2025

Digital payments in Greece: One decade of rapid expansion

Digital payments in Greece: One decade of rapid expansion

Nancy Roussia2025-12-18T08:40:07+00:00

In Greece, the period 2015-2024 saw the second fastest growth in card usage in the EU-27. The share of cash use in the economy as a whole has declined, but the degree of use of electronic payments varies across transaction categories, even for those where targeted incentives have been implemented. Reinforcing the findings of previous studies, the analysis highlights the continuing impact of payment card use on improving tax compliance, with no let-up after the pandemic and especially after the inter-connection between POS terminals and the tax authorities in 2024, as well as on the increase in tax revenues [...]

Digital payments in Greece: One decade of rapid expansionNancy Roussia2025-12-18T08:40:07+00:00

The sector of Electrical Installations in Greece – Trends and prospects

The sector of Electrical Installations in Greece – Trends and prospects

Nancy Roussia2025-12-15T11:37:09+00:00

The sector of Electrical Installations constitutes a fundamental infrastructure for the green and energy transition of the economy. The safety and reliability of installations are becoming increasingly important due to rising demands from RES, electromobility, and advanced digital systems. The sector is showing economic recovery, and in 2022 the Gross Value Added reached €787 million, the total contribution to GDP amounted to €4.07 billion, and employment reached 40.7 thousand jobs. Despite the strong standards framework and the high technical expertise of professionals, there are gaps in its implementation, with insufficient inspections, non-systematic renewal of Electrical Installation Certificates (ΥΔΕ), and [...]

The sector of Electrical Installations in Greece – Trends and prospectsNancy Roussia2025-12-15T11:37:09+00:00

The sector of Electrical Installations in Greece – Trends and prospects

The sector of Electrical Installations in Greece – Trends and prospects

Maria Kavvadia2025-12-18T09:07:55+00:00

The sector of Electrical Installations constitutes a fundamental infrastructure for the green and energy transition of the economy. The safety and reliability of installations are becoming increasingly important due to rising demands from RES, electromobility, and advanced digital systems. The sector is showing economic recovery, and in 2022 the Gross Value Added reached €787 million, the total contribution to GDP amounted to €4.07 billion, and employment reached 40.7 thousand jobs. Despite the strong standards framework and the high technical expertise of professionals, there are gaps in its implementation, with insufficient inspections, non-systematic renewal of Electrical Installation Certificates (ΥΔΕ), and [...]

The sector of Electrical Installations in Greece – Trends and prospectsMaria Kavvadia2025-12-18T09:07:55+00:00

Short Sea Shipping – Trends, challenges, and impact on the Greek economy

Short Sea Shipping – Trends, challenges, and impact on the Greek economy

Maria Kavvadia2025-12-01T13:16:15+00:00

The study highlights the strategic importance of short sea shipping (SSS) for Greece, while simultaneously pointing out serious challenges, such as fleet aging, the increased environmental requirements of the "Fit for 55" package, and inadequate infrastructure. Targeted policies are proposed for fleet modernization, the development of green and multimodal infrastructure, and the creation of specific financial instruments, so that SSS remains competitive and continues to support the Greek economy and island regions. Study Summary Study Presentation Press Release

Short Sea Shipping – Trends, challenges, and impact on the Greek economyMaria Kavvadia2025-12-01T13:16:15+00:00

Trends, challenges and prospects of Construction in Greece | 2025

Trends, challenges and prospects of Construction in Greece | 2025

Maria Kavvadia2025-11-07T10:42:54+00:00

The restoration of stability and the progress made in the Greek economy in recent years, the securing of significant public and European funds for development projects, and the recovery of private construction activity had a particularly positive impact on the Construction sector. This study analyzes the most recent developments in the Construction sector in Greece and assesses its prospects, taking into account the current conditions and challenges it faces. Study Study Presentation Press Release

Trends, challenges and prospects of Construction in Greece | 2025Maria Kavvadia2025-11-07T10:42:54+00:00

Soilless Greenhouse Agriculture in Greece: Challenges, Prospects and the Cases of “Sterea Ellada” and “Voreia Ellada”

Soilless Greenhouse Agriculture in Greece: Challenges, Prospects and the Cases of “Sterea Ellada” and “Voreia Ellada”

Maria Kavvadia2025-12-23T09:56:39+00:00

This study examines the feasibility, challenges, and potential benefits of further developing Greenhouse Soilless Agriculture in Greece, a sector currently dominated by hydroponic cultivation methods. It also focuses on assessing how hydroponics can contribute to sustainable agriculture, resource efficiency, regional economic development, and food security. Within this context, the study explores a range of factors, including the adoption of new technologies, environmental impacts, economic viability, and potential institutional and financial interventions to support the expansion of Greenhouse Soilless Agriculture in Greece. Study Study Presentation

Soilless Greenhouse Agriculture in Greece: Challenges, Prospects and the Cases of “Sterea Ellada” and “Voreia Ellada”Maria Kavvadia2025-12-23T09:56:39+00:00

The contribution of Athens International Airport to the Greek economy

The contribution of Athens International Airport to the Greek economy

Fotini Stathopoulou2025-12-23T10:15:02+00:00

The Athens International Airport has played a significant role in the recovery of the Greek economy since the mid-2010s, showing resilience and dynamism. Activity at Athens International Airport has surpassed its pre-pandemic levels already since 2023. As the main gateway for the incoming foreign visitors, AIA’s economic system provides significant support to the Greek economy. 3.8% of the country’s GDP (€8.6 billion) can be attributed (directly and through multiplier and catalytic effects) to the activity of the AIA’s economic system. In terms of employment, the total impact is estimated at 214,000 jobs (4.2% of domestic employment). The total contribution [...]

The contribution of Athens International Airport to the Greek economyFotini Stathopoulou2025-12-23T10:15:02+00:00

Independent Authorities in the Greek Administration and Economy: Analysis and Evaluation

Independent Authorities in the Greek Administration and Economy: Analysis and Evaluation

Maria Kavvadia2026-01-09T13:10:45+00:00

The aim of this study is to map and assess the functioning of Independent Authorities in Greece. It highlights their roles, types, and responsibilities—both historically and in the present day—and examines their contribution to the effective operation of the Greek administration and economy. The study also addresses contemporary challenges related to their functioning, independence, and legitimacy. Furthermore, it undertakes a systematic evaluation of these authorities, emphasizing the growing importance of such assessments as a policy priority in the face of an increasingly complex and demanding international and domestic landscape—economically, politically, and socially. [...]

Independent Authorities in the Greek Administration and Economy: Analysis and EvaluationMaria Kavvadia2026-01-09T13:10:45+00:00

The contribution of the bilateral economic relations with Germany to the economy of Greece in 2023

The contribution of the bilateral economic relations with Germany to the economy of Greece in 2023

admin2026-01-07T09:43:23+00:00

The study analyses the contribution to the Greek economy of the bilateral economic relations with Germany and to highlight the resilience of the German business community in Greece. The study updates the analysis of the trends in trade and investment flows between the two countries and quantifies the direct, indirect and induced effects on the economy of Greece from the operation and investments of member companies of the German Hellenic Chamber of Commerce and Industry in Greece. Germany is one of Greece's major trading and investment partners. The exports of Greek products to Germany amounted to €3.3 billion [...]

The contribution of the bilateral economic relations with Germany to the economy of Greece in 2023admin2026-01-07T09:43:23+00:00

Ex-post evaluation of SURE programme

Ex-post evaluation of SURE programme

Maria Kavvadia2026-01-07T09:24:27+00:00

The ex-post evaluation of the European programme SURE (Support to mitigate Unemployment Risks in an Emergency) was carried out on behalf of the European Commission by an independent team of external experts, including the Foundation for Economic and Industrial Research (IOBE), under the coordination of the consultancy firm ICF. The SURE programme served as a temporary European financial support instrument during the pandemic crisis to mitigate the risks of unemployment in an emergency situation. It consisted of loans to Member States, totalling up to €100 billion, on favorable terms, to finance national public expenditure measures geared towards employment [...]

Ex-post evaluation of SURE programmeMaria Kavvadia2026-01-07T09:24:27+00:00

Foundation for Economic & Industrial Research