Features
Greece’s M&A market stagnates during recession
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Mergers and acquisitions (M&As) are an important element to corporate growth but one that Greece appears to be lacking.
Greece’s downstream oil industry adapts to shifting demands
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If the average person were asked to guess what Greece’s top export is, they might say olive oil or feta. They’d be wrong. It is refined petroleum.
Greek Pharmaceuticals: The little pill with big potential
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The Greek pharmaceutical industry has remained a relatively strong sector despite the crisis - it contributes around 2.8 billion euros to GDP annually, according to the Greek government, and is one of the few industries in Greece which expanded its companies and workforce during the crisis rather than reduced it.
Greece’s embattled commercial steel market industry braced for more challenges
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China’s steel export profile was among the topics discussed at the latest G20 meeting in Hangzhou. China in recent years has emerged as a powerhouse of cheap steel production, to the detriment of the rest of the world.
Can Greece learn to love renewable energy?
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Greece is one of the most fossil-fuel dependent countries in the European Union, and has struggled to shake off this label at a time when the production of energy from renewable sources is one of the fastest growing sectors in the world.
Greece's public healthcare in a muddled and troubled state
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Greece provides a universal free or low-cost public healthcare system to employees or the self-employed insured with the country’s social security system. However, plummeting government spending and rising unemployment have led to the country’s public healthcare landscape has taken a heavy beating.
Marinopoulos travails point to wider difficulties for supermarket sector
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It’s been a dramatic days for the Marinopoulos, Greece’s biggest supermarket chain. The company filed for protection from its creditors last Tuesday amid 1.3 billion euros of debt, an unprecedented amount for a Greek company. A court granted it temporary respite on Friday.
Greek tourism: Hopeful yet uncertain for 2016
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After a bumper tourism year in Greece last year, where an estimated 25 million visitors beat the grim economic climate of the country to visit in droves, the 2016 season has started out painting a more mixed picture.
Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
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Last week, electronics retail chain Elektroniki Athinon declared bankruptcy, citing a combination of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek economy by foreign suppliers as causes.