piraeus bank group

Small and medium-sized entrepreneurship: monitoring last decade's performance

The domestic small and medium-sized entrepreneurship seems to have overcome the very low performance during deep recession in 2011-2012 and continues to improve. The SMEs that survived the crisis seem to have improved their capital structure and enhanced their liquidity. However, the gradually increased efficiency, which is linked to business profitability, is still lagging behind the average 2007 level.

Source: Piraeus Bank Research, ICAP DATA