Local business landscape too fragmentary

In 2020, when the coronavirus pandemic started, the number of active businesses exceeded 1 million and rose to 1,012,019 from 984,001 in 2019. Of these, almost six out of 10 enterprises – i.e. 595,378 – did not employ any staff. Of all active businesses, 95% or 965,874 employ 0-9 employees. The data highlight some of the problems of Greek entrepreneurship that are not a consequence of the crises but are timeless. In 2020 a total of 3,691 such businesses were active, which in the same year employed almost 8% of their total number of employees in their Greek activities. The number of subsidiaries of foreign companies operating in Greece is significantly small. . . .