ECONOMY

Greek business turnover posts major increase in Q1

Greek business turnover posts major increase in Q1

Greek enterprises’ turnover grew by almost 22.2 billion euros in the first quarter of 2022, totaling €88.28 billion, from €66.11 billion in the same period last year, the Hellenic Statistical Authority (ELSTAT) said on Tuesday.

More specifically, enterprises in the entertainment/leisure sector recorded a 315.1% jump in turnover, while media/communications showed the smallest increase (5.3%).

For the total of 223,371 enterprises ordered to suspend operations in March 2020, accumulated turnover jumped 83.2% to 5,305,441,000 euros.

Enterprises in cinema, recording and TV programs saw their turnover soar 876.5% in the same period.

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