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EU Revises Growth Upward, to 7.1%, for Greece in 2021

The European Commission has forecast strong growth rates of 7.1 percent in 2021 and 5.2 percent in 2022 for Greece in its autumn economic forecasts, published on Thursday. The EU's executive revised its forecasts for 2021 upwards compared to those...

Greek Economy to Grow by 7% this Year, EBRD Report Says

The Greek economy is expected to grow by 7 percent this year and by 3.9 percent in 2022, the European Bank for Reconstruction and Development (EBRD) said in its latest Regional Economic Prospects report, published on Thursday. The forecast is...

Greece Announces Whopping 6.1% Growth Forecast for 2021

Greece announced that its economic growth will reach an astounding 6.1 percent in 2021, according to the provisions of the draft budget plan brought before Parliament on Monday. More specifically, the country's GDP is projected to grow by 6.1 percent...

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...

IMF: Economy of Greece to Bounce Back Significantly in 2022

The economy of Greece is projected to grow by 5.4 per cent in 2022, the International Monetary Fund (IMF) said.

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.

S&P Upgrades Greece’s Rating and Outlook

S&P Global Ratings, the American credit rating agency, upgraded Greece’s sovereign credit rating by one notch on Friday, to "BB" from "BB-".

Bank of Greece Forecasts 4.2% Growth for 2021

The Bank of Greece reiterated a 4.2% growth forecast for 2021, but warned that the Greek economy is facing a large number of bankruptcies

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...