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recovery

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...

Greek Economy Grew by 1.9% During Second Quarter of 2019

The Greek economy grew by 1.9 percent during the second quarter of 2019, compared to the corresponding period in 2018, the Greek Statistical Authority (ELSTAT) announced on Wednesday. The statistics service also announced that Greek GDP rose 0.8 percent in...

Schaeuble Expresses Optimism Over Greek Economy

  German Finance Minister Wolfgang Schaeuble expressed optimism on Monday regarding Greece's economic future following last week's deal with creditors to unlock its next tranche disbursement. Addressing a conference on the sustainability of Germany's fiscal condition, Schaeuble said that while the...

Financial Times: Greece First in Global Equities

The Daily Mail and Financial Times have written on the Athens Stock Exchange, noting that Greece is first in world market shares. An article entitled “Greek Markets Reflect Recovery of Developed World's Economies” pointed out the significant stock market returns...