Greece
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Forecast

Greek Economy to Grow by 3.5% in 2021, EU Forecasts

The Greek economy will grow by 3.5 pct this year and 5.0 pct in 2022, the European Commission said in its winter economic forecasts released on Thursday. In the report, the EU's executive said economic recovery will continue, supported mostly...

New Forecast Warns Greece Could See a Drop of 52% in International Arrivals in 2020

The International Air Transport Association (IATA) published on Thursday its revised forecast for the impact of the COVID-19 coronavirus in various destinations around the world. The IATA said that airline companies are expected to lose a staggering $89 billion in...

Brussels Says Greece's Growth in 2020 Will be Well Above EU Average

The European Commission published its Winter 2020 Economic Forecast on Thursday, showing Brussels' projections regarding growth rates for nations in the European Union for both 2020 and 2021. The European Executive body noted in the report that ''The euro area...

Freezing Temperatures Ahead as Siberian Cold Expected to Sweep Across Europe

The currently unseasonably warm and sunny weather prevailing across Greece is expected to be followed by extremely cold temperatures which will make thermometers nosedive down to 18°C in the space of a few hours, beginning on Tuesday night. According to the...

New IMF Forecasts Adopt Pessimistic Scenario for Growth After 2021

The International Monetary Fund (IMF) published its most recent ''World Economic Outlook'' on Friday. The new forecast of the Fund sends mixed signals about Greece's prospects, revising upward some short-term indexes while smashing the government's hopes for sustainable and strong...

EU Commission Predicts 2.3% Growth for Greece in 2020

The Greek economy is expected to grow by 1.8 percent this year and 2.3 percent in 2020, the European Commission said in its autumn forecasts released in Brussels on Thursday. The EU's executive body said it expected Greek GDP to...

Bank of Greece Forecasts 1.9% Growth for 2019 and Lower Primary Surplus

The Bank of Greece published its interim report on Monetary Policy on Monday, where it highlights some interesting projections for the future of Greece’s economy. The central bank estimates that the country's gross domestic product (GDP) will grow by 1.9...