Focus on Greece

Greece: A remarkable economic recovery

After a decade of economic torment, acid reforms and mounting sacrifices that cost the country half a million brains, Greece seems to have finally got back on its feet.

According to the European Commission (EC), Greece’s economy should grow by 2.4% in 2020 — a figure considerably higher than the 1.4% predicted for the European Union (EU) as a whole……

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Articles

In ancient times, Delphi was home to Greece’s most authoritative oracle, who people from around the world would consult about important challenges facing them at that time. Today, the tradition of t...

In 2018, Greece successfully exited its third and final bailout program, after having been forced to demand an astronomical €289 billion in financial assistance from the EU, European Central Bank an...

  Prime Minister Kyriakos Mitsotakis has taken the bull by the horns and embraced reforms that are driving Greece toward a confident and optimistic future. Since July 2019, when Greece elected a ...

“Greece means so much more than sea and sun — it provides an intriguing combination of culture, history, gastronomy and outstanding beauty,” says Harry Theoharis, Minister of Tourism....

Named by Condé Nast Traveller as one of the world’s top-12 destinations for 2020, Peloponnese is a stunning region at Europe’s southern tip that demands to be explored. A major draw is the region...

Last year’s high-profile survey of Greek emigrants entitled “Brain, Drain and Gain” by accountancy giant KPMG, revealed many young people who left the country during the financial crisis would e...

Scattered in the calm, sapphire-blue sea off the western coast of mainland Greece are the lush, green and incredibly photogenic Ionian islands, the most famous of which — Corfu, Kefalonia, Ithaca, Z...

With 50 years of presence in Greece together with its partner Coca-Cola HBC and an economic contribution estimated at €2 billion or 1.1% of gross domestic product for 2018, Coca-Cola in Greece is no...

Nested by the Mediterranean Sea within close distance of its neighbors North Macedonia, Turkey, Bulgaria and Albania, the modern and multicultural capital of Central Macedonia is emerging as a center ...

"After almost 10 years of recession, the Greek economy has stabilised and started growing again. The economic conditions have been gradually improving since 2018 after the exit from the bailout progra...

OSE SA is the National Railway Infrastructure administrator, according to legislative framework of 2010, having the responsibility of railway infrastructure maintenance (track, technical works, buildi...

In his visit to the country last year, U.S. Secretary of State Mike Pompeo saluted “a new era” in relations with Greece, describing the country as a pillar of stability in an ever more turbulent r...

“In the last two years, we have attracted 78 film productions from the U.S., South Korea, China, Turkey, Israel, the U.K. and eight other European countries. The making of television series is also ...

“The Hellinikon Project is just one example of increased international interest in Greece,” says Panos Papazoglou, managing partner of EY in Greece, part of the globally leading firm for assurance...

Athens Metro’s first line was built in 1869, with Lines 2 and 3 following in 2000. In 2012 an extension of Line 2 opened, an expansion of Line 3 is nearly finished and a contract to construct a new ...

Ellaktor is one of Greece’s most globalized groups, with a presence in 30 countries and revenues corresponding to 1% of the national gross domestic product. Ellaktor has based its evolution into one...

The government wants to maximize Greece’s role as a multimodal transportation and logistics hub by expanding, modernizing and connecting all transport systems. “One important requirement is a fast...

“Thessaloniki can become a European Silicon Valley,” says Anastasios Tzikas, president of TIF Helexpo, the national exhibition agency that organizes international trade events and owns Greece’s ...

“The exploitation of Greece’s large and diverse portfolio of publicly owned real estate assets will play a crucial role in attracting new investors and driving the economy,” says Stefanos Vlasto...

Last year, Greece announced its ambitions for the decarbonization of an energy system currently reliant on lignite coal. “Our national strategy has an increased focus on green energy and gas. We hav...

Limited electricity interconnections between Greece’s mainland and islands is currently a restriction to the country’s decarbonization goals. Without this underwater infrastructure, many islands a...

“Greece has always been a shipping hub and has always been valued as a shipping and maritime center. As a company, we positively welcome the stable political climate this country offers and the stab...

As one of Europe’s traditional breadbaskets, Greece’s favorable crop-growing climate and fertile soils mean its farming sector and food industry are at the heart of economic well-being and employm...

Despite being famous for its entrepreneurial spirit, and whether its for cultural or economic reasons, Greece’s digital drive has stalled in recent times, with the latest Digital Economy and Society...

A prime example of entrepreneurship and innovation is online insurance firm Hellas Direct. Launched in 2012, the ambitious company is taking on the might of established and experienced rivals by makin...

According to the highly respected Organisation of Economic Co-operation and Development, Greece exports high-tech products valued at more than €1 billion every year — double the income from more t...

Hellenic banks are still carrying the burden of non-performing loans (NPLs) at figures much higher than the average for EU banks, yet vast gains have been made recently. According to the Bank of Greec...

The number of tourists visiting Greece on cruise ships rose 16% in 2019, according to the Hellenic Ports Association. “It’s increasingly popular because Greece has so many wonderful islands and th...