Surge in New Business Openings in Greece as Entrepreneurs Seek Innovative Ventures
In 2024, Greece saw the registration of 63,000 new businesses, marking an increase from 58,200 in 2023, with a notable rise in retail and food service sectors. Many aspiring entrepreneurs are turning to small retail businesses to navigate the economic landscape, despite the associated risks. However, the manufacturing sector has shown sluggish growth with only 2,500 new registrations. The total number of business closures reached around 22,200, indicating a challenging environment for new ventures.