In what is seen as the first tangible sign of optimism, the number of new businesses created in Greece in 2017 was 5.7 per cent higher compared to 2016, while the number of business closures fell by 34.8 per cent.

According to data provided by the business registry of the Ministry of Economy, 30,077 new businesses opened in 2017, while 24,046 terminated their operation.

In 2016, the corresponding figures were 28,463 and 36,881 respectively.