Features
DESFA transfer complete as HRADF heads for record year in privatisation revenues
A major privatisation reached its conclusion on Thursday with the transfer of the Hellenic Gas Transmission System Operator (DESFA) to its purchasing consortium.
Greece rises through the ranks for LNG transport tankers
Greece is consolidating its position as an LNG transporter with the number of tankers rising noticeably in recent years, according to data from several sources.
New strategic investment framework unveiled, faster licencing and tax breaks promised
A new strategic investment framework was presented yesterday by Economy Minister Yiannis Dragasakis aimed at fast-tracking investments into Greece.
Greek tax rate hikes among highest in OECD countries, tax report shows
The OECD’s annual Revenue Statistics report on tax has revealed that Greece’s tax to GDP ratio increased by 0.6 percentage points (pps) between 2016 and 2017, making the country’s tax rises among the highest out of 36 OECD countries surveyed.
Greek tourism building strength but needs to diversify, PWC study finds
PWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential.
What Greece imports and why
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It’s a point that is often touched upon regarding the makeup of Greece’s economy that the country imports far outweigh its exports, and have done so historically.
Greece drops to 72 in Doing Business index as long-term problems persist
The latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide.
New details reveal what may have led to discrepancy in Athens Airport concession price
Sources at the Hellenic Republic Asset Development Fund (HRADF) admitted this week that the initial price of the Athens International Airport (AIA) contract had been too low based on outdated parameters.
Greece 57th in WEF's Global Competitiveness Index based on new methodology
The World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell four places in a year, standing at number 57.
Privatisation revenues edge upward as end-of-year deadline looms
With three quarters of the year now gone, the Greek government still has much ground to cover in order to meet its privatisation target of around 2 billion euros in revenues across the full year.