The situation for the real economy and small enterprises goes “from bad to worse”, according to IME GSEVEE survey for the first half of 2014. Two out of three small and medium-sized enterprises found that during this half their turnover, demand, and orders, have been decreased, while the overall fall in turnover on an annual basis (July 2013- July 2014) decreased by 20% and since the beginning of the crisis it has reached 74%. One out of five small and medium-sized enterprises that until now has endured estimates that there is a great risk for it to stop operating until the end of the year, and, thus, closures will come close to 15.000.

The situation for micro enterprises is more dramatic as more than half of them say that they will be at the risk of closure within next half. The outlook on employment, in enterprises’ finance, liabilities and debts is similar.

Noteworthy, as far as the political situation is concerned, 72,5% of entrepreneurs says that none out of the existing political parties does represent its interests, a figure increased by 12% compared to July 2013 survey. In small and medium-sized entrepreneurs’ choices, SIRIZA (Coalition of The Radical Left) comes first, New Democracy comes next, while the outlook one year before (July 2013) has been the other way round with Nea Dimokratia (New Democracy) coming first.

IME GSEVEE

MARC S.A.