Greek Economy

IMF Says Greek Economy Will Grow by 6.5% This Year

The International Monetary Fund (IMF) announced on Tuesday that the Greek economy is looking at a growth rate of 6.5% by the end of 2021. The IMF detailed the country's growth for 2021 in their global economic outlook report, where...

PM Mitsotakis Exalts Greek Economy in Meeting New York Leaders

Greece's Prime Minister Kyriakos Mitsotakis said on Thursday in New York that the growth of the Greek economy may exceed an impressive 5.9 percent for the entire year. In an interview for Bloomberg television, Mitsotakis hit an optimistic note on...

Greece’s Economy Soars 16.4% Year-to-Year in Second Quarter

Greece’s economy performed much better than expected in the second quarter of the year, with gross domestic product rising by 3.4 percent against the first three months of 2021 and jumping 16.4 percent from April-June 2020, provisional data published...

Minimum Wage in Greece: A Tale of False Promises and Hopes

The Greek government announced on Monday that from January 1, 2022 the minimum wage in Greece will increase by 2 percentage points.

PM Mitsotakis Upbeat on the Future of Greek Economy

Mitsotakis expressed his "extreme optimism" over the future course of the Greek economy, addressing an Economist roundtable event in Athens.

Greek Economy to Grow by 4.3 Percent in 2021, Says EU

The Greek economy is expected to grow by 4.3 percent in 2021 and by 6 percent in 2022, the European Commission said in its forecast report.

Greece Receives Record Demand for its Bond Sale

Greece received its strongest-ever demand for a bond sale and cemented its place as one of Europe’s most sought-after borrowers.

Greece Hopes to Combat Bureaucracy Thanks to ”Greece 2.0”

The groundbreaking recovery plan ''Greece 2.0'' is battling bureaucracy thanks to the digitization of public services.

IMF: Greek Economy to Grow 3.3% in 2021; By 5.4% in 2022

A new report from the International Monetary Fund (IMF) released on Wednesday estimated that the Greek economy will grow by 3.3% this year.

OECD Forecasts Growth in Greek Economy for the Next Two Years

OECD released its forecast for the struggling Greek economy on Monday, concluding it is likely to experience growth over the next two years.