economic growth
Economy
Greece Tops Morgan Stanley’s Emerging Markets Fund
Greece has become the best choice for investment in emerging markets, said Marshall Stocker, co-head of emerging markets at Morgan Stanley.
As Stocker stated on CNBC's Squawk Box, this was due to "the improvement in the economic institutions that the...
Economy
Global Economy Expected to Slow to its Lowest Level Since 2008 Crisis
The World Bank, a global financial institution, predicts the world's economic growth will slow in 2023. This means that the global economy will not expand as quickly as it has in previous years. The projected growth rate for this...
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...