Foundation for Economic

Nearly one in 10 firms in Greece in 2021 were "zombie" companies, according to a recent report by the Foundation for Economic and Industrial Research (IOBE), which revealed that 4,500 of 51,000 firms surveyed were at least 10 years old and had an interest coverage ratio of less than one percentage point for three consecutive years.

Greece's pharmaceutical industry is going from strength to strength, registering a new high in output last year and continuously expanding production, according to a study by the Foundation for Economic and Industrial Research (IOBE).

Accountability and transparency are severely lacking in the National Health System.

A study of 90 hospitals and their accounting statements from 2012-20 by the Foundation for Economic and Industrial Research (IOBE) has found rudimentary reporting that focuses on what state subsidies are spent on and makes no mention of how supplies are used and the state and age of the inventory.

Demographics is a matter of "major importance" for Greece due to the serious challenges it causes both in terms of economic development and social stability, according to the Foundation for Economic and Industrial Research (IOBE).

Two widely used indicators about managers' and consumers' expectations have reached heights not seen in many months, although a local think tank that compiles them warns that such sentiments could prove ephemeral.

Τhe Greek economy will grow at a slower pace this year compared with 2022, as a result of a slowdown in the global economy in an environment of high inflation, tighter fiscal and monetary policy and uncertainty, the Foundation for Economic and Industrial Research (IOBE) said in its quarterly economic outlook report released on Wednesday.

The Greek economic sentiment index rose to 108.8 points in April from 107 in March, the highest reading in the last 12 months, the Foundation for Economic and Industrial Research (IOBE) said in a report on Wednesday.

The Foundation for Economic and Industrial Research (IOBE) has upwardly revised its forecast for Greece's growth in 2023 to 2.4%, from 1.4% three months ago, following a general trend after statistical agency ELSTAT's positive data for a growth rate of 5.9% in 2022.

Business expectations for industry are on the upswing as the negative impact on demand from inflationary pressures appears to have been largely contained.

Greece's economic sentiment index rose from 103.5 in December to 104.9 points in January, its highest reading in the last 10 months, the Foundation for Economic and Industrial Research (IOBE) said on Wednesday.