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Greece Records Primary Surplus of 3.9% of GDP in 2016
Greece recorded a primary surplus of 3.9 percent of GDP in 2016, official figures showed on Friday. Hellenic Statistical Authority, in a report, said...
Greek GDP Unchanged in 2016
Gross domestic product in Greece remained unchanged in 2016, totaling 184.5 billion euros in terms of volume, according to figures released by the independent...
Greece's 'Shadow Economy' Ranks First Worldwide at 21.5% of GDP, study shows
Greece's 'shadow economy' ranks first in the world estimated at 21.5% of gross domestic product, a study by the Institute for Applied Economic Research at...
Greeks Lost one GDP in Net Wealth During the Crisis
Greeks' present net wealth, excluding loans, was 856 billion euros, from 1,023 billion in 2009 -- before the Greek debt crisis -- and 683...
ECB: Greece Forecasted to Achieve Growth Rate of 0.1% of GDP in 2016
The European Central Bank (ECB) forecasts that Greece will achieve a growth rate of 0.1 percent of GDP in 2016, in the Eurosystem staff...
ND Party Says GDP Data Increase Is No Reason for Joy
The recovery registered in Greece in the third quarter of 2016 is no cause for celebration, New Democracy (ND) said in a statement on...
Foreign Envoys to Propose More Austerities Claiming Greece Will Have GDP Budget Gap in 2017
Foreign envoys are set to return to Athens to resume talks about Greece's austerity measures on November 14. They will discuss the alleged budget...
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,...
PM Tsipras: FT's Article on Greek GDP Data is 'Best Response to Doomsayers'
Greek Prime Minister Alexis Tsipras responded to an article published in the Financial Times on Friday, which commented favorably on Greek economic data and...
Undeclared Labor Stands at 25% of GDP in Greece
The undeclared labor rate in Greece stands at 25% of the official gross domestic product, as 30% of Greeks have bought undeclared goods and services,...