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Greek economic news

Greece Becomes Europe’s Tax-Free Shopping Champion

Greece has became a European champion in regards of tax-free shopping against the background of the turbulent economic situation in the world. The country has become the favored destination for duty-free purchases by visitors from third countries. Although there...

Greece Tops Morgan Stanley’s Emerging Markets Fund

Greece has become the best choice for investment in emerging markets, said Marshall Stocker, co-head of emerging markets at Morgan Stanley. As Stocker stated on CNBC's Squawk Box, this was due to "the improvement in the economic institutions that the...

Greece's Growth Rate to Reach 7.5% in 2021 According to New Projections

Finance Minister Christos Staikouras and Alternate Minister Theodoros Skylakakis on Monday brought a draft for the 2021 state budget before Parliament. The plan envisages a robust economic growth rate of 7.5 percent for the next year, and features a series...