Greece'S Textile Industry Orders Continue To Slide
At the end of 2011, the textile sector in Greece was very poor.
Situation
Output fell by 18%, while orders in the domestic market also fell by 20%.
At the meeting of the Council of the Greek Textile Industry Association held on 30 November, it was also confirmed that negative trends dominated the export market. After the optimism period in early 2011, the export of the textile industry in Greece dropped by 4-5% compared with last year.
According to the Greek Statistical Bureau, new textile products
Order
In September, the index dropped 26.1% in the domestic market and 17% in the export market.
However, in September 2011, the output of textile products dropped by 25.1% over the same period last year, down 18.9% in the 1-9 months of this year.
Among other measures of the Greek Textile Association, it seeks to cancel the emergency assets tax, which is charged by small and medium-sized units. The tax is levied through electricity charges. In the next two years, the social security contribution of commercial units will be reduced by 50%.
business
The unit has no debt in this respect.
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