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Greek Economy

Greek Economy Set for Continued High Growth in 2024

After a robust recovery from the Covid-19 pandemic and increasing favor with several credit rating agencies, the Greek economy is expected to see a continued trend in positive growth in the new year. The Greek Economy in 2024 In its World...

Greece to Issue Bonds Worth 10 Billion Euros in 2024

The Greek state is planning to cover more than half of its borrowing needs for 2024 by issuing bonds worth ten billion euros.

The Economist Ranks Greece’s Economic Performance in Top Spot for 2023

Greece's economic performance for 2023 has been ranked in the top spot in the list of 35 countries around the globe by the Economist magazine. According to the Economist’s analysis based on five economic and financial indicators (inflation, “inflation breadth”,...

Fitch Ratings Upgrades Greece to Investment Grade

Fitch Ratings has upgraded Greece's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. Characterized by Greek finance experts as the strictest and most robust rating agency, Fitch rewards the Greek economy's effort by giving the country a vote...

Greek Economy and Investments on the Spotlight at Capital Link Summit

The Greek economy and the inflow of foreign investments will be the central theme of Capital Link's Annual International Summit which will take place in New York on Monday, December 11. The event at the Metropolitan Club will feature top...

IMF’s Key Findings and Recommendations for Greece

Greece’s economy is expected to expand by 2.5% this year due to strong domestic demand, investments and EU funds, the International Monetary Fund (IMF) said on Tuesday. Growth will slow down to 2.0% next year, the fund said in staff...

Greece Fines Unilever and Procter & Gamble €1 Million

In an official decree, Greece's Ministry of Development has announced fines of €1 million each on Unilever and Procter & Gamble. The penalties were imposed due to the violation of gross margin cap regulations spanning over one hundred product...

Greece to Pay Citizens €3,000 for Reporting Tax Evasion

Greece's Ministry of Finance has announced an initiative to offer citizens a bonus of up to 3,000 euros for reporting instances of tax evasion. The incentive is part of a broader movement in strengthening tax compliance and transparency in...

Greece Wins Investment Grade From Standard & Poor’s

Greece's economy received a substantial boost late on Friday after Standard & Poor's upgraded its rating to investment grade for the first time since the country’s debt crisis in 2010. Standard & Poor's, became the first among the “big three”...

IMF: Greek Economy to Grow Faster Than Eurozone Average

The Greek economy is expected to grow by 2.5% this year and 2% in 2024, significantly exceeding average growth rates of 0.7% and 1.2% in the eurozone, the International Monetary Fund (IMF) said in its World Economic Outlook report...