The output value of the Greek textile industry fell by .%

According to the results of a survey of 65 major textile companies by the Greek Statistics Bureau, the production and operation conditions of the Greek textile industry deteriorated seriously in 2010, and the output value of the textile industry fell by 18.8% year-on-year from January to May. In 2009, the industry’s output value dropped by 27.7%. 35 out of 65 companies were profitable, with a total profit of 15.6 million euros, and 30 companies suffered losses, with a total loss of 129.8 million euros.