Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct
HRADF development plan reviews privatisation actions for the rest of the year
VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
Retail sector struggles through pandemic
Grim picture in labour market obliges govt to provide more job support schemes
New data highlights pandemic impact on enterprises as turnover falls sharply
Greek competitiveness rank remains low as tax, bureaucracy create obstacles
Greece has dropped one place in this year’s Global Competitiveness Index (GCI), standing at 87 overall out of 137 economies. The 87th spot was occupied by Algeria last year, which this year moved to number 86.
The annual report, compiled and released by the World Economic Forum, tracks the performance of almost 140 countries against 12 pillars of competitiveness. It assesses the factors and institutions identified by empirical and theoretical research as dete...
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