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Greece's "shadow economy" was estimated at 24.3% of GDP in 2012, compared with 28.6% for Estonia, 26.5% for Latvia, 21.6% for Italy, 17.1% for Belgium, 14.7% for Sweden, 13.7% for Finland, and 13.5% for Germany, and is certainly related to the fact that the percentage of Greeks that are self-employed is more than double the EU average (2013 est.).
The amount is equivalent to more than 15% of the entire Greek economy and involves over 100 investment streams and 75 reforms, with about 60% geared toward the green transition and digitization.
Today, KEPE is a leading economics research institute in Greece. It focuses on applied research projects concerning the Greek economy, and provides expert advice to the Greek government on economic and social policy issues. [1] [3] In April 2019, the Greek government formally appointed KEPE as the National Productivity Board for Greece. [4]
Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and has been a key element of Greek economic activity since ancient times. [3] Today, shipping is the country's most important industry worth $ 21.9 billion in 2018.
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Kathimerini is considered a newspaper of record [3] and the leading right-wing newspaper in Greece, [4] with the highest circulation [5] and a strong digital presence. It is published in Greek and has an English edition, both print and digital. Kathimerini English Edition is published in Greece and Cyprus along with the New York Times ...
Danae Kyriakopoulou is a Greek economist who is currently the Official Monetary and Financial Institutions Forum (OMFIF)'s Chief Economist and Director of Research. Kyriakopoulou is the head of OMFIF's economic staff, providing leadership and direction in the economic research agenda. She is fluent in English, German, Greek, and Spanish.
The Greek economy was one of the Eurozone's fastest growing from 2000 to 2007, averaging 4.2% annually, as foreign capital flooded in. [59] This capital inflow coincided with a higher budget deficit. [36] Greece had budget surpluses from 1960 to 1973, but thereafter it had budget deficits.