Greek Economy

The Bank of Greece has raised its economic growth forecast for Greece this year, according to the central bank’s governor, Yannis Stournaras. Presenting the bank’s annual report on Friday, Stournaras said that the Greek economy is expected to grow by...

Greek economic growth was solid in the first half of 2022 and it is projected to continue in 2022, 2023 and 2024, surpassing the EU and the eurozone average growth rates, the European Commission said in its winter economic...

Fitch Ratings upgraded Greece's Long-Term Foreign-Currency Issuer Default Rating (IDR) to "BB+" on Friday. The previous rating was "BB". The Outlook is now Stable. The news is positive for the Greek economy, which has been on a bumpy road since...

Although the Greek economy has progressed significantly since it was plunged into the depths of financial hell during the government debt crisis of 2009, Greek industry still lags behind, according to a policy paper published late last year. The policy...

The recovery of the economy in Greece from the COVID-19 crisis was strong, supported by the continuation of reforms, the Organisation for Economic Co-operation and Development (OECD) said in an Economic Survey on Greece released on Tuesday. It warned, however,...

The prospects for the Greek economy and investments will be at the forefront of discussion at the Capital Link Invest in Greece Forum, which will be held at the Metropolitan Club in New York on December 9th. “Sustaining Growth &...

Greece will return to primary surpluses from 2023 and remain on a course of reducing its public debt, the IMF said in its Fiscal Monitor report released on Wednesday. The Fund sees the general government's primary surplus at 0.9% of...

Even with little awareness of cryptocurrency and blockchain technology, Greece ranks sixth in terms of the number of cryptocurrency ATMs. This is out of twenty-seven European member states. There are currently sixty-four active ATMs for usage, mostly concentrated in the...

Greece's economy is among the seven wonders of the world, Ruchir Sharma, Chair of Rockefeller International writes in the Financial Times. He says that Greece defies the prevailing pessimism on the economic prospects throughout the world. The other six nations...

Greek budget revenues exceeded targets by 1.4 billion euros in August and by 5.6 billion euros in the January-August period, according to data released on Friday. Commenting on this development, Alternate Minister Theodore Skylakakis said: "Tax revenue significantly over-performed in...