The European Commission’s (EC) update on its enhanced surveillance report on Greece, released on April 3, contains a number of points including the current state of play with privatisations.
Property investments from overseas parties have picked up in recent years in Greece, as illustrated by figures from the Bank of Greece (BoG) which showed that 1.35 billion euros worth of foreign property investments were made in Greece in 2018.
The EastMed pipeline project is approaching another milestone, with a summit due to take place between Israel, Cyprus and Greece in Jerusalem on March 20.
A study by the Institute of the Greek Tourism Confederation (INSETE) has projected that international tourist arrivals could drop by up to 7 percent in 2019.
A survey by Grant Thornton Greece commissioned by the Hellenic Chamber of Hotels has indicated the alleged impact of the short-term rental market in Greece.
The Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges faced by Greek SMEs from 2014 to 2017.
The Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest.
A study by the Dianeosis thinktank has shown that Greece’s export sector is hampered by public administration, structural barriers and introversion, and recommended several measures for both policy-makers and businesses.
A study by IHS Markit which analysed the various growth policies and factors that could contribute to Greece’s future long-term economic growth found that raising foreign direct investment (FDI) is the most vital element.
Data from the General Commercial Register database (GEMI) has shown that 2018 was a bumper year for companies being launched in Greece compared to companies being closed with the highest balance on their records.