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Greece

Eurogroup to Discuss Greek Economy After National Elections

It is highly improbable that issues involving Greece will be discussed at Thursday's Eurogroup in Luxembourg, a top Eurozone official said on Wednesday to the state-run AMNA news agency. AMNA quotes the same official as saying that the third report...

BoG Governor Stournaras: 'We Need To Shield The Greek Economy Against International Turmoil'

Bank of Greece (BoG) governor Yannis Stournaras in an interview with Greece's 'Parapolitika' newspaper on Saturday stressed the need to shield the Greek economy against international turmoil. "The international economic climate is not so friendly as some believe," Stournaras noted,...

Tourism Is National Champion of the Greek Economy, ISETE Report

Tourism has contributed significantly to the Greek economy, according to an INSETE report. It has become a true national champion in the race for a more extroverted Greek economy, given that more than 90% of its revenues come from...

Greek Economy Set for Continued High Growth in 2024

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...

China Honors Greece at 18th International Beverages Expo

China will honor Greece in April at its 18th China International Beverages Expo (CIIE) held in the city of Luzhou. It will be the second time they have done so, the first being in 2019. Greece is a comprehensive strategic...

Multinational Firms Heavily Invest in Data Centers in Greece

A number of multinational firms have invested heavily in building huge data centers in Greece over the past two years. After over a decade of being at the bottom of data gathering in southwest Europe, Greece is slowly becoming...

IMF Says Greek Economy Will Grow by 6.5% This Year

The International Monetary Fund (IMF) announced on Tuesday that the Greek economy is looking at a growth rate of 6.5% by the end of 2021. The IMF detailed the country's growth for 2021 in their global economic outlook report, where...

IMF: Economy of Greece to Bounce Back Significantly in 2022

The economy of Greece is projected to grow by 5.4 per cent in 2022, the International Monetary Fund (IMF) said.

IMF: Greek Economy to Grow 3.3% in 2021; By 5.4% in 2022

A new report from the International Monetary Fund (IMF) released on Wednesday estimated that the Greek economy will grow by 3.3% this year.

Capital Link's Virtual International Summit to Focus on Investing in Greece

Policy-makers, diplomats, economists and entrepreneurs will participate in the 22nd Annual Capital Link Invest in Greece Forum, which will take place on Tuesday - Wednesday, December 15th - 16th, 2020. A global audience will hear presentations by PM Kyriakos Mitsotakis...

EU Says Greek Economy to Contract Nine Percent in 2020, Rebound in 2021

A new European Commission report released on Thursday stated that it expects the Greek economy to contract by 9.0 percent this year, but rebound, growing by 5.0 percent in 2021,  due to the economic upheaval caused by the coronavirus...

Greece's National Bank Reports 457-Million Euro Profit in First Half of 2020

Greece's National Bank recently reported impressive profits despite the worldwide economic downturn caused by the coronavirus pandemic this year. The National Bank Group announced that its after-tax profits totaled 457 million euros in the first half of 2020, up from...

IMF: Coronavirus Lands Record Blow to Greek Tourism, Economy

The dramatic reduction in tourist revenues in Greece caused by the coronavirus pandemic will have a deeply negative impact on current account balances, amounting to a loss of up to six percent of the nation's GDP, the International Monetary...

Capital Link Forum On Re-Starting Greek Economy Post-Covid-19

Prominent policymakers, entrepreneurs and academics from both sides of the Atlantic will participate in the 10th Annual Capital Link CSR Forum, titled "Economy and Society: The Next Day," which is due to take place virtually on June 23. The Forum,...

Greek PM Outlines 24 Billion Euro Plan to Kick-Start Tourism, Economy

Greek Prime Minister Kyriakos Mitsotakis outlined a plan on Wednesday to kick-start the Greek economy with a 24 billion euro program ($26.3 billion) to help businesses and employees recover after the coronavirus lockdown. In a televised address, Mitsotakis spelled out...