SME business owners schedule Athens mobilization over costs

The full story

Small and medium-sized business owners in Greece have scheduled a protest mobilization in Athens at Syntagma Square for December 9, according to announcements made by the president of the Athens Professional Chamber. Organisers stated that this marks the first major business mobilization in a decade, prompted by severe financial pressures, high energy costs, inflation, and limited access to bank financing and funding programs. Business leaders highlighted the disparity between large corporations and smaller businesses facing shrinking turnovers and rising operational expenses. Proposals to support smaller enterprises include reducing VAT on essential goods down to the European Union average, funded by taxing bank dividends and refinery profits, alongside establishing tax fairness between small and large companies. No official government response was reported in the sources.

Timeline

1. Nov 6

   The Athens Professional Chamber announced a protest mobilization of small and medium-sized enterprises for December 9 at Syntagma Square.¹²