Research

Entrepreneurship

How much revenue did a Greek business that publishes no financial statements have? The Repayable Advance tells you

The amount of the Repayable Advance, Greece's Covid-era business support, is public and was calculated from revenue. Multiply it by 15 and you have, roughly, 2019 revenue. With a correction for rounds and sector, it gets the order of magnitude right in 3 out of 4 businesses.

· 7 min
Tourism

Revenue of Greek accommodation runs four times faster than overnight stays

Second quarter of 2026 in Greece: accommodation revenue +6.1%, overnight stays +1.7%. The division gives €70.59 per overnight stay, up from €67.64 last year. At the same time food service revenue fell 2.5%.

· 5 min
Entrepreneurship

How many businesses open and how many close in Greece

In 2025, 84,031 businesses registered in Greece and 27,355 were deleted, a ten-year record for registrations. The first seven months of 2026 are 11.8% lower, but no sector is shrinking.

· 4 min
Public money

77% of EU structural funds in Greece do not go to businesses. Where they go

Of the €21.66 billion of the NSRF (ESPA) 2021-2027, the EU structural funds in Greece, 14.4% reaches private businesses. Transport gets 6.5 times more than health.

· 4 min
Entrepreneurship

How old are Greek businesses

Of the 1,045,469 active businesses in Greece, only 1.63% existed fifty years ago. One in three was founded after 2020.

· 2 min
Entrepreneurship

The EPE is finished and the IKE lost first place in Greece

Ten years of company formations in GEMI, the Greek business registry. Limited partnerships grew tenfold and have outnumbered private companies (IKE) since 2024. One in three companies from the 2016 cohort is gone.

· 5 min
Public money

Where Greece's €8.8 billion in farm subsidies went, 2023-2025

Half of the CAP beneficiaries in Greece get less than €1,400 a year. 0.23% get 17.1% of the money. And in 2025 one in three beneficiaries had a recovery.

· 7 min
Public money

Which Greek businesses get the €32 billion of public contracts

One in 28 Greek businesses won a public contract in two years. 1.1% of contracts share 73% of the money.

· 4 min
Entrepreneurship

Zombie companies in Greece: active on paper, dead in practice

More than 4 in 10 Greek companies founded in 2023 do not operate. One in four companies with share capital filed no financial statements at all for 2024.

· 4 min
People and connections

How many companies the average Greek is involved in

Four in five people with a role in a Greek company are in one only. But 2,132 people hold ten or more, and there the pattern reverses.

· 3 min
Digital presence

How many Greek companies have a real website

In GEMI, the Greek business registry, 80,357 companies declared a website address. I opened them all: half are dead. The final number is 5 in 100.

· 4 min
Real estate

Apartment prices in Greece doubled in six years

From €653 per square metre in 2019 to €1,341 in 2025, based on actual property transfers in Greece. Attica holds 66.4% of the value with 46.9% of the transactions.

· 4 min