Key Findings
- Greece’s Subnational B-READY results highlight meaningful progress toward a more transparent, predictable, and efficient business environment. Strong legal frameworks and digital platforms provide a solid foundation, but the next phase of reforms must focus on furthering digitalization, operational consistency, interoperability, and capacity-building at the municipal level.
- Business Entry remains Greece’s strongest-performing area, especially in terms of regulatory quality. Company registration is fully digitalized through the e-YMS platform and takes two days.
- Utility connection times vary by service. Electricity and water connections, which both require infrastructure and excavation work, range from 71 to 124 days for electricity and 40 to 99 days for water. Realizing internet connections takes only 5 to 15 days thanks to simpler installation rather than a difference in regulation or quality compared to electricity and water.
- Business Location systems are modernized through reforms in the Hellenic Cadastre and e-adeies platform but differ in efficiency. Property transfers take between 56 and 213 days, and building permits from 73 to 120 days, with slower processes in Heraklion.
- Dispute Resolution data present lengthy litigation times, ranging from 905 to 1,410 days, and limited use of digital procedures. Larissa stands out for efficiency due to its time saving procedures and reliable courts and arbitration, whereas Athens struggles with heavier caseloads.
- Business Insolvency in Greece has a sound regulatory framework, but mixed efficiency performance, with liquidation taking between 32 and 54 months while reorganization takes eight to 21 months.
