ECONOMY

Most firms are unable to pay their taxes

Seven out of every 10 entrepreneurs are finding it difficult or are unable to keep up with their tax obligations, while no more than 5 percent say they will definitely be able to pay their taxes, a survey by the Athens Chamber of Commerce and Industry’s Studies and Research Center showed on Thursday.

The other major problem enterprises are facing is the lack of access to bank funding, as 51 percent said they are unhappy with the response to their applications for funding.

Meanwhile the Athens Chamber of Small and Medium-Sized Industries said in a statement on Thursday that, according to its data, for every enterprise that is set up, four are shutting down.

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