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Greece

Global Competitiveness Report: Greece Advances 10 Spots

Following the economic recovery that started last year, Greece advances 10 spots to reach 81st place, according to the Global Competitiveness Report 2014-2015. The Global Competitiveness Report 2014-2015 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their...

US Report Says Anti-Americanism On the Wane in Greece

A U.S. State Department report drafted last August but released in early January of 2019 states that Greece is "a pillar of stability in a complicated region." The State Department's "Integrated Country Strategy" (ICS) for Greece recognizes the country’s position...

World Economic Forum: Greek Competitiveness Drops in 2018, Falls to 57th

Greek economic competitiveness declined in 2018. According to the World Economic Forum's annual report, Greece ranks in 57th place in competitiveness among 140 countries, below Bulgaria (51st) and Romania (52nd). The Global Competitiveness Report 2018-2019 uses the Global Competitiveness Index 4.0...

Greece Slides Further Down in Competitiveness

Greece's ranking in the global competitiveness index of the World Economic Forum slid further down this year, according to the Global Competitiveness Report 2017-2018. Based on updated World Economic Forum data, Greece fell to 87th place in the world rankings,...

IMF Report: Greek Economy to Grow 2.2% in 2017 and 2.7% in 2018

Economic growth in Greece will reach 2.2 percent in 2017 and increase to 2.7 percent in 2018, the International Monetary Fund said in its World Economic Outlook report, presented on Tuesday by the Fund’s chief economist Maurice Obstfeld. However,...

Tourism Is National Champion of the Greek Economy, ISETE Report

Tourism has contributed significantly to the Greek economy, according to an INSETE report. It has become a true national champion in the race for a more extroverted Greek economy, given that more than 90% of its revenues come from...

WEF Report Reveals Greece's Competitiveness Dropped in 2016

According to the Global Competitiveness Report 2016-2017 released by the World Economic Forum (WEF) on Wednesday, Greece has dropped in its competitiveness. Greece came in 86th place out of 138 countries; a five place drop from the previous year. "Declining openness...

Greece Holds 81st Position In World Economic Forum's Global Competitiveness Index

The World Economic Forum ranked the Greek economy as the 81st most competitive out of 144 national economies, giving the nation a 4 out of 7 score in its 2015 Global Competitiveness Index. This is the second consecutive year Greece holds the...

Greece Dead Last in Competitiveness

Even as Greek officials are crowing this will be the last year of the country's deep recession and foreign investors are eagerly being sought, Greece was ranked as the least competitive manufacturing power among 38 participating nations in the...

Greece Falls to 83rd Place in Global Competitiveness Index

Greece fell to the 83rd place in the global competitiveness index of the World Economic Forum this year.  This is down from 71st in 2009, reflecting a worsening of the macro-economic environment in the country. A WEF report stated that...

Stuck in Crisis, Greece Just Can't Compete

Greek Prime Minister Antonis Samaras’ hopes of bringing in development to help Greece grow out of recession and a strangling financial crisis took a hit with a finding that the country’s competitiveness has fallen seven places, ranking 90th in...

Can’t Compete, Greece Nears Rock Bottom in EU

ATHENS - Struggling with its worst economic crisis since World War II, and with its biggest revenue engine of tourism slumping fast because of political uncertainty, one of Greece’s best hopes for recovery – a competitive economy capable of...

Greece Nominates Former EU Commissioner for OECD Top Post

For the first time, Greece, a founding member of the OECD, has officially presented a candidacy for the position of the Organization’s next Secretary General, the former EU Commissioner and Greek Cabinet Minister, Anna Diamantopoulou. "Anna Diamantopoulou has undeniable multifaceted...

Greek Shipping Dominates World Despite Covid-19 Pandemic

Despite the coronavirus crisis that has affected the entire world, Greece remains among the top five ship-owning nations -- along with China, Japan, Singapore and Hong Kong -- with Greek ship owners controlling 20.67 percent of global shipping capacity...