Greece economy

Greece was named this week the top economic performer for 2022 among selected OECD nations by the Economist magazine. The Economist ranked Greece according to five key indicators in its analysis of 34 OECD countries. Greece fared the best in...

Greece exported a record 20.5 billion euros ($20.6 billion) worth of goods in the first five months of the year. However, a rise in imports and a decline in domestic consumer spending dampened the good news. From January through May,...

Greece's unemployment rate fell to 12.8% in December 2021, marking a significant decline over December 2020's 13.4% and November 2020's 15.5%, according to official figures released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. During 2021, Greece experienced wild swings...

Direct foreign investments in Greece rose by 77 percent in 2020, a report by multinational accounting firm Ernst & Young Greece revealed.

The Bank of Greece (BoG) said on Monday that economic growth will reach 4.2 percent this year, as it had also forecast in its previous report

S&P Global Ratings, the American credit rating agency, upgraded Greece’s sovereign credit rating by one notch on Friday, to "BB" from "BB-".

Greece announced it will issue a 30-year bond, the longest-maturity sale since 2008, completing the country’s full return to debt markets.

As eurozone finance ministers prepare to meet on Friday, Greece is expecting international creditors to inspect the country more often after its bailout ends in August. In comments to the U.K.'s Financial Times on Thursday, Greek Finance Minister Euclid Tsakalotos...

There are many readily evident examples of the economic crisis that has gripped Greece over the past several years. Businesses have closed, shops remain empty and not many new businesses have managed to flourish given the banking situation making it...

  Tsipras’ Syriza-led government has done more somersaults since it came to power than an acrobatic gymnastics team in Olympic competition. Take for example its stance on the IMF and the so-called Troika in general. First, Tsipras and his lieutenants promised...