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//Foundation of Economic and Industrial Research (IOBE)
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IOBE: Greek Shipping Sector Pillar of the Economy, Contributes 7.9% to GDP

Greece’s shipping sector is one of the strongest drivers of the economy and a leader globally, contributing 7.9% to GDP.  
Posted On 19 Oct 2023
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IOBE: Germany Leading Investor in Greece

Germany is the main investor in Greece with direct investments totaling 6.8 billion euros in 2021-2022.
Posted On 29 Mar 2023
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Think-tank Expects 4% Growth for Greece in 2022

The Greek economy is slated to grow at a rate of 4% in 2022, according to the Foundation of Economic and Industrial Research (IOBE).
Posted On 25 Oct 2021
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Delta Variant Puts Pressure on Greek Tourism

Greek tourism professionals are once again revising downwards their projections for 2021 in view of an imminent fourth wave of the Covid-19 pandemic.
Posted On 08 Jul 2021
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Commission Revises Upward Greek Economy Growth Outlook for 2021-22

The Greek economy is expected to expand by 4.3 percent this year and 6 percent in 2022, the European Commission said.
Posted On 07 Jul 2021
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Report: Slow Vaccination May Impact Tourism to Greece

New strains of Covid-19 and slow vaccination in Europe may impact tourism to Greece, according to a report by Capital Economics.
Posted On 05 Feb 2021
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Athens, Syntagma square. Photo: Visit Greece / Y. Skoulas
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Greek Think-tank Sees Slower Growth, Tourism in 2021 

Greek think-tank IOBE has revised downward its forecast for Greece's economy and tourism activity in 2021.
Posted On 04 Feb 2021
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Greek Coastal Shipping Sector Sees Challenging Year Ahead

Greece's coastal shipping sector is up against a number of challenges ahead of the 2021 tourism season, according to a survey by IOBE.
Posted On 13 Jan 2021
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Greece’s Passenger Shipping Sector Sees Heavy Revenue Loss in 2020

Greece’s passenger shipping sector has been severely affected by the Covid-19 pandemic with lost revenue expected to exceed 300 million euros in 2020.
Posted On 12 Jan 2021
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Syntagma Square, Athens © Maria Theofanopoulou
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Greek Consumer Confidence Picks Up Marginally in December

Greek consumer confidence picked up slightly in December, as the economic climate index reached 91.5 points against 91.0 points in November 2020, according the IOBE think tank.
Posted On 08 Jan 2021
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IOBE: 2021 Greek Economy Rebound Hinges on Covid-19 Vaccine

Greece’s economy could shrink by 10 percent if a Covid-19 vaccine is not produced and new lockdown measures are imposed, according to Greek think tank IOBE.
Posted On 27 Oct 2020
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IOBE: Covid-19 Sends Greece Tourism Revenue Downward

Covid-19 is expected to lead to a 20% reduction in Greece's tourism revenue this year, compared to 18-19 billion euros in 2019, says IOBE.
Posted On 20 Jul 2020
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IOBE: Weaker Economic Climate for Greece in June

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 IOBE think-tank.
Posted On 02 Jul 2020
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