Drugs a boost to local economy

Greek pharmaceutical companies provided significant support to the national economy in the decade of the economic crisis, with their contribution to the country's gross domestic product estimated at some 2.8 billion euros per annum.

A national survey by the New Times newspaper has shown that for every 1,000 euros spent on the purchase of drugs produced in this country, gross domestic product is strengthened by 3,420 euros.

Of course today the spread of the coronavirus is generating considerable uncertainty about whether the rising course of certain corporations will continue, given that the economy is projected to shrink this year.

Pharmaceutical firms have also faced difficulties in recent years due to the cuts to the state spending limit on drugs during the financial crisis.

Consequently many have found refuge in foreign markets, increasing their...