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Tag Archives: business

ELSTAT: Business sectors in Greece mostly hit by the pandemic lockdown

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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Greek business opportunity: Snowballs at the spot price of 0.50 euro

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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“Full prepayment of business tax should be abolished,” says Varoufakis

“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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Greece prepares for Macron’s visit with security measures and hope for good deals

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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Greek Deputy FinMin: tax reductions for companies and households

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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Hollande to “push” 2+6 frigates to debt-ridden Greece

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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Only fourishing business in Greece: Trade firewood

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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Greece’s Biggest Furniture Company, NEOSET, Files for Bankruptcy

The rope of recession that drags to the bottom even healthy companies and sends thousands of people to unemployment wrapped around one of the biggest furniture companies in Greece: NEOSET. With a network of 100 stores in Greece and 1,014 employees the company apparently could not cope with liquidity problems.  After 30 years of activity …

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