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Foundation for Economic and Industrial Research

Catering Businesses Hold Largest Share in Greek Industry

New data released by the Economic and Industrial Research Foundation (IOBE), shows that catering businesses hold the largest share in the Greek industry. Companies in the food sector work with the largest number of employees in the industry – 28%, compared...

Six in Ten Greek University Graduates are Paid Less Than €800 per Month

The salaries of six in ten university graduates in Greece are less than 800 euros per month, a Foundation for Economic and Industrial Research (IOBE) study says. The largest number of employees with a postgraduate or doctoral degree are employed...

Bill for Elliniko Deal Expected to be Voted on in Parliament by Month's End

After 22 months following an agreement between the consortium of Lamda Development and the Greek state was signed, the concession contract for the former Elliniko airport is set to go through ratification in Parliament, ekathimerini.com reports. The bill, which notes...

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...

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...

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...

Troika Pushes Greece On Privatization

International lenders are asking Greece to increase the pace of privatizing state enterprises to meet fiscal targets and complete unfinished reforms. The IMF-EU-ECB Troika envoys are visiting Athens to discuss how the government will close a 2.4 billion euro gap...