Entrepreneurship

Banks are planning for new loan issues adding up to over 10 billion euros within the year, mainly to enterprises, provided of course that estimates for an improvement in the economic environment are confirmed.

Israel’s Mossad spy agency is putting the finishing touches on an investment fund that will invest in local startups starting at the end of this month, bankers told TheMarker.

The British Embassy and British Council will host the inaugural Innovation Week in Athens, which will showcase the best of UK innovation and highlight how the UK and Greece are working together in research and development. This series of events is designed to bring together creative minds, disruptive entrepreneurs and cutting-edge scientists from both countries.

ST PETERSBURG - Female entrepreneurship holds great potential for development of the economy and local communities, a round table on the potentials and challenges of female entrepreneurship, held in St Petersburg ahead of Thursday's opening of the St Petersburg International Economic Forum (SPIEF), was told Wednesday.

Being an entrepreneur is difficult. You don't have a steady income for a long time when you start up a company. Your opportunity cost is also very high if you quit your existing job to be an entrepreneur. You will have to work almost 24/7 to either establish a new market if your product is very innovative, or you spend the same amount of time and energy to get ahead of your competition.

In May 2017, the total business climate indicator increases by 3.2% in comparison with April as a growth of the indicator is registered in all observed sectors - industry, construction, retail trade and services, according to the National Statistical Institute.

Efforts to protect the vested interests of yesteryear while at the same time creating a new system of political and business entanglement are far from subtle.

The managers of the Greek stock market's blue chip companies heading to the Greek Investment Forum in the US this summer will be doing so in the best climate - pressure-wise - since June 2012.

Fewer Greeks are now considering setting up their own enterprise than was the case a year ago, while more and more people see it as a source of additional income rather than a main occupation, according to the annual entrepreneurship survey by Amway.

Youths in Turkey typically prefer to shop in malls, while people above the age of 50 tend to prefer shopping from small local business owners, according to research conducted by the Customs and Trade Ministry, daily Habertürk reported on April 5.