budget 2023
Economy
Greece Comes Second in EU Research Spending
According to Eurostat data reported and reviewed by the Development Ministry on Monday, Greece holds the second position in the European Union in terms of Government Budget Allocations for Research & Development (GBARD) over the long term.
From 2012 to...
Economy
Greece Announces 10% Subsidy on Food Bills as Elections Loom
On Monday, the prime minister of Greece, Kyriakos Mitsotakis, announced a ten percent subsidy for every household's food purchases to help counter the burden of inflation.
The funds from the subsidy are estimated at around 650 million euros ($690.82 million)...
Economy
Greece Projects Slower Growth for 2023
The economy of Greece will grow at a slower pace in 2023 after a strong rebound this year largely fueled by the tourism sector. The country's economic output is seen increasing by 2.1% next year from 5.3% this year,...