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Greek Economy

Greek PM Touts Vaccine Certificate Program, Tourism Recovery in 2021

Greek Prime Minister Kyriakos Mitsotakis again touted his vaccine certificate initiative during an interview with the Bloomberg news outlet on Monday. Professing that there will be a noticeable improvement in the coronavirus situation by April, the Greek leader stated...

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...

PM Mitsotakis Calls for Vaccine Equity, Green Development in Conference

Greek PM Kyriakos Mitsotakis discussed coronavirus vaccine equity and his commitment to the continual modernization of the Greek economy in an online conference called "Europe 2021" on Thursday. The conference, which was organized by the German newspapers Der Tagesspiegel, Die...

Amazon Web Services Opens Office in Greece

Amazon Web Services (AWS) announced that they will soon open their first office in Athens as part of the conglomerate's ongoing investment in Greece. The firm had previously opened a CloudFront location in the capital city and the addition of...

OECD Says Greek Economy to Begin Recovery in 2021 in New Report

In an overall positive report regarding the prospects for the Greek economy, the Organization for Economic Cooperation and Development (OECD) reported on Tuesday that although the economy will contract by 10 percent in 2020 due to the ramifications of the...

Committee Led by Nobel Prize Winner Outlines Path of Growth for Greece

The "Development Plan for the Greek Economy," drafted by a committee chaired by Nobel Prize laureate in economics Christopher Pissarides, was posted in its entirety in the public interest on Tuesday. Some of the provisions of the plan include lower...