GDP

Greece's gross domestic product (GDP) expanded by 7.7 percent in the second quarter compared with the same period in 2021, data showed on Wednesday. According to the Hellenic Statistical Authority, GDP increased by 1.2 percent in the second quarter of...

UBS, the Swiss-based investment bank has considerably raised its growth forecast for Greece’s gross domestic product (GDP) for 2022 while the finance ministry in Athens announced a much lower primary deficit than expected. UBS raised its estimate to 5.7 percent...

The US economy has shrunk for the second quarter in a row, triggering one definition of a “technical recession,” according to data released by the Commerce Department on Thursday. The nation's gross domestic product fell at an annual rate of...

The European Commission revised its forecasts for the Greek economy downwards on Monday, envisaging a GDP growth of 3.5 percent in 2022 and 3.1 percent in 2023 (from 4.9 percent and 3.5 percent respectively in its winter forecasts made...

Eurostat reported on Tuesday that Greece had the largest gross domestic product (GDP) growth rate in the third quarter of 2021 in the entire Eurozone. The statistics agency said that Greece's GDP increased a staggering 13.7% in the third quarter...

Greece’s economy performed much better than expected in the second quarter of the year, with gross domestic product rising by 3.4 percent against the first three months of 2021 and jumping 16.4 percent from April-June 2020, provisional data published...

  Industrial production in Greece fell by less than the average decline in the Eurozone, Eurostat said in a report on Tuesday. Production worldwide has greatly slowed down in recent months due to the coronavirus pandemic and its related shutdowns. However,...

Greece is the country that spends the highest amount of money in NATO for its defense as a percentage of its GDP, after only the United States, official data recently revealed. According to the available data from NATO, only five...

The Gross Domestic Product (GDP) of the island nation of Cyprus is expected to grow by 3.3 percent in 2019, the European Commission said on Thursday. The commission predicted this rosy outlook on the basis of new data which...

According to the final figures for 2017 released by Greece’s Statistics Authority (ELSTAT), Greek GDP increased by €3.75 billion ($4.20 billion). This increase is attributed to economic growth in Greece during 2017. Specifically, the Greek GDP rose from €176.48 billion...