Tag: Greek economy
Greek Economy to Contract by 9 Percent in 2020, EU Report Says
The Greek economy is projected to contract by 9.0 percent this year; however, growth projections for 2021 foresee growth of 6.0 percent, the European...
Bank of Greece Forecasts Zero Growth for 2020
The Greek economy will fall to zero growth this year while it will show a significant divergence from fiscal targets for the year, the...
Greece to Cut Taxes and Offer Incentives for Large Investments
The Greek government plans to offer tax relief to households, to cut business taxes and offer incentives to lure wealthy individuals to change their...
US Secretary of Commerce Meets Greek PM to Discuss Investment
The many investment opportunities offered by Greece and efforts to achieve closer cooperation between Greece and the US in the trade sector dominated a...
Greek Economy Grew by 1.9% During Second Quarter of 2019
The Greek economy grew by 1.9 percent during the second quarter of 2019, compared to the corresponding period in 2018, the Greek Statistical Authority...
September Will be Crucial Month For Course of Greek Economy
September is considered to be a pivotal month for the Greek economy, regarding both budget figures and contacts with its European partners on the issue...
OECD Forecasts 2.1 Percent GDP Growth for Greece in 2019
Greece's economic recovery is expected to maintain its momentum, with the country's Gross Domestic Product (GDP) rising by 2.0 percent or slightly more in...
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...
