Features
Company closures dropped sharply during the pandemic
The number of enterprises in Greece that closed last year fell by more than a fifth last year, while the number of new start-ups was virtually unchanged from the year before, according to data from the Hellenic Statistical Authority.
Government rolls out red carpet to lure private wealth to Greece
Greece is pulling out the stops to make the country as attractive a place as possible for rich or footloose individuals to put down roots.
Survey illustrates extent of pandemic impact on firms amid recovery hopes
The fourth survey by the Hellenic Federation of Enterprises (SEV) on business expectations suggests that Greek firms have been seriously impacted by the Covid-19 crisis and, although, they would like more support, they are hopeful of recovering soon.
Greece maintaining investors' interest, EY survey finds
A survey by Ernst & Young (EY) following up from their Attractiveness Survey Europe 2020 earlier in the year has found that investment interest in Greece for the post-pandemic period remains steady.
EIB investment survey points to diminished investment appetite
The European Investment Bank has released its annual investment survey, showing that for the first time since the survey started five years ago, investment sentiment has largely turned negative across the European Union.
Many obstacles to clear in Greece's digital leap
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Announcing the establishment by Microsoft of a regional cloud computing hub in Greece, Prime Minister Kyriakos Mitsotakis said that his government was focussing on “the digital transformation of government and the economy” as a critical step in achieving “Greece’s leap into the future, placing Greeks among the winners of the 4th industrial revolution”.
Greece among hardest hit in Covid-related drop for European arrivals
The European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68 percent compared to 2019.
Growing concerns over second lockdown in food service sector, a key employer
Greece’s catering sector is bracing for the impact of new measures to contain the virus and sounding the alarm that the industry cannot survive a second lockdown.
Pandemic takes heavy toll on Greek workers, study finds
Research from the General Confederation of Greek Workers (GSEE) has shown the burden of the coronavirus pandemic on the average Greek worker.
Survey finds only 60 pct of hotels operated in the year so far
The Hellenic Chamber of Hotels (HCH) has released a new survey of its members which shows the troubled state of Greece’s hotel sector in the midst of the coronavirus pandemic.