Latest News from Greece
Small and medium-sized enterprises in Greece have a serious handicap to overcome before they can rival their foreign peers, as they have no access to funding, their export performance is poor and they are not supported by a modern network of infrastructure, according to a special report published on Thursday by the Organization for Economic Cooperation and Development (OECD) on SMEs and entrepr
The airport that serves the northern port city of Thessaloniki is the main asset of Fraport Greece, which has invested in the operation and improvement of 14 regional airports across Greece, the consortium's chief commercial development officer Giorgos Vilos said at an event to celebrate the five-year anniversary of Ellinair.
The SYRIZA administration, which is nearing the completion of its term, could be summed up with the developments at Greece's Public Power Corporation. The country's biggest business is being kept on life support until the general election so that the next government will have to deal with its rescue.
Huge imports of cherries from Greece are damaging the Bulgarian producers, NOVA reports.
"We do not know how much the price will be at the end of the day, there is chaos at the points, some want small ones, others want big ones. At the moment we divide with the workers, they get 40-50 stotinki per kilogram and the points are buying up for 1 lev, "explained the producers.
In a new twist in the ongoing probe into the Novartis case, Deputy Supreme Court Prosecutor Ioannis Angelis submitted a report to the court's prosecutor's office calling for the reopening of three criminal lawsuits filed by three prominent politicians who were implicated in the alleged bribery investigation.
Business representativeс insisted on separation of parties and quiet zones in major cities and resorts. This was required after the official introduction of the new Noise Control Act. According to the chairman of BAZ Richard Alibegov, the changes were made without official public discussion and without consultation with the businesses.
Greece's current account balance showed a slightly smaller deficit in April compared to the same month last year, on lower payments for fuel imports and higher receipts from transport services, the Bank of Greece said on Thursday.
Central bank data showed the deficit at 1.4 billion euros ($1.58 billion) from a deficit of 1.486 billion euros in April 2018.