IOBE
Business
Greek Economy on Downward Slope in May, Despite Slight Improvement in Some Sectors
The Greek economy went again on a downward slope in May, according to a survey by the Foundation for Economic & industrial Research (IOBE).
The economy index fell to 91.4 points, compared to 92.7 points in April. The new, negative...
Greece
Greek Parliament Investigating Committee on Memoranda Unveils Witness List
The Parliamentary investigating committee set up to examine the causes of the Greek crisis and the reasons that the country was pushed into accepting bailout Memoranda, unveiled a list of witnesses on Wednesday that it hopes to summon,...
Economy
Morgan Stanley: Greece Must Simplify Investment Framework
Greece needs to simplify the institutional framework to allow investments and remove the obstacles when investing in land and property, Vice Chairman for Global Capital Markets at Morgan Stanley Reza Moghadam said on Wednesday at an event organized by the Athens-based...
Economy
Film Industry Could Lead to Greek Economy Growth
A new study conducted by the Foundation for Economic and Industrial Research (IOBE) think tank and the Hellenic Film Academy (HFA) suggests that Greece needs to offer incentives to domestic and foreign film production companies so that they wish to shoot within the country....
Greece
Ferry Sector Suffers from Rising Costs and Flagging Demands
Coastal shipping in Greece is in danger as companies face serious financial problems in recent years, according to a survey by the Foundation for Economic and Industrial Research (IOBE) presented on Tuesday in Piraeus.
According to Kathimerini daily, the survey...
Economy
730-Million-Euro Losses by Illegal Tobacco Trade
The Foundation for Economic and Industrial Research (IOBE) noted on Thursday that any efforts to raise taxes on tobacco products in Greece will only lead to further losses in public revenue as the illegal tobacco trade will extend.
According to data presented...
Economy
More Than a Third of Greeks Were Living in Poverty in 2013
Greece ranks fourth among the 28 EU member-states with the highest percentage of citizens living on or below the poverty line, according to figures released by the Hellenic Statistical Authority (ELSTAT) and published in a report by the Foundation for Economic...
Economy
IOBE Says Greek Economy Will Grow by 0.7%
The Foundation for Economic and Industrial Research (IOBE) reported on Wednesday that the Greek economy should grow by 0.7% this year but the increasing unemployment rate is likely to drop less than originally estimated.
IOBE, Greece's leading economic think tank, had earlier predicted a small growth for...
Economy
IOBE Survey on Structural Reforms
A survey commissioned by the Foundation for Economic and Industrial Research (IOBE) and The Boston Consulting Group, entitled “The role of structural reforms and the prospects of the Greek economy” found that Greece has yet to establish a strong...
Economy
Only 12% of Greeks Pay by Card
According to a survey by the Foundation for Economic and Industrial Research (IOBE), the use of debit and credit cards remains very limited in Greece. In fact, one in every three cardholders used them for transactions under 50 euros, with the average...