MacroPolis

Mitsotakis showcases digital successes in drive to attract inward investment

Since coming to power in July 2019, the New Democracy administration has been promoting an economic growth agenda based on attracting digital and green investments, and it is now able to point to the launch of a number of flagship projects.

EIB investment survey points to diminished investment appetite

The European Investment Bank has released its annual investment survey, showing that for the first time since the survey started five years ago, investment sentiment has largely turned negative across the European Union.

Exporters focus on new markets to weather pandemic

Greek exporters are continuing their efforts to ride out the coronavirus pandemic and its second wave by looking at how to change their export profile and tap into new export markets.

Many obstacles to clear in Greece's digital leap

By: Georgia Nakou

Announcing the establishment by Microsoft of a regional cloud computing hub in Greece, Prime Minister Kyriakos Mitsotakis said that his government was focussing on “the digital transformation of government and the economy” as a critical step in achieving “Greece’s leap into the future, placing Greeks among the winners of the 4th industrial revolution”.

Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows

Research by the ICAP group has looked into which areas of the economy were hardest hit by the pandemic and estimates that many businesses will see a notable drop in revenue compared to 2019.

Growing concerns over second lockdown in food service sector, a key employer

Greece’s catering sector is bracing for the impact of new measures to contain the virus and sounding the alarm that the industry cannot survive a second lockdown.

Microsoft deal welcomed as Greece vies for more foreign investments

Microsoft has announced plans to create three data centres in Greece in a much-needed boost for the country’s investment profile as part of its "GR for GRowth" initiative.

Greek businesses under pressure due to late payments, survey shows

Intrum has released its latest European Payment Report (EPR) which outlines how late payments impact the business outlook across Europe.

Trade deficit falls by 17.1 pct in July

Greece’s trade deficit fell by 17.1 percent year-on-year (YoY) in July compared to a drop of 10.3 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed.

Data shows export market shake-up amid pandemic

Greece’s exports have been impacted by the pandemic, though not all markets were hit in the same way according to the latest data.