Tag Archives: business

An allowance of 534 euros per month for up to three months will be provided for employees of businesses that were forced to close due to the fires, Labor Minister Adonis Georgiadis said on Monday. “We have already submitted an amendment to the finance ministry bill, according to which businesses, …

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New Democracy MP for Fthiotida, Central Greece, Themis Himaras, resigned as a parliamentary deputy on Wednesday following reports he misused state money for the benefit of his business, in violation of the Constitution. Article 57 of the Constitution of Greece is clear about the business activities of a member of …

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For his first visit to a European country after the brutal murder of prominent Saudi Arabian journalist and dissident, Jamal Khashoggi in Istanbul in October 2018, the Crown Prince Mohammed bin Salman choose Greece. Or the investment hungry Greece choose him. For four years, no European leader would accept to …

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Greece’s capital Athens has been picked as the fourth best European city to start a business enterprise, a survey by UK website Takepayments has found. Only Cambridge, Tallinn and Warsaw scored higher than the Greek capital. Starting a business in Athens can take as little as four days and there …

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Ukraine urges Greece to shut its ports to Russian vessels and stop doing business with Russian companies to increase pressure on Moscow to end the war, Ukraine’s ambassador to Greece said on Wednesday. “We ask Greece in particular to close the ports to Russian vessels… stop doing business with them …

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The Greek Statistics Authority (ELSTAT) announced data on the evolution of turnover of enterprises under under suspension of operation due to the coronavirus pandemic. The current publication incorporates the most recent data on turnover from the period of the lockdown implementation (March-April 2020) and during the period of the gradual …

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The smoking ban has resulted into dramatic decline of turnover decline in cafes, bars and restaurants in Thessaloniki, northern Greece, a recent survey has shown. The decline reaches up to 63.2% say local businessmen from the sector. The survey was conducted among 205 owners of restaurants, cafes, bars and other …

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A snap business opportunity when the market demands for … snowballs. A local man in Xanthi, took advantage of the snowfall and decided to sell snowballs to the lazy locals willing to start a snow-war without much of an effort. The smart businessman loaded his farm truck with snow and …

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“Unless the full prepayment of business tax is abolished, the recession, the migration of people and businesses will not stop and real investments will not arrive,” former finance minister and leader of MeRA25, MP Yanis Varoufakis has said. H epointed out that “New Democracy and SYRIZA are tied up to …

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Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax cuts with one of them to be implemented as of the month of August. 6.5 …

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Private interests try to delay for one more time the operation of the cremation center in Elaionas, West Athens, and a number of businesses appealed to Greece’s supreme court Council of State claiming it is against the constitution. According to daily efsyn, several big businesses and one bank appealed to …

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More than 2,000 policemen in uniform and hundreds in civilian clothes will be deployed in downtown Athens on Thursday and Friday, when French President Emmanuel Macron will pay his first official visit to Greece. The sound of police helicopters will accompany every step the French president will take – whether …

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An entrepreneur in Kalamata submitted an extrajudicial statement to his local tax office, saying he would agree to install a POS device in his business only if he earns a share from the bank revenues. The statement was filed just hours before the finance ministry deadline for the mandatory installation …

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Brexit negotiations between UK and the European Union are still to start. Whatever the outcome one thing remains sure: the impact on Greek economy will be big both in bilateral and EU level, especially in trade and tourism. And this at times when Greek business struggle to survive in an …

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French President Francois Hollande is expected to land in Eleftherios Venizelos airport at 4:50 pm Thursday, rush to Athens downtown, lay a wreath at the Monument of the Unknown Soldier and start talking “business”. Investments in Greek public assets that currently enjoy an extended Sales period. It is not coincidence …

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Deputy Finance Minister Christos Staikouras announced the  tax reduction for companies and households in the debt-ridden and austerity-hit Greece. In an interview to daily Typos tis Kyriakis Staikouras heralded the Greek fiscal progress in lenders’ imposed austerity program and said that “meeting of the objectives launches the tax rates reduction.” …

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The clock shows two in the afternoon. I have been thinking the whole morning what news I should write about. Should I start with the upcoming cuts in pensions of several professional groups? With the hikes in patents’ cash participation in prescription medicine, maybe? As I was sipping in my …

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On the way to the new taxation system, several details have been given to the press in order to do the usual of the last three bailout years: scare the people, test reactions and finally present the ‘worse’ as less bad than the ‘worst’. I mean, I hope it will …

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Everything changes and everything remains the same. Politics, mentalities and interests. What if Greek children go hungry to school, pensioners dig in garbage bins for food and majority of households cannot afford heating their homes. Politics, mentalities and interests remain the same. French  President Francois Hollande will visit Athens on …

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Finally a good news! Trading firewood is a business that experiences a rapid growth in recession-hit Greece. Tax increases in heating oil and natural gas have led to sharp decrease but to sharp increase of firewood. According to data released from Athens Chamber of Commerce, the number of enterprises trading …

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