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.
A major privatisation reached its conclusion on Thursday with the transfer of the Hellenic Gas Transmission System Operator (DESFA) to its purchasing consortium.
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.
A new strategic investment framework was presented yesterday by Economy Minister Yiannis Dragasakis aimed at fast-tracking investments into Greece.
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.
PWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential.
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.