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Bloomberg Says Greek Economy Among “Most Miserable” in the World

  The Greek economy remains among the five most difficult economies in the entire world, according to Bloomberg survey published on Thursday. Despite official declarations that...

Bank of Greece Revises Growth Downward for 2019

The Bank of Greece said in a report on Monday that the Greek economy is expected to grow by 1.9 percent this year, which...

Moody’s Upgrades Greece’s Rating by Two Notches

Rating agency Moody's announced on Friday it has upgraded Greece's sovereign credit rating by two notches from "B3" to "B1" with a stable outlook. In...

EU Positive on Greece’s Growth But Encourages Reforms

The European Commission on Thursday revised their forecast for Greek economic growth slightly upward in 2019 and 2020, but warned that the nation's economic recovery...

OECD Says Greek Economy to Grow by 2.2 Percent in 2019

Economic growth in Greece will exceed two percent in 2019 and 2020, the Organisation for Economic Cooperation and Development (OECD) stated in its Economic...

EU Commission’s Autumn Forecast: Greek Economy To Grow By 2 % in 2019

The Greek economy is expected to grow by 2 per cent in the next three years, the European Commission said in its autumn forecast...

World Economic Forum: Greek Competitiveness Drops in 2018, Falls to 57th

Greek economic competitiveness declined in 2018. According to the World Economic Forum's annual report, Greece ranks in 57th place in competitiveness among 140 countries,...

U.S. Commerce Secretary Ross Calls on Greece to Remove Restrictions on Business

Greece completed its fiscal adjustment program successfully, and the next step is for the economy to enter a trajectory of real growth, U.S. Commerce...

Special Rules for Greek ECB Borrowing to End After Bailout Exit

Greece will be unable to access cut-rate European Central Bank funding from Aug. 21 -- a day after the expected 'official' exit from the...

Greek Bond Yields Rise Amid International Tensions

International market strife over U.S. sanctions on Russia and Turkey has had a knock-on effect with Greek bond yields breaking the four-percent mark on...

Greek Unemployment Falls in May

The Greek unemployment rate fell to 19.5 percent (seasonally adjusted) in May from 21.7 percent in May 2017 and 20 percent in April 2018,...

ESM Releases Last Bailout Tranche to Greece Worth €15B

Greece on Monday received a fifth and final multi-billion-euro payment ahead of the country's exit from its economic bailout scheduled for Aug. 20. The European Stability...

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