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Private NPLs Exceed Greece's GDP

There is a steep Greek debt in private loans in comparison with the country's GDP, the Greek newspaper Kathimerini reports. According to the news source,...

Greece's GDP Improves Despite Loss of €1 Bln in Tourism Revenue This Year

Greece suffered a one billion euro tourism revenue shortfall this year due to continuous economic and political instability, and the refugee crisis, Hellenic Federation...

Greece's GDP Up by 1.6% in Q2

The Greek economy grew by 0.9% in the second quarter of 2015 compared with the first quarter and by 1.6% compared with the second...

Deputy FinMin: Greece's Debt Rose to 185% of GDP in 2014

Greece's public debt increased to 185% of GDP in 2014, Deputy Finance Minister Dimitris Mardas said in a press briefing on Wednesday, presenting figures from the...

Greece's Public Debt Stands at 174.1% of GDP

In its latest report, the EU statistical office Eurostat said that the Greek public debt decreased by 1% compared to the 4th quarter of 2013, but it was...

ELSTAT: Greece's Economy Still Shrinking, -1.1% GDP Q1 2014

Greece's economy shrank by 1.1% in the first quarter of 2014, said Greece's Finance Ministry May 15, citing ELSTAT data. Last year, the recession shaved 6% from Greece's gross domestic product...

OECD Predicts Greece's Debt Will be 157 Percent of GDP by 2020

The Greek Minister of Finance, Yiannis Stournaras was stunned by the findings of the Organisation for Economic Co-operation and Development’s report concerning the course...

Greece's Debt Hits 160.5% of GDP

Figures from the European Union's statistics agency Eurostat showed that Greece's public debt rose to 160.5 percent of Gross Domestic Product (GDP) in the...