Greece enjoyed a record year for exports in absolute terms according to research released by the Panhellenic Exporters Association (PSA) combining data from the Hellenic Statistical Agency (ELSTAT).
The Greek hotel sector reported strong performance in 2019 with revenues rising by 7.3 percent year-on-year (YoY) according to data presented by the Hellenic Chamber of Hotels (HCH).
The creation of new enterprises in Greece is the lowest in the European Union (EU) according to data from Eurostat, tracking the growth of new businesses in 2017.
Greece’s retail market suffered a loss of over 14 billion euros across the crisis years according to data presented by the Hellenic Confederation of Entrepreneurship and Commerce (ESEE).
Greek exports appear to be undergoing a slowdown according to the latest export figures available, showing that in 2019, exports of goods grew by only 1 percent year-on-year (YoY).
Data from the General Commercial Register database (GEMI) has shown that the number of companies launching as opposed to closing hit record levels in 2019.
Recent announcements promise a radical shake-up of the Greek power sector, with the government pledging to put the country among the global leaders in the transition to a zero-carbon economy.
The Hellinikon project appears to have run into delays again as complications have arisen in the tender for the permit to build a casino resort on the site of the former Athens airport.
A working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has shown that the phenomenon continues to persist in the Greek economy.
The Bank of Greece (BoG) Financial Stability Report for December has shed light on a number of fiscal trends in Greece, including the rise in card transactions in 2019.