Related Keywords: Athens, Bibetsos, Greek textile industry, Modus Vivendi
The Greeks are trying to find their way to overcome the downslide in its textile and clothing industry.The prime reasons for their downslide is improper tax policy,loss of traditional industries and most importantly no secret concept to expand.
Athens had decided to set a uniform tax rate of 26 percent. Greece's business community is ,however,never sure of how much tax they would be asked to shell out, and this hinders companies from effectively planning their investments and costs.
