Features
New data highlights pandemic impact on enterprises as turnover falls sharply
The Hellenic Statistical Authority (ELSTAT) has released a set of data showing the impact of the coronavirus pandemic on businesses in Greece.
Tourism numbers continue to worsen as worries grow over second Covid-19 wave
As Greece moves into its summer high tourism season, the industry continues to warn of a lost summer in terms of revenue, as cautious tourists stay away.
R&D and innovation remain low in Greece, OECD finds
The OECD 2020 report on Greece highlights a persisiting lack of R&D and innovation in the economy and lower productivity compared to other countries.
Hoteliers staring at big drop in turnover as liquidity calls grow
The Hellenic Chamber of Hotels (HCH) has released its latest survey regarding the impact of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel market has shown little sign of recovery as the summer begins.
Contribution made by privatisations to GDP since 2010 underlined in new study
Greece’s Foundation for Economic and Industrial research (IOBE) has presented a new study which shows that between 2011 to 2019, privatisations provided an important boost to annual GDP.
Survey shows investor interest remains solid
A survey by Ernst and Young (EY) has revealed that investor interest in Greece has remained steady throughout the coronavirus pandemic.
Most businesses think two years needed to overcome Covid-19, expect more govt assistance
Naftemporiki newspaper in collaboration with polling company Rass and Forum2020.gr have released a study illustrating the thoughts of businesses on the coronavirus pandemic in Greece.
OECD forecasts unemployment increase into 2021
The OECD has released its employment outlook for 2020 in the context of the coronavirus crisis, highlighting the impact that the pandemic will have on the global job market.
Multiple fronts and falling revenues pose pensions challenge for government
The government is facing a complex landscape in dealing with Greece’s long-standing pensions issue, exacerbated by the latest challenge of declining revenues and an impending back payment ruling.
Covid-19 lockdown, slump suppress electricity demand and edge out lignite
By:
Electricity consumption in Greece plummeted by -9.8 percent in April compared to the same month last year due to the emergency pandemic measures and economic slowdown.