MacroPolis

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.

Greece drops to 72 in Doing Business index as long-term problems persist

The latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide.

Greece 57th in WEF's Global Competitiveness Index based on new methodology

The World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell four places in a year, standing at number 57.

The legal framework and latest developments in international investment arbitration

A much-anticipated judgment by the Court of Justice of the European Union in the Slovak Republic versus Achmea B.V. (Case C-284/16), on March 6 this year, ruled that the arbitration clause contained in Article 8 of the 1991 Netherlands-Slovakia Bilateral Investment Treaty (BIT) has an adverse effect on the autonomy of EU law.