Global Analysis from the European Perspective. Preparing for the world of tomorrow

Greece: Number and turnover of retail SMEs on the wane

The turnover of small and medium-sized retail companies in Greece has been shrinking at an annual rate of 5 percent since 2013, while the number of shutdowns in the period from 2008 to 2013 reached 30,000. This translates into a 16 percent total reduction in shops, climbing to 28 percent in Attica, a National Bank of Greece report on retail sector SMEs showed on Wednesday. Source Kathimerini

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