GDP

The Greek economy is expected to grow faster, while fiscal deficit will fall further and unemployment will decline this year, the International Monetary Fund (IMF) said in its World Economic Outlook report. IMF is expecting Greek GDP to grow from...

Greece's public debt increased to 185% of GDP in 2014, Deputy Finance Minister Dimitris Mardas said in a press briefing on Wednesday, presenting figures from the state's General Accounting Office. He expressed his concern over the debt's upward trend, stressing that it...

Shortly after taking office as the next Greek Finance Minister, Yianis Varoufakis requested the help of financial advisory Lazard in order to deal with the negotiations regarding Greece’s public debt which has reached 176% of GDP. Matthieu Pigasse, head of...

Alexis Tsipras will either prove to be a new Hugo Chávez or a reformist like Former Brazilian President Lula, noted the Financial Times in an article regarding the Greek elections, pointing out that a key question is whether the...

According to data released by Eurostat, the Greek public debt increased to 176% of the country’s GDP during the third quarter of 2014, from 171% in the same quarter of 2013. Public debt within the Eurozone stood, on average, at...

The Eurozone economy showed marginal growth in the third quarter of 2014, with GDP showing an increase of 0.2% in the third quarter, compared to the previous, according to revised figures released today by the European Statistical office, Eurostat. In...

The progress made on the Greek economy over the last two years, as well as the many opportunities now offered to investors, emphasized Greek Prime Minister Antonis Samaras in a message he sent via webcast at the 16th annual Capital...

After 11 hours of negotiations, Greece and the troika of international creditors left the table still at a deadlock. The two sides continue to disagree strongly on the 2015 fiscal gap and security funds issues, meaning that Greece's hopes...

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...

"There is not a single one of our graduates who is out looking for a job," says a professor of Computer Science at Aristoteleio University of Thessaloniki. The statement sounds strangely optimistic in a city where unemployment reaches upwards...