Fiscal multiplier

The short- and long-term car rental sector is estimated to directly contribute 1.3 billion euros to Greece's gross domestic product, based on 2022 data.

Just yesterday in our editorial we noted that rays of light are already beginning to shine through the darkness of a pandemic that for nearly a year has overshadowed everything.

One such optimistic sign is the news of a 100mn euro investment by the Greek Systems Sunlight Company (photo) to develop environmentally-friendly lithium-ion battery technology.

“Greece cannot just continuously tag along and expect that things will be sorted out. The Greek leaders will need to take more ownership of reestablishing their country” stressed the head of the International Monetary Fund, Christine Lagarde, in an interview with Bloomberg.

By Pantelis Boukalas