Among member states, the highest debt-to-GDP ratios at the end of Q2 2025 were recorded in Greece (151.2%).

Labor costs are driven by two main components: wages and salaries, and non-wage expenses such as social contributions

The European Central Bank left its key interest rate at 2% and is expected to maintain that stance next month before reopening talks on possible cuts in the autumn.

Meanwhile, Greece's booming tourism industry—surging since last year and maintaining high levels this season—has added upward pressure on prices, especially in the services sector.

The final approval process is now in the hands of EU finance ministers

The European Stability Mechanism (ESM) has sounded the alarm on growth prospects in the eurozone, including Greece, in a report warning that GDP growth could fall to just 0.5% by 2029 from 1.3% in 2023—unless labor productivity improves significantly. Regarding Greece and other peripheral countries in the eurozone, the study notes that in the case […]

The investment recovery and reform momentum are expected to continue driving Greece’s growth through 2025 and 2026.

Year-on-year growth was positive in eleven member states, while three saw contractions.

Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.

The Bank of Greece has raised its inflation forecast for 2024 to 2.9%, up from a previous estimate of 2.5%, suggesting that price pressures will remain higher than initially anticipated.

The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.

According to a survey by Eurostat, the Greek job vacancy rate is half that of the Eurozone average. As the data indicates, Greece is fourth from the bottom in job vacancy rates, tied with Luxembourg. However, a fundamental difference between the two countries is that Luxembourg boasts the lowest unemployment rate in the EU, while […]

Inflation in Greece saw a slight decline in February, settling at 3%, down from 3.1% in January, according to data from the European Union’s statistical authority, EUROSTAT. In the eurozone, inflation stood at 2.4% in February, compared to 2.5% the previous month. Examining the main components of inflation in the eurozone, services recorded the highest […]

Greece’s economic model is now more export- and investment-oriented, relying less on consumption and displaying fewer imbalances compared to the past.

Among Eurozone countries, Ireland, Italy, and Finland recorded the lowest inflation rates in January, at 1.7% each

The cost of services and non-energy industrial goods in Greece continues to rise significantly faster than in other eurozone countries, according to the Bank of Greece’s Inflation Monitor report.

A recent survey by the European Central Bank (ECB) across Eurozone member states revealed that in 2024, Greece was among the countries where cash lost ground to electronic payments, such as cards and mobile payments. Cash vs. Card Payments in Greece In Greece, only 42% of the total value of transactions at consumer service points […]

High unemployment, lower productivity, and economic recovery post-crisis are believed to contribute to Greece's low ranking

According to the results of the survey, the average price of a 500-gram loaf of fresh white bread is 48% percent lower than the average Eurozone price