economic growth
Economy
Greek Economic Growth to Exceed Eurozone Average in 2023
Greek economic growth was solid in the first half of 2022 and it is projected to continue in 2022, 2023 and 2024, surpassing the EU and the eurozone average growth rates, the European Commission said in its winter economic...
Economy
IMF Says Greek Economy Will Grow by 6.5% This Year
The International Monetary Fund (IMF) announced on Tuesday that the Greek economy is looking at a growth rate of 6.5% by the end of 2021.
The IMF detailed the country's growth for 2021 in their global economic outlook report, where...
Economy
Greece Announces Whopping 6.1% Growth Forecast for 2021
Greece announced that its economic growth will reach an astounding 6.1 percent in 2021, according to the provisions of the draft budget plan brought before Parliament on Monday.
More specifically, the country's GDP is projected to grow by 6.1 percent...
Economy
S&P Raises Greece Rating to "B" Due to Improved Growth
Standard & Poor's Global Ratings on Friday upgraded Greece’s long-term sovereign credit rating by one notch to B from B- leaving it below investment grade but with a positive outlook.
The country’s long-term foreign currency debt was upgraded to B...
Economy
Greece Achieves Anaemic Economic Growth in Second Straight Quarter
The Greek economy grew, albeit aneamically, for the second straight quarter, provisional figures released Friday showed.
It is a development that's positive, but nevertheless unlikely to raise hopes that the economy is on more stable ground, after 7 years years...
Greece
Europe’s Refugee Crisis Could Boost Economic Growth, Says EU Commissioner Moscovici
European Commissioner for Economic and Financial Affairs Pierre Moscovici said during an interview at CNBC over the weekend that Europe’s refuge crisis could boost economic growth by forcing governments to increase public expenditures.
"This is a very emotional crisis and...
Economy
Greece Ranks Low on OECD's World Education Rankings
The latest Organization for Economic Co-operation and Development (OECD) report on education, the largest worldwide ranking regarding school systems that has ever been conducted, found that Asian countries have the best educational systems in the world. Furthermore, the report noted that...
Economy
EU Commission Slashed Greek Economy Forecasts
The European Commission slashed its previous forecasts regards the Greek economy growth in 2015 and the country’s primary surplus, announced Pierre Moscovici on Tuesday, May 5.
The Commission, which finished gathering data for its forecast on April 21, noted that...
Greece
First Greek Hydroplane Airport to Be Built in Corfu
The decision for the establishment of Greece’s first hydroplane airport was signed on Monday, December 22, by the Minister of Mercantile Marine and Aegean, Miltiadis Varvitsiotis, and the Deputy Minister of Infrastructure, Transportation and Networks, Michalis Papadopoulos.
The hydroplane airport will be built in...
Economy
PM Samaras: Greece's Return to Growth Is a Fact
The Hellenic Statistical Authority (ELSTAT) announced earlier today that Greece's GDP growth rate for the third quarter of 2014 stands at 1.7% and Prime Minister Antonis Samaras made an official statement on the matter. The Greek Premier underlined that the...