MacroPolis

Government looks to boost business-friendly credentials with visits, progress on investments

Prime Minister Kyriakos Mitsotakis is travelling to Paris on Thursday for a meeting with President Emmanuel Macron.

EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments

The European Commission (EC) issued on Tuesday its regular spring forecasts for 2019, which showed that it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2 percent in the autumn forecast, and in line with the interim winter forecast.

Detailed SME study shows crisis impact and business evolution

The first annual survey of small and medium-sized enterprises (SMEs) carried out by the Institute of Small Business of the Hellenic Confederation of Professionals, Craftsmen and Merchants (IME GSEVEE) has illustrated the challenges faced by SMEs in recent years and called for measures to support them.

Record year for company launches in 2018, small enterprises continue to dominate

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.

Greece rises through the ranks for LNG transport tankers

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.

New strategic investment framework unveiled, faster licencing and tax breaks promised

A new strategic investment framework was presented yesterday by Economy Minister Yiannis Dragasakis aimed at fast-tracking investments into Greece.

Greek tourism building strength but needs to diversify, PWC study finds

PWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential.

European Commission approves 2019 budget, urges focus to meet end of year reform goals

As part of the European semester package, the European Commission issued on Wednesday the first report for Greece under the enhanced surveillance framework that came into effect following the conclusion of the European Stability Mechanism (ESM) programme last August.

What Greece imports and why

By: Omaira Gill

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.

EC autumn forecast lowers growth for 2019 on pending budget finalisation

The European Commission (EC) issued on Thursday its regular autumn forecasts for 2018, the first forecast since 2010 that Greece is not in an adjustment programme.