The first quarter of 2012 was the first during Greece’s ongoing crisis that saw more enterprises shutting down than opening, according to figures released on Tuesday by the Development Ministry’s General Secretariat for Commerce.
Data showed that 8,361 new enterprises went into business in the January-March period, while 10,315 ceased operation.
Up until the end of 2011, start-up businesses had continued to outnumber those closing down in spite of the difficult economic conditions.
The General Secretariat noted yesterday that the ‘One-Stop Shop’ service for establishing new enterprises has been up and running since April 4, cutting the cost for start-ups by up to 61.7 percent.
Two people are in intensive care and another 11 are being treated for minor injuries after an explosion in a taverna on the island of Salamina, off the coast of Piraeus, on Sunday morning.
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A bomb went of on the street where the Greek embassy in Tripoli, Libya, is located but the building was not damaged and there were no injuries, the Foreign Ministry said on Saturday.
"This l...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
Certain people have created a monster and now, when they observe it, they wonder what it is. Golden Dawn, along with all its slogans and behavior, is the work of many, not one single person....
The country has a unique opportunity to turn the page. Society has displayed incredible maturity and responsibility, despite all the hardships. Reforms which had been under discussion for de...
