Greek think tank IOBE sees economic growth accelerating to 2.1% this year from an estimated 1.3% rate in 2017. The estimate is broadly in line with the official Greek government and Europe- an Commission forecasts, both of which see GDP growing at a 2.5% rate this year. Greece’s revised 2017 GDP data is due to be released in early March.
Leading U.S. electric automobile manufacturer Tesla is setting up an R&D facility in Greece to tap local scientific expertise in electric motor technology. The facility is expected to employ Continue reading »