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EU Predicts Rosy Outlook for Cyprus Economy This Year

The Gross Domestic Product (GDP) of the island nation of Cyprus is expected to grow by 3.3 percent in 2019, the European Commission said...

ELSTAT: Greek GDP Rises by $4.2 Billion in 2017

According to the final figures for 2017 released by Greece’s Statistics Authority (ELSTAT), Greek GDP increased by €3.75 billion ($4.20 billion). This increase is...

New Report Claims Greece Can Expect 2.1% Growth in 2018

  As reports from Germany on Thursday appeared to link proposed Greek debt relief with growth rates, a think tank in Athens claimed the economy would...

Greek GDP Rises for Fourth Consecutive Quarter

New data has revealed that Greece's economy grew again last October-December, a fourth consecutive period of quarter-on-quarter growth. ELSTAT, Greece's official statistics agency, said on...

Greece’s Epirus, Thrace Rank Among EU’s Poorest Regions

Greeks are at the lowest levels in the EU in regards to gross domestic product (GDP) per capita and purchasing power standard (PPS), according...

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...

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