BUSINESS Business 1704pwc_epix-thumb-large

An end to zombie companies


The new bankruptcy code to be published for public consultation this week makes company board members liable for civil damages in case they fail to file for bankruptcy within the delays prescribed by the law.

BUSINESS portocarras

Porto Carras resort sale imminent

Technical Olympic, the owner of the Porto Carras resort, on Monday announced that financial details of the resort’s sale to Belterra Investments, owned by Greek-Russian businessman Ivan Savvidis, will become available at the end of September for an audit by an independent consultant.


BUSINESS Transport skoda-citigo-e_iv-2020-1600-03-1-thumb-large

Subsidies for electric vehicles

Individuals, taxi drivers and companies, of any size, can apply online from Monday for a state subsidy on a new electric vehicle. The platform,, opened at 5 p.m. on Monday, the Ministry of Environment and Energy said.



Gov’t to make it easier for employees in 'vulnerable groups' to work from home


A government decision already in effect makes it easy for private sector employees belonging to so-called ‘vulnerable groups’ with regard to the coronavirus to ask to work from home so as not to come into contact with the public. A simple phone call, email or SMS to the boss should suffice, unless the employer can prove that work from home is not feasible. Even then, employers have to make arrangements to ensure the safety of their employees, failing which they will face hefty fines. In the coming days, the government will issue directives specifying the vulnerable groups and the medical documents required as proof.