IOBE

Six Out of Ten Greeks 'Barely Cope': Survey

The everyday lives of Greeks have not changed much since the country exited the bailout program last August, according to a new survey by the Foundation for Economic and Industrial Research (IOBE). IOBE is an independent research organization, established in...

New Report Claims Greece Can Expect 2.1% Growth in 2018

  As reports from Germany on Thursday appeared to link proposed Greek debt relief with growth rates, a think tank in Athens claimed the economy would again improve in 2018. Data from the Foundation of Economic and Industrial Research (IOBE) predicted 2.1 percent...

Heavy Taxation Discourages New Entrepreneurs in Greece – Report

Fewer entrepreneurs started new businesses this year, apparently due to uncertainty in the Greek market and to heavy taxation of the self-employed, said the Foundation for Economic and Industrial Research (IOBE), in its annual report on entrepreneurship that was...

Greek Households Continue Cutbacks on Basic Goods, Electronics, Fuel

Greek households continue to cut down on basic goods such as food, electronics and car fuel in order to meet their tax obligations to the State. According to data released by the Ministry of Energy and the Environment, in the...

Six in Ten Greek University Graduates are Paid Less Than €800 per Month

The salaries of six in ten university graduates in Greece are less than 800 euros per month, a Foundation for Economic and Industrial Research (IOBE) study says. The largest number of employees with a postgraduate or doctoral degree are employed...

Greek Economic Sentiment Index Down in May

Greek economic sentiment index fell to 93.2 points in May from 94.9 in April, but remained above last year's levels (90.1 points in May 2016), the Foundation for Economic and Industrial Research (IOBE) said on Thursday. IOBE, in a monthly...

IOBE: Greek Economy to Grow Only 1.5% This Year

The latest forecast from IOBE think tank estimates that Greece's economy will only grow by up to 1.5% this year, lower than initially expected due to the country's delayed bailout review. Initial projections by IOBE were at 1.5 to 1.8...

IOBE Forecasts Greece GDP Recession at 1% for 2016

On Wednesday the Foundation for Economic and Industrial Research (IOBE) released a gloomy report, predicting that Greece will suffer a contraction of 1 percent of its gross domestic product in 2016, according to ekathimerini.com. The IOBE stressed that Greece must...

Greek Think Tank IOBE Estimates 1.5%-2% Recession in 2015 for Greece

The Greek think-tank, Foundation for Economic & Industrial Research (IOBE) released its third quarterly report for 2015 on the current state and future of the Greek economy. The think tank highlighted that significant reforms must be undertaken for the Greek economy to recover, noting the...

Ferry Fares for Passengers Up 10% from Monday

Ferry companies on Monday announced a 10 percent hike in all ferry fares for passengers, while fares for vehicles are to remain the same. The hike was imposed after passenger fares were moved from the 13 percentVAT category to...