Features
BoG provides insight into Greece’s housing affordability problem
In its Governor’s Report for 2025, the Bank of Greece dedicated a section to the factors shaping house prices in Greece and the capacity of households to finance the acquisition of a home.
How Iran war is reshaping Greece’s economy
The war in Iran has entered its second month, precipitating what the International Energy Agency (IEA) describes as the “largest supply disruption in the history of global oil markets”.
Iran war creates turbulence for Greek tourism outlook
The Iran war has introduced a level of volatility into the Greek tourism sector not seen since the pandemic in 2020. Four weeks into the conflict, the effects are already visible: jet fuel costs have doubled, pushing airfares higher, while the paralysis of Middle Eastern aviation hubs has severed vital connections to the East.
Greek entrepreneurship by numbers: Micro-scale and macro impact
The latest data released by ELSTAT on the demography of Greek businesses for the year 2023 captures the idiosyncrasies of Greek entrepreneurship and adds valuable insight to the debate about Greek competitiveness and the efforts to boost long-term growth potential.
Concerns about insipid public consultation process highlighted by treatment of climate plan
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The track record of public consultations in Greece leaves much to be desired in terms of public engagement and transparency, according to a study commissioned by a leading environmental think tank.
Great Expectations: Is Greece 2.0 hitting the target?
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Funding from the EU’s Recovery and Resilience Facility has been central to shaping expectations of economic recovery in Greece as the country emerges from its ten-year economic crisis and the Covid-19 pandemic.
Record year for Greek tourism raises concerns about sustainability
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Greece received record numbers of visitors and income from tourism in 2023, marking a remarkable comeback from the lean years of the pandemic – but, beneath the surface, the figures give some cause for concern.
What is driving the Greek housing market's recovery?
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When it comes to Greek house prices, there’s good news and there’s bad news. On the one hand, some read the recent rebound in property values almost to pre-crisis levels as a sign that the Greek economy is returning to normality after the decade-long financial crisis.
Record FDI flow into Greece raises bar, but is it sustainable?
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Greece has reported record flows of inward investment in 2021 and looks set to exceed the amount again in 2022.
Balance of payments shows shipping on course for bumper year, but economic benefits unclear
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Shipping provided the one bright spot in Greece’s trade balance in May, with transportation contributing 2.16 billion in receipts, compared to 1.44 billion the same month last year, an increase of 50 pct