Hellenic Statistics Authority: Business bankruptcies increased by 83.2% in 2025 β How many shut down
In 2025, Greece experienced an alarming 83.2% increase in business bankruptcies, as reported by the Hellenic Statistical Authority.
In 2025, the Hellenic Statistical Authority reported a dramatic rise in business bankruptcies, with numbers soaring to 557 compared to 304 in 2024, marking an unprecedented increase of 83.2%. This trend reflects a growing concern regarding the stability of businesses across various sectors of the economy, suggesting underlying economic challenges that need to be addressed.
Particularly alarming is the data from the fourth quarter of 2025, which witnessed 161 business bankruptcies, representing a staggering 103.8% rise from the same period in 2024. This significant escalation highlights not only the pressures facing businesses but also the potential impact on employment and economic growth, leading to further questions about the sustainability of the current economic model.
On a more positive note, 2025 also saw an increase in new business registrations, with 140,229 entities starting operations, a rise of 5.8% from 2024. This could imply a dynamic entrepreneurial spirit within Greece despite the challenging environment, indicating that while many businesses may fail, there is a growing number of new ventures entering the market, which is critical for economic renewal.