growth
Economy
The Economist Ranks Greece’s Economic Performance in Top Spot for 2023
Greece's economic performance for 2023 has been ranked in the top spot in the list of 35 countries around the globe by the Economist magazine.
According to the Economist’s analysis based on five economic and financial indicators (inflation, “inflation breadth”,...
Economy
IMF’s Key Findings and Recommendations for Greece
Greece’s economy is expected to expand by 2.5% this year due to strong domestic demand, investments and EU funds, the International Monetary Fund (IMF) said on Tuesday.
Growth will slow down to 2.0% next year, the fund said in staff...
Economy
IMF: Greek Economy to Grow Faster Than Eurozone Average
The Greek economy is expected to grow by 2.5% this year and 2% in 2024, significantly exceeding average growth rates of 0.7% and 1.2% in the eurozone, the International Monetary Fund (IMF) said in its World Economic Outlook report...
Economy
Greece Projects Economy Growth at Faster Pace in 2024 Budget
The 2024 budget tabled in Parliament on Monday shows that Greece's economy is projected to grow at a faster pace next year, rising by 3.0 percent compared to a 2.3 percent expansion this year.
According to the draft budget, Greece...
Economy
Greek Economy Grew by 2.7% in Second Quarter
The Greek economy recorded a growth rate of 2.7 percent in the second quarter of 2023 compared to the same period in 2022, according to data compiled by the Hellenic Statistical Authority (ELSTAT).
ELSTAT data indicate that, on an annual...
Economy
Bank of Greece Sees 2.2% Growth in 2023, 3% in 2024
The Bank of Greece (BoG) sees an acceleration of recovery in Greece after 2023 with growth projected at 2.2% in 2023, 3% in 2024, and 2.7% in 2025.
According to its projections, included in its annual Monetary Policy Report 2022-2023...
Economy
Moody’s, Goldman Sachs Upgrade Prospects for Greek Economy
The prospects for the Greek economy have been lauded by two separate reports from Moody's and Goldman Sachs.
Moody's estimates that the general government debt will be falling below 150% of GDP in 2025 from 171.3% in 2022, thanks to...
Economy
Greece on the Verge of an ‘Economic Megacycle’, Barclays Says
Greece is on the verge of a third economic megacycle irrespective of who wins the elections, Barclays Bank analysts forecast.
The British multinational published a big report on Greece earlier in the week lauding the economic performance of Greece, which...
Economy
Greek Economy to Grow 2.2% in 2023, Central Bank Forecasts
The Bank of Greece has raised its economic growth forecast for Greece this year, according to the central bank’s governor, Yannis Stournaras.
Presenting the bank’s annual report on Friday, Stournaras said that the Greek economy is expected to grow by...
Economy
IMF Predicts Inflation to Peak Amid Low Growth
The International Monetary Fund (IMF) released the latest World Economic Outlook report this week. The report tracks important global economic trends.
The forecast for growth remains low but has improved since the most recent projections. At the same time, the...