growth

The International Monetary Fund on Tuesday said that the Greek economy will grow by 2.6% in 2018, up from a 2.4% growth rate estimated in a draft budget plan tabled to Parliament by the Greek government last week. The Fund's...

Growth has returned to Greece after so many years, jobs have opened and investors are returning to Greece, European Commissioner for Financial Affairs Pierre Moscovici said in an interview with the Athens-Macedonian News Agency. "Greece ought to have made these...

Greece's industrial production growth eased markedly in June, after accelerating in the prior month, preliminary data from the Greek Statistical Authority (ELSTAT) showed Tuesday. Industrial production climbed a working-day-adjusted 1.6% year-over-year in June, much slower than the 6.3% increase in...

Prime Minister Alexis Tsipras on Monday starts a tour of regions in order to speak about the positive aspects of the June 15 Eurogroup agreement and its impact on the Greek economy. The tour will follow the disbursement of the...

In crisis-stricken Greece the businesses that flourish are hair salons, dry cleaners, funeral parlors, electronics repair shops and gyms, says the weekly Hellenic Federation of Enterprises (SEV) report. However, the bulletin says, such businesses will not bring growth, as the only...

The Governor of the Bank of Greece Yiannis Stournaras, warned of the possibility of a new Memorandum of Understanding (MOU) with the country’s creditors if initiatives are not taken by Greece’s partners to resolve the country's debt. Presenting the annual...

Greece's Prime Minister Alexis Tsipras on Thursday addressed his cabinet saying that the agreement with creditors is "defendable" and that the International Monetary Fund "did not succeed in fully meeting any of its targets." Tsipras said that the IMF had...

The Greek economy remains in recession while figures for the rest of the euro zone have taken a positive turn with growth on the horizon, as new Eurostat data released on Tuesday show. Unemployment is at its lowest in eight...

European Commission vice president Valdis Dombrovskis, appeared positive over strong growth rates in Greece in 2017, and meeting deficit and primary surplus targets in questions posed by European parliament vice president Dimitris Papadimoulis, during the Economic and Monetary Policy...

The European Commission predicts that the end of 2016 will find Greece with a 0.3% recession, but 2017 will follow with a 2.7% growth, according to the autumn estimates. The EC report says that Greek economy stagnated in the first...