AI use among Greek businesses surged by 55% in a single year, with 34% now systematically employing the technology.

A growing number of Greek café and restaurant chains are boldly expanding abroad, no longer driven by necessity, but by strategy.

The Greek e-Commerce Association insists the fee’s proceeds must be earmarked exclusively for the digital transformation of Greek businesses and for strengthening their online presence abroad.

With this planned adjustment, total social security contributions will have fallen by 5.9% since 2019, bringing the rate down to 35.66%—closer to the European Union average.

The SBE has repeatedly highlighted that while other European countries support their industries against energy price shocks, Greece lags behind.

Out of 38 countries tracked by Eurostat, only Montenegro ranks higher in terms of the number of new businesses opened.

Greek SMEs lag behind respective EU27 SMEs in terms of digital transition and competitiveness.

Recruitment and workforce development have become increasingly problematic, with 89% identifying them as an issue

Office rental rates also moved upward in 2024, albeit at a slower pace. Across all office categories nationwide, nominal rents increased by 1.9%.

The survey included 502 small business owners and self-employed professionals, highlighting the ongoing struggles of small enterprises in Greece.

According to the report, business registrations across all economic sectors for the year 2024 reached 132,507, marking an 18.3% increase compared to 112,002 in 2023.

The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.

So far, 580,955 professionals and small businesses have registered for the free app ‘timologio’, an electronic invoice system, to issue their documents, which will now also be available as a mobile app.

Despite this poor performance, Greece has seen a significant annual growth of 5.83% in artificial intelligence (AI) adoption, nearly tripling its percentage within a year

SEV’s president is also expected to emphasize the need for clear, streamlined licensing processes and structural issues that hinder the industry.

As artificial intelligence (AI) continues to revolutionize industries globally, its integration into business operations is becoming increasingly essential for competitiveness and growth. However, in Greece among other countries, a significant divide is emerging between larger companies and small businesses in their access to AI technologies, despite the criticality of small and medium-sized enterprises (SMEs) which […]

The data concerns companies maintaining double-entry bookkeeping, and for which monthly data are available.

The small and medium-sized businesses in Greece (56.2%) are marked by extremely low digital intensity, only beating Bulgarian and Romanian enterprises

This could result in even higher costs, which are likely to be passed on to consumers, though the exact impact will depend on the duration and intensity of the unrest.

Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments.