Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...

Italy has yet to recover from the economic consequences of the financial and sovereign debt crisis that began more than a decade ago. In addition to losing 1.4 million jobs across the manufacturing and construction sectors, new industries driving growth across the EU, such as knowledge-intensive...

Italien hat sich gut zehn Jahre nach der Finanz- und Staatsschuldenkrise nicht von deren wirtschaftlichen Folgen erholt. Verantwortlich sind zum einen die traditionellen Wachstumstreiber Italiens, nämlich das verarbeitende Gewerbe und der Bausektor, die beide einen Rückgang von jeweils 700 000...

Although Greece is showing initial signs of recovering from its 2008 crash, its economy continues to suffer. It has become clear that the economy will not become prosperous only by the given recommendations of the so called Troika, namely by cutting costs and public expenditures, and by making...

Private businesses' nominal value added in Greece has fallen by 38 percent over the last ten years. Micro firms were hit particularly hard. Despite efforts to stabilize the macroeconomic environment, there are only weak signs of recovery. Future prospects are not much better, as-with the...

Die Auswertung neu verfügbarer Daten zeigt, dass die Wertschöpfung griechischer Privatunternehmen in den letzten zehn Jahren nominal um 38 Prozent eingebrochen ist. Besonders stark traf es dabei Kleinstunternehmen. Trotz aller Bemühungen, das makroökonomische Umfeld zu stabilisieren, hat...