Friday , February 23 2024
Home / Tag Archives: companies

Tag Archives: companies

Greece Ferries increase ticket prices for 3rd time in 2022 for specific routes

For third time in 2022, Greece’s ferry companies increased the ticket prices at a range of 4% to 8% on average on July 1. The hikes are only certain ferry itineraries and mainly from the port of Piraeus. From the port of Rafina, the prices of individual tickets with conventional …

Read More »

Companies in Greece reluctant to make investment despite Recovery Funds

Enterprises appear reluctant to take any investment initiatives in the near future, despite financing opportunities generated by the recovery fund and the improvement of business sentiment, the annual survey conducted by Grant Thornton has found. Six out of 10 corporations in Greece say they have no intention of making any …

Read More »

Greek gov’t “awards” companies for migration centers construction, bypassing…

Instead of launching public tenders, the Greek government simply awarded three well-known big construction companies with the building of the closed migration centers on the islands of Lesvos, Chios and Samos. The Ministry of Migration and Asylum invited the companies Aktor, Terna and Mytilineos with a posting on the Diavgeia …

Read More »

Tax system and bureaucracy the biggest obstacles for foreign investment in Greece, survey shows

Sixty percent of CEOs of multinational companies operating in Greece expect that the country’s image as investors’ destination will improve in the next years. According to a survey conducted by Metron Analysis, 83% of the respondents said the taxation was the biggest obstacle for investing in Greece. The survey was …

Read More »

Ex Health Minister says he was offered kickbacks by pharma for vaccines

Former New Democracy Health Minister, Giorgos Sourlas, said he was offered kickbacks by a pharmaceutical company in order to market vaccines. Speaking to state ERT TV, the former minister said he was offered 500 million Drachmas* in order to market last generation vaccines for hepatitis. “It happened once, I was …

Read More »

Greece’s Competition Commission fines French, US Cosmetics firms for “distorting competition”

Greece’s state competition watchdog has fined six prominent cosmetics firms, including Estee Lauder, L’Oreal and Christian Dior, some €19 million (SR83.98 million) for distorting competition. The Hellenic Competition Commission said Wednesday it had found “anti-competitive agreements between wholesalers of luxury cosmetics” aimed at fixing retail prices. According to AFP, Estee …

Read More »

Greece’s Finance Ministry uploads names of 13,730 debtors on its website. But…

They said it and they did it! Greece’s General Secretariat of Public Revenues uploaded the names of 13,730 big debtors on the official website of the Finance ministry. The names refer to natural persons and legal entities owing to the state more than 150,000 euro and are in payment delays …

Read More »

Athens invites hydrocarbon companies to invest in Greece

International oil companies were invited to start investing in hydrocarbon research in Greece, by Athens’ Energy Minister Panos Skourletis. Skourletis invited companies to start investing in research and exploitation of potential hydrocarbon reserves in Greece, in a speech he made on Friday at the 45th Central-Eastern Europe & Caspian Scout …

Read More »

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.” …

Read More »

Greek Revenues Secretary: In-debted companies should close down

Another revolutionary proposal by a Greek official and thus the man in charge of Public Revenues. Haris Theocharis. He proposed that “companies with debts to the state pension funds or to employees would better close down than to remain open and produce further deficit.” Τheocharis made this statement last Friday …

Read More »

EU fines TV, computer screen cartel with €1.47 Billion

Philips, LG Electronics, Samsung SDI and three other firms were fined a record €1.47 billion by EU antitrust regulators on Wednesday (5 December) for fixing prices of TV and monitor cathode-ray tubes for nearly a decade. The European Commission slapped the biggest penalty, of €313.4 million, on Dutch-based Philips. LG …

Read More »