Among member states, the highest debt-to-GDP ratios at the end of Q2 2025 were recorded in Greece (151.2%).
The Washington D.C.-based Fund's Fiscal Monitory report said Greece's debt is forecast to decrease by 16.5 percentage points over the next five years, despite lower primary budget surpluses
Established in 2020 and running through 2026, the initiative includes the (RRF), with a total envelope of up to €725 billion — roughly 4% of the European Union’s GDP
The Center of Planning and Economic Research revised, slightly downwards, it previous forecast of 2.2%
Deutsche Bank said it believes the sharp decline in inflation from the 2022–2023 highs has largely run its course.
France is Europe’s more-or-less unenviable “tax champion” at 45.6%, followed in close order by Belgium (44.8%), Denmark (44.7%), and Austria (43.5%)
Greece is facing a deep demographic crisis, with the magnitude of the problem so serious that it risks causing enormous damage to the economy's growth prospects
Climate change reduces disposable income and will trigger wider disruptions due to the interconnected nature of economic sectors.
The report cites a World Bank report from 2016, which paints a bleak picture of Greece’s social welfare system
Greece’s GDP growth is projected to reach 2% in 2025 and 2.1% in 2026, according to the latest Economic Outlook report on global economic prospects released by the OECD. According to estimates, investments will be bolstered by disbursements from the EU’s Recovery and Resilience Facility, while increases in the minimum wage are expected to support […]
Greece remains one of the European Union’s top defense spenders, allocating 3.08% of its GDP to military expenditures in 2024 — far surpassing NATO’s 2% guideline.
Some of the holders have challenged the validity of a notice issued by Athens last month to exercise a re-purchase-before-maturation option that settles on Wednesday
The Greek per capita GDP will reach 2007-10 levels in 2033, according to a working paper released by the Budget Office of the Parliament on Tuesday, May 13. The Budget Office put forward two scenarios, according to which the Greek per capita GDP would be commensurate with 2007. In the first case study, assuming a […]
Year-on-year growth was positive in eleven member states, while three saw contractions.
Greece is showing strong fiscal momentum, with new data from ELSTAT revealing a significantly higher-than-expected primary surplus for 2024.
The Greek economy grew by 2.3% in 2024, according to initial estimates from the Hellenic Statistical Authority (ELSTAT), with Q4 GDP running at 2.6%. According to the available seasonally adjusted data, Greece’s Gross Domestic Product (GDP) in volume terms increased by 0.9% in the fourth quarter of 2024 compared to the third quarter of the […]
The report suggests Greece’s economic expansion will be fueled primarily by investments, supported by projects financed through the EU Recovery Fund.
The Bank of Greece (BoG) projects the country’s economy will expand at a higher rate this year over the next 3-year period in a report. The BoG believes the GDP acceleration in 20205 will be buttressed by more rating upgrades from international credit agencies. In more detail, the central bank sees the economy growing by […]
Furthermore, it is observed that during the period 2019–2023, the income gap between Greece and Europe widened even more.
Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis