Portugal

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R&D spending in decline

State spending on research and development declined in Greece in 2023, bucking European trends, Eurostat data gleaned from the member-states' budgets and released Tuesday show.

When one considers spending per capita, Greece ranks quite low among EU states, although it outranks Lithuania, Poland, Malta, Portugal, Slovakia, Latvia, Hungary, Bulgaria and Romania.

From tourism to an innovative economy

Greece's tourism receipts have increased significantly in the past few years, jumping from €9.5 billion in 2010 to €20.5 in 2023, with a further rise of 10% expected this year. Tourism provided precious revenue during the economic crisis, while the expected increase in receipts will also benefit this year's gross domestic product.

Short-term leases: Double-digit growth rates in Greece show data from Airbnb, Booking, Expedia, TripAdvisor

With double-digit growth rates following the upward rhythms recorded in the rest of Europe, short-term rentals in our country are “running” this year, according to the most… official bull, that of the major market players, Airbnb, Booking, Expedia Group and TripAdvisor.

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