Greek Economy
Greece
Greece Falls in Rule of Law World Index
Greece has dropped eight positions in the World Justice Project's latest Rule of Law Index, an annual global report that measures adherence to fundamental tenets of an open and functional government and society.
Greece is now ranked 48th out of...
Economy
EU to Relax Post-Bailout Monitoring of Greece
Greece is expected to get the green light from the June 16 meeting of the Eurogroup, in order to exit from its enhanced surveillance status.
Greek News
PM Mitsotakis Tells MSNBC “Greece is Back on Track”
Greece is back and the Greek economy is on track after the economic crisis that led to rescue programs, Prime Minister Kyriakos Mitsotakis said on MSNBC's "Morning Joe" show on Monday.
Mitsotakis began a two-day visit to the United States,...
Economy
EU Commission Revises Forecast for the Greek Economy Downwards
The European Commission revised its forecasts for the Greek economy downwards on Monday, envisaging a GDP growth of 3.5 percent in 2022 and 3.1 percent in 2023 (from 4.9 percent and 3.5 percent respectively in its winter forecasts made...
Economy
Greece Announces Return to Capital Markets
On Tuesday, Greece announced its return to international capital markets and mandated six banks to run a reissue process for a 7-year bond maturing in April 2027.
The 7-year bond issue carries a coupon of 2 percent and yields 2.013...
Economy
Greek Economy Upgraded by S&P Global Ratings
The Greek economy got a vote of confidence by S&P Global Ratings on Friday which upgraded its debt rating to BB+.
“The upgrade reflects our expectation of a continuous improvement in Greece’s policy effectiveness, while the fallout from the war...
Economy
NYSE Marks Greek American Issuer Day
Dozens of top-level speakers from Greek and international governments, as well as business and financial communities offered an insightful blueprint of the state of the Greek economy during the “23rd Capital Link Invest in Greece” Forum which was held...
Economy
How the War in Ukraine Affects the Greek Economy
The impact of the war in Ukraine on the Greek economy, particularly on energy, tourism and raw materials has alarmed households and the government alike
Economy
Greek Economy to Grow by 4.9 Percent in 2022, EU Says
The Greek economy is expected to grow by 8.5 percent in 2021, 4.9 percent in 2022 and 3.5 percent in 2023, the European Commission said in its Winter economic forecast report released on Thursday.
It, therefore, revised upward its earlier...
Business
Athens Stock Exchange Reaches Levels Unseen Since 2014
The rally at the Athens Stock Exchange (ATHEX) which began at the end of 2021 reached a peak earlier this week when the index climbed to levels unseen since 2014.
The last time the main index stood above 950 points...