European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024
By 2026, the reduction in public debt is expected to bring it close to 140% of GDP.
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GREEK ECONOMY
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European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024 -
Greek Households Most Pessimistic in Europe: IOBE Report
Greek Households Most Pessimistic in Europe: IOBE Report
Over six in ten (65%) of households said that their financial situation worsened over the past year
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2024 Tax Competitiveness Index: Greece 27th of 38 OECD Countries
2024 Tax Competitiveness Index: Greece 27th of 38 OECD Countries
The country remained in the same spot from last year's list and is sandwiched between Belgium (26th) and Denmark (28th). For the 11th year in a row, Estonia ranked 1st on the Index
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Over €3bln Injected in Greek Economy – PM Speaks at Event
Over €3bln Injected in Greek Economy – PM Speaks at Event
Additionally, a 300 million euro Guarantee Fund will be created with the European Investment Bank, leading to 1.5 billion euros in leverage
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Greek Economy Expands 2.3%, Boosting Growth Outlook Through 2028
Greek Economy Expands 2.3%, Boosting Growth Outlook Through 2028
For 2024, the growth rate of the Greek economy is now expected to reach 2.14%, up from the previous estimate of 2.09%
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Greek Economy: Bankers’ Insights on Investments and Reforms
Greek Economy: Bankers’ Insights on Investments and Reforms
Karavias also noted that the extended delay in dividend distribution underscores the severity of the Greek financial crisis and the difficulties faced by the banking sector. However, the recent approval of dividends by regulatory authorities is seen as a positive sign of the sector’s return to normalcy and reflects growing confidence in the future of Greece’s banking industry and overall economy.
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Greek Government Warns Banks Over Fees, Threatens State Intervention
Greek Government Warns Banks Over Fees, Threatens State Intervention
The Greek government has issued a stern warning to banks, threatening state intervention unless they decrease the fees they impose on clients for various banking services.
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ECB to approve Greek banks’ dividend demand
ECB to approve Greek banks’ dividend demand
The European Central Bank is expected to approve a request by Greek banks to resume the payment of dividends after 16 years, four bankers told Reuters on Wednesday, a further sign of the sector’s rebound.
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Fitch Affirms Greece at BBB-; Outlook Stable
Fitch Affirms Greece at BBB-; Outlook Stable
Fitch cited Greece's ratings reflect income per capita levels and governance indicators that are well above the 'BBB' median, as well as policy credibility supported by EU and eurozone membership
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EBRD: Greek economy to grow 2.3% in 2024 and 2.6% in 2025
EBRD: Greek economy to grow 2.3% in 2024 and 2.6% in 2025
Greece's GDP is expected to grow from 2.0% in 2023 to 2.3% in 2024 and 2.6% in 2025, the European Bank for Reconstruction and Development (EBRD) said in a report on Wednesday.
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Greek economy boosted with public investments of 11.2 bln euros in 2023
Greek economy boosted with public investments of 11.2 bln euros in 2023
The initital budget of the Public Investment Programme for 2023 was raised by 800 million euros with supplementary budgets to deal with increased needs for the restoration of damages from natural disasters.
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Greek Economy Best in World in Economist’s 2023 Performance Rankings
Greek Economy Best in World in Economist’s 2023 Performance Rankings
Based on The Economist's analysis, grounded in five economic and financial indicators (inflation, "inflation breadth," GDP, employment, and stock market performance), Greece maintains its lead in economic performance among 35 primarily affluent nations for the current year
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Greece’s economy grew by 2.1% in Q3
Greece's economy grew by 2.1% in Q3
Greece's GDP grew 1.9% in the first quarter and 2.6% in the second quarter of the year compared with the same periods in 2022, and by 0.1% and 1.1% on a quarterly basis, the independent statistics service ELSTAT said on Wednesday.
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Greek economy to grow by 2.4% this year, 2.0% in 2025, OECD survey
Greek economy to grow by 2.4% this year, 2.0% in 2025, OECD survey
The Greek economy is projected to grow by 2.4% this year and 2% in 2024 rising again to 2.4% in 2025, the OECD said in its economic survey report released on Wednesday.
