Approximately 77% of Greek businesses surveyed indicated that digital transformation is a strategic priority for 2024, while 7 out of 10 (72%) stated that their goal is to reduce costs and improve efficiency, according to the European Payment Report – Greece Report for 2024, presented by Intrum.
The results revealed that digital transformation, improving efficiency, and enhancing liquidity and cash flows were key priorities for 2024. The survey included 240 representatives from businesses across 15 sectors of the Greek market.
The findings showed that 76% reported that credit losses have decreased or remained stable compared to last year.
Some of the key findings in the survey focused on the outlook Greek businesses had and their goals:
Seven of ten businesses (72%) aim to reduce costs and improve efficiency (European average: 75%).
Enhancing liquidity is another priority for 67% of the surveyed businesses, compared to 79% in 2023.
Positive signs for business performance compared to the previous year:
56% of the businesses surveyed feel as strong or stronger compared to the past 12 months (European average: 57%).
76% reported that credit losses have decreased or remained stable compared to last year.
More than four in ten businesses (43%) participating in the survey have set growth as a primary priority for 2024.
65% state that developing new digital business models and electronic services can be a sustainable and significant investment.
Similarly, 55% (European average: 55%) are looking forward to growth in the domestic market, and four in ten are planning to expand into the European market.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
PM Mitsotakis to Chair New Democracy’s Committee Meeting
Today’s meeting is seen as a crucial opportunity to halt internal disputes within ND and reaffirm unity within the party.
Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy
EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.
The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.
