Untangling Red Tape, Athens 4th Best European City for New Business

ATHENS – Greece’s notorious bureaucracy, long infamous for long delays in granting licenses for business startups – and for bribery along the way – has apparently gotten so much better than the capital was ranked the 4th best European city to get a company rolling.

A survey by UK website Takepayments put only Cambridge, Tallinn and Warsaw above Athens for the speed to get a business going in as little as four days with only three procedures, said Kathimerini.

That has become especially critical during the COVID-19 pandemic as the New Democracy government is trying to lure foreign investors and get domestic companies out of the chute faster.

has picked Athens as the fourth best European city for business enterprise.

There has been a 182 percent in the number of businesses registered since 2006, the survey found, which is the second highest in its rankings, despite the closing of scores of thousands during a 2010-18 economic and austerity crisis.

Athens has also built a reputation, thanks to entrepreneurs and young, skilled professionals, for innovative tech-based businesses gaining good reviews, especiall in the travel and hospitality sectors.

The new Enterprising Cities Index by Takepayments, ranked 37 European cities based on a range of factors relating to enterprise opportunity and growth, with Athens showing surprisingly well in ratings.

The research reveals Europe’s most enterprising cities by calculating a city score based on factors including:

-The number of startup procedures and the amount of days required to start a business according to the UN data and the World Bank

-The number of new businesses registered based on the same source

-The percentage growth in interest in starting a business on Google

-Economic Freedom Index score on a national level in 2022 based on Heritage data



ATHENS — A little-known Greek anarchist group has claimed responsibility for an arson attack on an Italian diplomat's car at her home in Athens.

Top Stories


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.


Mitsotakis: Today’s Bill Comes to Define a New Field in Which Everyone Should Move

ATHENS - At the end of August 2022, I announced a legislative initative for the upgrading and modernisation of the protection, the operation of the security agencies and the operation of the communications and after the change in National Intelligence Service's (EYP) leadership and the establishment of double check to the legal intrusions," stated Prime Minister Kyriakos Mitsotakis addressing the parliament on Thursday during the debate on Justice Minstry's bill on the lifting of the communications confidentiality, cybersecurity and protection of the citizens' personal data.

The holiday season is swiftly upon us: gingerbread houses, eggnog, and festive parties with our nearest and dearest.

PERTH AMBOY — People are asking questions about a storm protection proposal for New York and New Jersey that would be among the most massive and costly flood control projects ever done in America.

NEW YORK. A delegation of the Diaspora Sector of Greece’s ruling New Democracy party visited New York City December 1-4.

WASHINGTON — The House gave final approval Thursday to legislation protecting same-sex marriages, a monumental step in a decadeslong battle for nationwide recognition of such unions that reflects a stunning turnaround in societal attitudes.

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.