Greek GDP

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...

The Greek economy is expected to grow by 2.5 percent this year and in 2019, the European Commission said in its economic outlook estimates for the 2017-2018 period, released on Wednesday. The report said economic recovery was expected to strengthen...

More than one in five euro notes changing hands in Greece is not recorded, as shadow economy amounts to 21.5% of gross domestic product, according to a study by the Institute for Applied Economic Research, at the University of Tübingen. Greece is the leader among...

Statistics service ELSTAT has suspended until further notice the release of flash quarterly estimates on the country's gross domestic product because of divergences with provisional estimates, an official at the statistics service announced on Monday. The move means that flash...

The Organization for Economic Cooperation and Development published new data on Tuesday that highlights, among other figures, the negative performance of the Greek economy in the last eight years between the first quarters of 2007 and 2015. The initial decline in Greece's various economic indexes...

The Greek economy grew at a slightly faster rate in the second quarter of 2015 with the country's GDP rising 1.6%, up from an initial estimate of 1.4%, Hellenic Statistical Authority (ELSTAT) said on Friday. The statistics service, in its revised...

The Greek Parliamentary Budget Office found that the Greece's economy will face a tough few months ahead. In its quarterly report for the April and June 2015 period, the Office noted that the capital controls in effect since June 28 will not be lifted...

Qatar, Luxembourg and Singapore are not just three of the smallest countries in the world, they are also the three richest countries on the planet. A recent analysis released by Global Finance Magazine “the most commonly accepted method of determining...

The European Commission slashed its previous forecasts regards the Greek economy growth in 2015 and the country’s primary surplus, announced Pierre Moscovici on Tuesday, May 5. The Commission, which finished gathering data for its forecast on April 21, noted that...

Greek Finance Minister Yanis Varoufakis is currently holding the third and most crucial of a series of meetings with his Eurozone counterparts in Brussels in an attempt to strike a deal regarding the future of the Greek program. The talks...