inflation

Greece announced a package of measures for new parents aimed at helping families cope with the rising cost of living and tackling the demographic problem facing the country. Minister of National Economy and Finance Kostis Hatzidakis and Minister of Social...

Greece expects its economy to grow by 2.9 percent next year from 2.4 percent in 2023, according to the final budget plan for 2024 tabled in Parliament on Tuesday. The budget plan will be discussed in the Parliamentary Economic Affairs...

Greece on Wednesday announced fines totaling 1.67 million euros ($1.81 million) on the local branches of two U.S.-based healthcare and consumer products giants for alleged breaches of a profit cap imposed amid Greece's cost-of-living crisis. The Development Ministry said Johnson...

"Most likely we will avoid a recession" notes John Koudounis in an exclusive interview to Greek Reporter. The president and chief executive officer of Calamos Investments also spoke about the US economy, interest rates, inflation, recession fears, crypto and...

John Koudounis, president and chief executive officer for Calamos Investments told the Concordia Summit taking place in New York that he does not foresee lower interest rates soon. Koudounis spoke at a panel titled "Navigating Investment Landscapes: Capital and Opportunity"...

Greece has become the best choice for investment in emerging markets, said Marshall Stocker, co-head of emerging markets at Morgan Stanley. As Stocker stated on CNBC's Squawk Box, this was due to "the improvement in the economic institutions that the...

The Bank of Greece (BoG) sees an acceleration of recovery in Greece after 2023 with growth projected at 2.2% in 2023, 3% in 2024, and 2.7% in 2025. According to its projections, included in its annual Monetary Policy Report 2022-2023...

Turkey’s central bank raised the key interest rate Thursday, almost doubling it from 8.5% to 15% as the new economic administration of recently re-elected President Recep Tayyip Erdogan embarked on a dramatic monetary policy U-turn. The whopping 650-basis-point rate rise...

A consumer group has called for a widespread "pasta strike" across Italy in response to the soaring prices of this dietary staple, which have risen at a rate more than double that of inflation. In March, prices rose by 17.5%,...

The World Bank, a global financial institution, predicts the world's economic growth will slow in 2023. This means that the global economy will not expand as quickly as it has in previous years. The projected growth rate for this...