x

Economy

Greek Enterprises Lost 13.1 Billion Euros in Revenue in Q3

January 15, 2021

ATHENS — Greek enterprises suffered revenue loss of 13.1 billion euros in the third quarter of 2020, with November losses -after the second lockdown- totaling 1.6 billion euros, Hellenic Statistical Authority said on Friday.

The statistics service said that accumulated turnover in the third quarter of 2020 totaled 69.807 billion euros, down 15.8 pct compared with the same period in 2019, with the biggest losses recorded in hospitality (50.4 pct), while on the other hand mining enterprises lost only 0.8 pct. Enterprises in the public sector/defence and mandatory social insurance recorded a 10.6 pct increase in turnover. A total of 205,984 enterprises were put into temporary suspension of operations in March 2020.

Their turnover fell 33.1 pct to 7.1 billion euros in the third quarter. Enterprises in the hospitality sector suffered the biggest turnover decline (61.6 pct) in the third quarter, while social welfare companies recorded the smallest decline (6.5 pct). On the other hand, enterprises in the education sector recorded a 2.2 pct increase in turnover.

RELATED

ATHENS - The Greek economy grew by 2.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Warnock or Walker? Georgia Runoff to Settle Last Senate Seat

ATLANTA — Georgia voters on Tuesday are set to decide the final Senate contest in the country, choosing between Democratic Sen.

Back in January, 109 container ships waited off the California coast to unload cargo in Los Angeles and Long Beach, the nation's two largest ports.

NEW YORK – The major American news outlets watched with great interest as the historic Vespers at St.

NEW YORK — In 2022, the story of book publishing was often the industry itself.

NEW YORK — The Rev. Al Sharpton has been called a lot of names in his public life: a hustler, a racist, an opportunist, a fraud, a rat, a jester.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.