Sunday May 24, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
One in two SMEs at risk of closure

One in every two small and medium-sized Greek enterprises is facing the threat of closure within 2014, while for very small businesses the risk concerns two out of three, according to a Marc survey conducted for the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE) and presented on Tuesday in Thessaloniki.

Taking into account the anticipated creation of new enterprises, GSEVEE estimates that the net reduction in the number of businesses during this year will come to 27,000-30,000 out of the 65,000 that are at risk. If that estimate proves correct, some 47,000 jobs will be lost, including 30,000 salaried positions.

Although the forecast for closures is much more conservative than in previous years, this is due to the dramatic contraction the sector has already suffered rather than any prospect of recovery. Some 200,000 enterprises have ceased operating since 2009, according to moderate estimates.

ekathimerini.com , Tuesday March 18, 2014 (22:41)  
Hotel contracts with a Greek default clause
Listed firms have whisked away most of their cash reserves
Car sales drop a gear on VAT rate uncertainty
Bulk of loan requests comes from food service
Protesters torch trolley bus, clash with police in Athens
Around 40 hooded anti-establishment protesters threw petrol bombs and stones at riot police in central Athens on Saturday, setting fire to a trolley bus. Police fired teargas to try and cont...
Tsipras faces down radicals within SYRIZA over terms of deal
After a busy week of talks with European leaders aimed at securing support for a deal for Greece, Prime Minister Alexis Tsipras faces challenges on the home front amid tensions with SYRIZA o...
Inside News
SOCCER
Reds add Cup to league trophy with 3-1 win over Xanthi
Olympiakos completed a league-and-cup double on Saturday by beating Xanthi 3-1 in the Greek Cup final at the Olympic Stadium of Athens, that was more balanced than the final score suggests. ...
BASKETBALL
Olympiakos strolls past Korivos Amaliadas
Olympiakos completed the Basket Leagues semifinal line-up on Saturday after sweeping Korivos Amaliadas with a 2-0 score in the best-of-three quarterfinals. After winning 91-52 in Game 1 at ...
Inside Sports
ANALYSIS
Neither Grexit nor a dual currency will solve Greeces problems
A Grexit or the introduction of a dual currency is not a solution to Greeces problems. On the contrary, it would be a worst-case scenario for Greece in the short term. Only in the medium to...
COMMENTARY
First aid for the capital
The fact that the center of Athens exudes the stench of human waste is an undeniable truth, just like the fact that in late spring, one nostril smells blossoming bitter lemon trees while the...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Reds add Cup to league trophy with 3-1 win over Xanthi
2. Olympiakos strolls past Korivos Amaliadas
3. Protesters torch trolley bus, clash with police in Athens
4. Tsipras faces down radicals within SYRIZA over terms of deal
5. Police on standby after Roma dispute leaves one dead
6. Dog attacks seven people in Thessaloniki, including 13-year-old boy
more news
Today
This Week
1. Hotel contracts with a Greek default clause
2. Neither Grexit nor a dual currency will solve Greeces problems
3. Listed firms have whisked away most of their cash reserves
4. First aid for the capital
5. Tsipras faces down radicals within SYRIZA over terms of deal
6. New civil service assessment scheme focuses on rewards instead of punishment
Today
This Week
1. The Greek-German breakthrough that didnt come
2. Conspiracy madness
3. Greece came close to not paying IMF
4. National self-awareness put to the test
5. Albanian demarche raises concerns about possible territorial claims over Greece
6. Greek endgame nears for Tsipras as bank collateral hits buffers
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.