Trade with Greece - 2011 - page 135

The picture of the cooperative sector today is, on
the whole, the following:
• Cooperative enterprises:
according to
Agricultural Bank data, there are 28 enterpris-
es with turnovers of more than €12 million.
State agency estimates put the number of
enterprises with positive prospects to only 12.
65 enterprises have turnovers of less than €12
million. 16 of these enterprises show negative
results and negative equity, 22 show negative
results, but not negative equity (in other words,
they do have prospects and are viable), while
the remaining 27 have positive prospects.
• Cooperative organizations:
in theory, based
on data from the Single Courts of First
Instance and the Registers of PASEGES,
there are almost 6,200 first-degree coopera-
tive organizations, 115 Unions of Agricultural
Cooperatives (UACs - second-degree organi-
zations), 22 joint ventures, 11 cooperative
firms and 7 central cooperative unions.
Out of 6,200 Cooperatives, 3,266 are listed in the
register. Out of 115 UACs, only 80 offered infor-
mation, while approximately 1,000 had zero
turnover during the previous year.
The new CAP
An agreement on the contents of the Common
Agricultural Policy’s reform is expected by next
July in Brussels; however, the dire overall fiscal
Trade with Greece
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