Greek Economy
Economy
OECD Sees Greek Economy Growing 2% in 2024 and 2.5% in 2025
The Greek economy remains resilient and is expected to grow at a rate of 2 percent in 2024 and 2.5 percent in 2025 as rising employment and real wages and strong tourism boost consumption, according to the OECD's six-monthly...
Economy
Greek Economy Set for Continued High Growth in 2024
After a robust recovery from the Covid-19 pandemic and increasing favor with several credit rating agencies, the Greek economy is expected to see a continued trend in positive growth in the new year.
The Greek Economy in 2024
In its World...
Economy
Greece to Issue Bonds Worth 10 Billion Euros in 2024
The Greek state is planning to cover more than half of its borrowing needs for 2024 by issuing bonds worth ten billion euros.
Economy
The Economist Ranks Greece’s Economic Performance in Top Spot for 2023
Greece's economic performance for 2023 has been ranked in the top spot in the list of 35 countries around the globe by the Economist magazine.
According to the Economist’s analysis based on five economic and financial indicators (inflation, “inflation breadth”,...
Economy
Fitch Ratings Upgrades Greece to Investment Grade
Fitch Ratings has upgraded Greece's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB-' from 'BB+'.
Characterized by Greek finance experts as the strictest and most robust rating agency, Fitch rewards the Greek economy's effort by giving the country a vote...
Business
Greek Economy and Investments on the Spotlight at Capital Link Summit
The Greek economy and the inflow of foreign investments will be the central theme of Capital Link's Annual International Summit which will take place in New York on Monday, December 11.
The event at the Metropolitan Club will feature top...
Economy
IMF’s Key Findings and Recommendations for Greece
Greece’s economy is expected to expand by 2.5% this year due to strong domestic demand, investments and EU funds, the International Monetary Fund (IMF) said on Tuesday.
Growth will slow down to 2.0% next year, the fund said in staff...
Economy
Greece Fines Unilever and Procter & Gamble €1 Million
In an official decree, Greece's Ministry of Development has announced fines of €1 million each on Unilever and Procter & Gamble. The penalties were imposed due to the violation of gross margin cap regulations spanning over one hundred product...
Economy
Greece to Pay Citizens €3,000 for Reporting Tax Evasion
Greece's Ministry of Finance has announced an initiative to offer citizens a bonus of up to 3,000 euros for reporting instances of tax evasion. The incentive is part of a broader movement in strengthening tax compliance and transparency in...
Economy
Greece Wins Investment Grade From Standard & Poor’s
Greece's economy received a substantial boost late on Friday after Standard & Poor's upgraded its rating to investment grade for the first time since the country’s debt crisis in 2010.
Standard & Poor's, became the first among the “big three”...