Entrepreneurship

Greece drops two places in startup chart

The Greek startup ecosystem has entered a period of maturity, along with the organizations that contribute to the support of new entrepreneurs. However, the domestic startup ecosystem continues to rank below those of other Southern European countries such as Portugal, Spain and Italy, according to the third StartupBlink Global Ecosystem Report.

Romania joins World Business Angels, largest forum of investment markets

Romania will find itself in pole position when the engines of the world economy will be restarted after the crisis generated by Covid-19, as increasingly more foreign investors are willing to bet on Romanian business ideas, says Bianca Tudor, founder of Elite Business Women.

Cyprus to prepare three-stage coronavirus exit strategy

Cyprus' cabinet on Wednesday approved the island's lockdown exit strategy, which foresees the resumption of the operation of vital sectors of the economy in early May.

Speaking after the cabinet meeting, Finance Minister Constantinos Petrides said the exit plan consists of three stages, which extend until the end of 2021.

Monitoring the side effects

Relief measures are hammered out under emergency conditions. There is no time for thorough preparations and for this reason it is only natural that there will be problems after they are rolled out. 

This has been demonstrated again as the government introduced measures to curb the economic impact from the coronavirus pandemic.

The Total Business Climate Indicator Decreases by 3.7 Percentage Points in Comparison with February

In March 2020, the total business climate indicator decreases by 3.7 percentage points in comparison with February which is due to the worsened business climate in industry, retail trade and service sector, NSI said in a press release.

Industry

Iohannis: PSD keeps desperately clinging to power mechanisms, 2020 - a turning point

President Klaus Iohannis said on Wednesday that the Social Democratic Party (PSD) continues to "desperately cling" to the power mechanisms and insists on thwarting reform initiatives; the President also stressed that 2020 is a decisive year.

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