Greece
Economy
IOBE Survey Shows Slight Increase in Economic Sentiment Following Second Bailout Review
According to the monthly survey by the Foundation for Economic and Industrial Research (IOBE), following the second bailout review there has been a slower than expected increase in business and consumers' economic sentiment.
The IOBE report, which was released on...
Economy
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...
Greece
IOBE Warns New Tax Hikes on Tobacco Products Will Cause Loss of €100 Million Euros State Revenue
On Monday a new report by the Foundation for Economic and Industrial Research (IOBE) warned that the new tax hike to be placed on tobacco products starting January 1, 2017 will actually cause a 100 million euro annual loss in...
Business
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...
Economy
Privatization of Piraeus Port Will Produce Major Economic Benefits, According to IOBE Study
Greece’s Foundation for Economic & Industrial Research (ΙΟΒΕ) has just released a study regarding the economic effects from the controversial privatization of Piraeus port.
According to the study, tilted appropriately “Economics Effects From the Privatization of Piraeus Port,” some 500...
Economy
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...
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
IOBE: Economic Growth and Decreased Unemployment in 2014
The Greek Foundation of Economic and Industrial Research (IOBE) presented its report on the Greek economy for the first quarter of 2014 on Wednesday, April 16.
According to the report, the Greek economy will stabilize, and may even grow slightly, after several years of...
Economy
IOBE: Recovery of the Greek Economy
The Foundation for Economic and Industrial Research (IOBE) presented its latest report on the Greek economy today with positive estimations showing a slight decline in the recession and unemployment.
IOBE estimates that the recession of the Greek economy this year...
Greece
Greek Ministries, IOBE Bomb Targets
The Foundation For Economic & Industrial Research (IOBE) and the Ministry for Environment, Physical Planning and Public Works were targeted with gas canisters at 3 a.m.
The first attack occurred in the New World, Athens, in the IOBE building. The...
Economy
IOBE Says Recession, Jobless Rate Getting Worse
As Prime Minister Antonis Samaras said the country's economy could begin to rebound within a year, there are signs it's getting worse for now. The leading think tank the Foundation for Economic and Industrial Research (IOBE,) which produced Finance Minister...
Economy
Economic Sentiment Dips to 7-Month Low in June – IOBE
Economic sentiment in Greece fell to a seven month low in June as uncertainty stemming from the country's elections weighed heavily on business activity, the Foundation for Economic and Industrial Research said Wednesday.
"It is clear that uncertainties during the...
Economy
Economy to Shrink 5% this Year, Unemployment at 20% – Greek Research Group IOBE
Greece's economy will shrink 5 percent this year and unemployment will hit 20 percent, hampering efforts to meet fiscal targets, the country's most prestigious think tank (IOBE) said in its quarterly review on Monday.
The Foundation for Economic and Industrial...
Economy
Greece Appoints Internationally-Recognized Experts to Shape Nation's Growth Plan
The Greek government announced on Thursday the formation of a special commission to draft a new "Growth Plan" for the Greek economy.
The commission includes economists and executives who will combine their accumulated academic knowledge, international acumen, market knowledge and...