Think-tank Expects 4% Growth for Greece in 2022

By admin 25 Οκτωβρίου 2021 No comment

Syntagma Square, Athens. Photo © GNTO/Y Skoulas The Greek economy is slated to grow at a rate of 4 percent in 2022, according to a quarterly review released by the Foundation of Economic and Industrial Research (IOBE). The IOBE, which forecast growth for 2021 at a rate of 8-8.5 percent, also said that its baseline scenario […]

Greek Think-tank Sees Slower Growth, Tourism in 2021

By admin 4 Φεβρουαρίου 2021 No comment

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Athens, Syntagma square. Photo: Visit Greece / Y. Skoulas Greece’s leading think-tank the Foundation of Economic and Industrial Research (IOBE) revised downward this week Greek government forecasts for a 4.8 percent rebound in 2021 lowering the projection to a 4-4.3 percent rate in its baseline scenario. The forecast, presented in the IOBE’s quarterly report, is […]

Greek Consumer Confidence Picks Up Marginally in December

By admin 8 Ιανουαρίου 2021 No comment

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Syntagma Square, Athens © Maria Theofanopoulou Greek consumer confidence appears to have picked up slightly in December after five months of continuous decline due to Covid-19 lockdown restrictions, according to the Foundation of Economic and Industrial Research (IOBE). More specifically, according to the influential think tank’s latest bulletin, the economic climate

IOBE: 2021 Greek Economy Rebound Hinges on Covid-19 Vaccine

By admin 27 Οκτωβρίου 2020 No comment

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The Greek economy is expected to shrink by 8.0 percent this year due to the Covid-19 shock and by 10 percent if a new lockdown is imposed, putting hundreds of jobs at risk once relief measures are stopped, the Foundation of Economic and Industrial Research (IOBE) said recently. The country’s top think tank said on […]

IOBE: Covid-19 Sends Greece Tourism Revenue Downward

By admin 20 Ιουλίου 2020 No comment

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Covid-19 is expected to lead to a 20 percent reduction in Greece’s tourism revenue this year compared to 18-19 billion euros in 2019, according to Nikos Vettas, head of the country’s leading think-tank, the Foundation of Economic and Industrial Research (IOBE). Addressing the “Post-Pandemic Recovery of Black Sea Economies” webinar organized last week by the […]

IOBE: Weaker Economic Climate for Greece in June

By admin 2 Ιουλίου 2020 No comment

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Athens, Greece The economic climate in Greece dropped in June to 87.6 points from 88.5 points in May, according to a study released by the country’s leading think-tank, the Foundation of Economic and Industrial Research (IOBE). According to IOBE, expectations in industry and services decreased slightly in June, while construction and retail trade showed signs […]