GDP
Greece
We Continue to Expect Economic Growth in Greece in 2017, EC Commission's Breidthardt Says
We continue to expect economic growth in Greece in 2017, European Commission spokeswoman responsible for Economic Affairs Annika Breidthardt on said on Monday, regarding the latest GDP figures.
Greek statistics agency revised its estimates on the course of the country's...
Greece
No Discussion for Implementation of Measures as of 2018, Gov't Spox Tzanakopoulos Says
"There is no discussion on the implementation of measures as of 2018," stated government spokesman Dimitris Tzanakopoulos in a press briefing on Thursday.
"At this particular phase of the negotiation at a technical level, it is necessary for all sides...
Economy
BoG: Greek Economy Could Grow by 2.5% in 2017
The Greek economy could grow by 2.5 % this year on conditions, the Bank of Greece said in its Annual Report, presented by governor Yiannis Stournaras on Friday.
Based on current data, the country's primary surplus in 2016 is expected...
Economy
European Commission Expects 2.7% Growth in Greek Economy in 2017
The Greek economy grew 0.3 percent in 2016 and is expected to grow by 2.7 percent this year and by 3.1 percent in 2018, the European Commission said in its winter forecasts.
The EU's executive, in a report released on Monday,...
Greece
IMF Asks for Lower Tax-Free Threshold and Pensions
The International Monetary Fund (IMF) wants Greece to legislate a lower tax-free threshold and pensions which would be implemented in the “near future” and after the economy has started recovering, its spokesman Gerry Rice said at a regular press...
Economy
Greece at the Bottom of Inclusive Development Index Ranking
Greece has ranked last among developed economies, according to the Inclusive Development Index (IDI) compiled by the World Economic Forum (WEF) and published on Friday.
According to the Forum's report (The Inclusive Growth and Development Report 2017), Greece ranked 29th...
Greece
Greeks Lost one GDP in Net Wealth During the Crisis
Greeks' present net wealth, excluding loans, was 856 billion euros, from 1,023 billion in 2009 -- before the Greek debt crisis -- and 683 billion euros in 2000 before the country entered the Eurozone, according to Credit Suisse data...
Economy
ECB: Greece Forecasted to Achieve Growth Rate of 0.1% of GDP in 2016
The European Central Bank (ECB) forecasts that Greece will achieve a growth rate of 0.1 percent of GDP in 2016, in the Eurosystem staff macroeconomic projections for the euro area countries posted on its website on Thursday.
Growth rates in...
Economy
Greek FinMinTsakalotos: Good That Short-Term Measures on Debt Will be Implemented Now
The short-term measures on debt relief for Greece will be implemented immediately and are more ambitious than initially expected, Finance Minister Euclid Tsakalotos said on Monday after the end of the Eurogroup meeting in Brussels.
“Everyone confirmed that important progress...
Economy
ND Party Says GDP Data Increase Is No Reason for Joy
The recovery registered in Greece in the third quarter of 2016 is no cause for celebration, New Democracy (ND) said in a statement on Monday, noting it is compared with a devastating quarter last year.
"The government is extolling the...