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IMF Reiterates: Lowering Greece’s Primary Surplus Target After 2022 is Imperative

The target of achieving a primary surplus of 2 percent of GDP after 2022 offered to Greece by its European lenders at the last...

OECD: Greek Economy to Grow 1.1 Percent in 2017, 2.5 Percent in 2018

Greek economy is expected to grow by 1.1 pct this year and by 2.5 pct in 2018, the OECD said in its Global Economic...

PM’s Office to Partners: We Expect to Implement their Commitments

In an announcement commenting on the Greek GDP growth figures announced by the independent statistics agency ELSTAT on Friday, the prime minister's press office...

Greek GDP Revised Upwards to +0.4% in Q1

Greece on Friday revised upwards its GDP figures for the first quarter, to an increase of 0.4 pct after a 0.5 pct decline initially...

Deciding on Greece’s Fate Behind Closed Doors Cannot Continue, Says Moscovici

Deciding on Greece behind closed doors and without accountability cannot continue forever, Economic Affairs Commissioner Pierre Moscovici said on Thursday, speaking at the Brussels...

Underground Economy in Greece Is About One Quarter of GDP

The size of Greece's underground economy -- where transactions take place out of the radar of tax authorities -- is estimated to be about...

Eurozone Growth at 1.7% in First Quarter; Greece Is the Only Country in Recession

The eurozone economy grew at a rate of 1.7% in the first quarter, while Greece is the only country that experienced a recession. According to...

Moody’s Says Agreement With Creditors Paves Way for Greek Debt Relief

An agreement reached between Greece and its creditors raised the possibility of a debt relief in the official sector and it is positive for...

Greece Records Primary Surplus of 3.9% of GDP in 2016

Greece recorded a primary surplus of 3.9 percent of GDP in 2016, official figures showed on Friday. Hellenic Statistical Authority, in a report, said...

IMF Report: Greek Economy to Grow 2.2% in 2017 and 2.7% in 2018

Economic growth in Greece will reach 2.2 percent in 2017 and increase to 2.7 percent in 2018, the International Monetary Fund said in its...

All Eyes Turned to Washington for World Bank Group and IMF Spring Meetings

Finance Minister Euclid Tsakalotos and Alternate Finance Minister George Chouliarakis on Thursday will depart for Washington where the 2017 spring meetings of the World...

Debt Relief for Greece Essential, Peterson Institute Working Paper Concludes

Greece cannot sustain primary surpluses exceeding 3.5 pct of GDP for more than three or four years at most and will therefore need additional...

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