The ratio of new business registrations versus the closing of businesses is five to one in the greater Athens area (Attica prefecture) in the first nine months of 2021, with chambers of commerce and the General Electronic Commercial Registry (GEMY) recording 13,984 in the first case, and 2,684 commercial entities ending their operation, in the second.
The nearly 14,000 new business includes all types of entities, such as limited companies, partnerships, cooperatives, personal businesses etc.
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Greek Wage Analysis Reveals Gender, Sector, and Education Disparities
It is also interesting to note that leadership roles remained predominantly male at a percentage of 57.3%, primarily in the 36–54 age group
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages
BoG: Greek Tourism Soars – 33mln+ Foreign Tourists Jan.-Oct. 2024
Despite this surge, the average expenditure per visitor decreased by 2.5% compared to last year, standing at €589.5
Piraeus Bank: Greek GDP to Grow at Nearly 2% in 2025
Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis
PDMA: Greece’s Funding Needs at 15.3 bln€ For 2025
According to PDMA, the country’s total financing needs, year-on-year, are below the 10% of GDP threshold
PDMA: 6-Month Treasury Bill Yield Set at 2.61%
The auction was conducted through the Primary Dealers, with the settlement date scheduled for Friday, Dec. 27, 2024
BoG Gov Stournaras Calls for Immigration and Economic Reforms to Tackle Workforce Shortages
Stournaras categorically stated that reducing VAT on food will not solve the problem of high prices
Construction of Crete–Attica Electrical Interconnection Completed
The Crete-Attica electrical interconnection is expected to be operational from spring of 2025. It's budget exceeds €1.1 billion and has a capacity of 1,000 megawatts
Fraport Greece Unveils €600M Investment Plan to Upgrade Regional Airports
Fraport Greece ’s positive strategy is evident in its 2024 results, with the company having achieved a new record of 36.5 million passengers, an increase of 6% compared to the last year
Hate and Fear: The Magdeburg Tragedy and its Political Fallout
Security agencies appear overwhelmed, lacking clear criteria for identifying threats. The Magdeburg attack is a catastrophe for an already unsettled country.
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