Greece

After a robust recovery from the Covid-19 pandemic and increasing favor with several credit rating agencies, the Greek economy is expected to see a continued trend in positive growth in the new year. The Greek Economy in 2024 In its World...

Greece approved a national recovery plan that it hopes will boost economic growth by as much as 7 percentage points over the next six years.

Hundreds of policymakers, diplomats, entrepreneurs, economists and academics from all over the world are expected to tune in for the 31st annual Greek Economic Summit (GES), to be held digitally on December 1-3. The Summit, called "Forging Ahead in Challenging...

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...

The Greek economy is expected to contract by 10.5 percent this year and to grow by 4.8 percent in 2021, according to provisions included in the new state budget, which was brought before Parliament by Finance Minister Christos Staikouras...

Finance Minister Christos Staikouras and Alternate Minister Theodoros Skylakakis on Monday brought a draft for the 2021 state budget before Parliament. The plan envisages a robust economic growth rate of 7.5 percent for the next year, and features a series...

Summer's higher temperatures in the Northern Hemisphere are unlikely to significantly limit the growth of the coronavirus pandemic, according to a Princeton University study published Monday in the journal Science. Several statistical studies conducted over the past few months have...

The Greek economy will fall to zero growth this year while it will show a significant divergence from fiscal targets for the year, the Bank of Greece said in its annual report on the Greek economy, presented on Friday. The...

The European Commission published its Winter 2020 Economic Forecast on Thursday, showing Brussels' projections regarding growth rates for nations in the European Union for both 2020 and 2021. The European Executive body noted in the report that ''The euro area...

The Greek government announced on Thursday the formation of a special commission to draft a new "Growth Plan" for the Greek economy. The commission includes economists and executives who will combine their accumulated academic knowledge, international acumen, market knowledge and...

Greece's state budget for the financial year 2020 was presented to Parliament by Finance Minister Christos Staikouras on Thursday. A growth rate of 2.8% and a primary surplus of 3.6% in 2020 are foreseen in the new budget, slightly exceeding...

The International Monetary Fund (IMF) published its most recent ''World Economic Outlook'' on Friday. The new forecast of the Fund sends mixed signals about Greece's prospects, revising upward some short-term indexes while smashing the government's hopes for sustainable and strong...

The Greek economy is expected to grow by 1.8 percent this year and 2.3 percent in 2020, the European Commission said in its autumn forecasts released in Brussels on Thursday. The EU's executive body said it expected Greek GDP to...

Rating agency Standard and Poor's upgraded on Friday evening Greece's sovereign credit rating by one notch, from B+ to BB-. The agency noted that the decision of the government in August to lift the remaining capital controls was implemented without...

The Greek Finance Ministry presented a proposed 2020 budget in Parliament on Monday which foresees the Greek economy growing by two percent this year and 2.8 percent in 2020. According to the report from the Hellenic Fiscal Council, which endorses...