IOBE

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...

Greece's economy is expected to hit rock bottom by the end of the year, the seventh of a deep recession but the effects could linger and create a small reduction after that, the Greek think tank IOBE said, in...

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...

German Finance Minister Wolfgang Schaeuble's public statements that Greece may need a third rescue package started a debate on the necessity and effects of additional aid to the country. The IMF estimated Greece needs between 8.25 and 10.5 billion euros...

Under an onslaught of 63.6 billion euros in non-performing loans and many people unable to meet payments after three years of austerity measures, Greek banks said they’ve been left virtual-ly unable to lend. As default rates on mortgages approach 23...

The Neue Zürcher Zeitung, a Swiss German-language daily newspaper, published Gruppe in Zurich, reported in an article on Greek tourism dthat “Greek tourism alone is not enough to solve the problems” of the debt-crushed country. “Even though Greece receives more...

With Greek Prime Minister Antonis Samaras saying he has cast his lot with austerity, the magazine The Economist said evidence is growing that pay cuts, tax hikes, slashed pensions and firing workers alone won't help the country meet goals...

With Greek Prime Minister Antonis Samaras saying all is well now in Greece and that he's put the economy on the road to recovery, the record 27.4 unemployment rate will like go past 30 percent next year, a report...

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...

Days after returning from a trip to China to woo business, Greek Prime Minister Antonis Samaras said the way out of the country's crushing economic crisis is for foreign companies to invest in the country, which means overcoming its...