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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...

EU Predicts Rosy Outlook for Cyprus Economy This Year

The Gross Domestic Product (GDP) of the island nation of Cyprus is expected to grow by 3.3 percent in 2019, the European Commission said...

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...

Cyprus Construction Saw Huge Boom During 2016

According to the annual report ''Construction and Housing Statistics, 2016'' released on Thursday by the Statistical Service of Cyprus, construction activity registered an increase...

Majority of Greeks Believe Nation is Still in Recession

According to a survey conducted by Nielsen in the third quarter of 2018, 72 percent of Greeks still believe that the country's economy is...

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...

IMF: Greek Economy To Grow By 2.4 % In 2019

The International Monetary Fund (IMF) released its Regional Economic Outlook for Europe report on Thursday, making a more positive forecast regarding the prospects of...

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...

‘Electoral Ambiguity Increases Instability’, Greece’s Federation of Enterprises Says

The Federation of Greece's Enterprises (SEV) published its monthly bulletin for economic activity on Monday. In the report the Federation stresses the lack of a...

IMF Upgrades Cyprus’ Growth Projection

The International Monetary Fund (IMF) has significantly upgraded its projections on the Cypriot economy’s growth for the years of 2018 and 2019 at the...

IMF Revises Greece’s 2019 Growth Rate Upwards

The International Monetary Fund has revised Greece's short-term growth forecasts upward while lowering medium-term forecasts in its October 2018 World Economic Outlook. The report will...

IMF Report Damps Optimism Over Greece’s Growth Prospects

The International Monetary Fund (IMF) has dampened optimism over the medium- to long-term prospects for the Greek economy as the country prepares to complete...

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