Business
Large debtors on the ascent
About 70% of total overdue debts to the tax authorities comes from businesses, according to the Independent Authority for Public Revenue (AADE) data analyzed by the Parliament Budget Office.
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The Top Questions to Ask Before Buying a Franchise
Are you considering buying a franchise? Before making the leap, you must do your due diligence and ask the right questions. Franchises come with a lot of potential rewards, but they also come with a lot of risks. The more you know about a franchise opportunity before you buy it, the better off you'll be. This guide will cover the top questions you should ask before investing in a franchise.
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Green light for absorption of ANEK by Attica Group
The competent agencies of the Competition Commission have recommended the approval of the merger, through absorption, of ANEK ferries by Attica Group, recognizing that ANEK is a troubled company and the conditions for its protection for reasons of public interest must be met.
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Optimism grows among management consultants in Greece
Management consultants are more optimistic over the course of the Greek economy, the Hellenic Association of Management Consulting Firms (SESMA) said in a report released on Monday.
The GRe+1 index rose to 42.6% in the first quarter of 2023 from 30.6% in the fourth quarter of 2022, and 26.8% in the corresponding period last year.
$450 mln to be provided under ‘Türkiye Green Industry Project’
Some $450 million in financing will be provided to small and medium-sized enterprises (SMEs) and industrial firms under the Türkiye Green Industry Project, Industry and Technology Minister Fatih Kacır has said.
NBG’s twin priorities for the future
National Bank (NBG) intends to place emphasis on the financing and support of small and medium-sized enterprises, which make up the largest part of the Greek economy and proportionally have the lowest loans from the banking system, alongside the digitalization of its products and services.
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Companies struggling to hold on to workers
Businesses in Greece are having trouble not only hiring new employees, but also keeping their current workforce, demonstrating that worker retention is a complex challenge for companies, especially for micro-enterprises, which are the backbone of Greek entrepreneurship.
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Ivanka gets in line for the Acropolis
The daughter of former US president Donald Trump, Ivanka Trump, and her husband Jared Kushner hailed their visit to the Acropolis in a social media post on Tuesday. The iconic ancient Greek monument receives thousands of visitors a day, with long queues being reported since early this year. The Ministry of Culture plans to deal with this phenomenon with the introduction of slots.
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Ivanka Trump: Acropolis is where ‘history comes alive’
"The Acropolis is a testament to the incredible achievements of ancient Greek civilization and their enduring legacy," Ivanka Trump, daughter of former US president Donald Trump, has said.
Retail commerce turnover in Greece up 13.2% in Q1
Retail trade turnover increased by 13.2% in the first quarter of 2023 compared to the corresponding period last year, as it amounted to 14.88 billion euros, against €13.15 billion in January-March 2022.
Of course, part of this increase is related to price hikes.
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