• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
A white building with blue domes, located in Greece.

Challenges Persist for Entrepreneurs in Greece Despite Economic Reforms

05/19/2023
ATLANTIS LOGISTICS (DRC) SARL Strengthens DRC’s Position in Global Trade Through Reliable Logistics Solutions

ATLANTIS LOGISTICS (DRC) SARL Strengthens DRC’s Position in Global Trade Through Reliable Logistics Solutions

07/30/2025
Trezix: Transforming Global Trade with AI-Driven Orchestration

Trezix Software Pvt Ltd Nominated for Go Global Awards 2025

07/30/2025
Trezix: Transforming Global Trade with AI-Driven Orchestration

Trezix: Transforming Global Trade with AI-Driven Orchestration

07/30/2025
U.S. and China Conclude Stockholm Talks as Tariff Pause Remains in Effect

U.S. and China Conclude Stockholm Talks as Tariff Pause Remains in Effect

07/30/2025
DTI Sees Tariff Adjustment as Positive Step for Philippines

DTI Sees Tariff Adjustment as Positive Step for Philippines

07/30/2025
Charts and graphs showing business items and U.S. tariff shifts. - Supply Chain News

Analysts Monitor U.S. Tariff Shifts Amid Trade Talks

07/30/2025
Wall Street Eases Concerns as U.S. Tariff Levels Stabilize Below Expectations

Wall Street Eases Concerns as U.S. Tariff Levels Stabilize Below Expectations

07/30/2025
Trump Proposes Global Baseline Tariff Rate of 15–20 Percent

Trump Proposes Global Baseline Tariff Rate of 15–20 Percent

07/30/2025
1FC Invest Enterprises Nominated for Go Global Awards 2025

1FC Invest Enterprises Expands Financial Inclusion Across India with Tech-Driven Legacy Planning Solutions

07/29/2025
1FC Invest Enterprises Nominated for Go Global Awards 2025

1FC Invest Enterprises Nominated for Go Global Awards 2025

07/29/2025
M.A.R.S.A.T S.A: Advancing Romania’s Energy Infrastructure with Turnkey Engineering Solutions

M.A.R.S.A.T S.A. Nominated for the Go Global Awards 2025

07/29/2025
M.A.R.S.A.T S.A: Advancing Romania’s Energy Infrastructure with Turnkey Engineering Solutions

M.A.R.S.A.T S.A: Advancing Romania’s Energy Infrastructure with Turnkey Engineering Solutions

07/29/2025
supplychainreport
Thursday, July 31, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Challenges Persist for Entrepreneurs in Greece Despite Economic Reforms

by Richie
05/19/2023
in Global Trade, Trade Policies

YOU MAY ALSO LIKE

U.S. and China Conclude Stockholm Talks as Tariff Pause Remains in Effect

DTI Sees Tariff Adjustment as Positive Step for Philippines

Iphigenia Zachou’s entrepreneurial journey in Greece reflects the ongoing challenges facing business owners in the country. Opening a café and bakery involved navigating bureaucratic hurdles, including upgrading power lines and obtaining licenses from the culture ministry. Such complexities added seven months and $7,000 to Zachou’s startup costs, highlighting the need for reforms in Greece’s bureaucratic and politicized state.

Prime Minister Kyriakos Mitsotakis, in office since 2019, has aimed to revive entrepreneurship and attract back those who left during Greece’s economic downturn. However, bureaucratic inefficiencies and political influences still pose obstacles. Recent incidents, such as a train collision involving a fast-tracked stationmaster, underscore the challenges of addressing deep-rooted issues within the public sector.

While the New Democracy party claims progress in fiscal management, tax reductions, and economic growth, critics argue that the recovery relies heavily on real estate investments and tourism rather than sustainable job creation. Former Prime Minister Alexis Tsipras’s Syriza party criticizes the government for prioritizing growth without effectively managing wealth distribution.

Large companies, such as Sunlight and Gastrade, express confidence in Greece’s future and plan significant investments. However, the majority of Greek employment relies on small businesses and the self-employed. The government’s efforts to encourage mergers and co-operatives face challenges, particularly with rising energy costs affecting sectors like farming.

Despite progress, entrepreneurs like Zachou emphasize the need for the government to be an accelerator rather than an obstacle. The path to a more supportive business environment in Greece requires ongoing efforts to streamline bureaucracy, address energy inflation, and promote sustainable economic growth that benefits all sectors.

Your go-to for supply chain report news updates: The Supply Chain Report. For international trade tools, see ADAMftd.com.

#IphigeniaZachou #GreeceEntrepreneurship #BusinessChallenges #BureaucraticHurdles #KyriakosMitsotakis #NewDemocracyParty #EconomicGrowth #FiscalManagement #TaxReduction #SmallBusinessGreece #Sunlight #Gastrade #GreeceInvestments #PublicSectorReform #SyrizaCriticism #GreekBusinessEnvironment #SustainableEconomicGrowth #EnergyCosts #GreekStartups #PoliticalReform #BusinessObstacles #GreekRecovery #MergersAndCooperatives

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.