 2022, and closures were 6.3% fewer

According to ELSTAT, overall gross savings in the economy increased to €21.8 billion in 2022 from €16.5 billion in 2021, primarily driven by businesses and the general government, while households showed a decrease in savings by -2.6% of GDP.

Trade is undoubtedly an important indicator of the health and vitality of any economy. In this context, the effective exercise of the European Union’s trade policy is crucial for the Greek economy, since none of the Member States can assert its national interests in international markets on its own. The EU is currently the largest […]