Search Results: economy

The report underlines the Greek economy’s dynamic, justifying an overweight stance in the investment sector.

Greece is making strides in its long fight against tax evasion, but the shadow economy still casts a long shadow over the country's ability to cut taxes or invest more in public services.

This estimate is based on data available up to the first quarter of 2025 and therefore reflects the economic momentum before the recent escalation of the geopolitical crisis

The tourism sector is expected to create 1.1 million jobs by 2035 and contribute €58.2 billion to the Greek economy.

The change marks a 0.4% rise compared to Q4 in 2024. Based on non-seasonally adjusted data, the GDP posted a 1.4% rise over the same period compared to Q1 in 2024.

Swiss-based multinational investment bank UBS is “bullish” on the Greek economy, expecting it will have a robust performance in 2024-2026 based on the country’s fundamentals. In its analysis, UBS affirms the country’s recovery, pointing to economic growth rates outpacing those of the EU average while also highlighting a steady fall in inflationary pressures. A combination […]

The Greek economy is set to experience two more years of strong economic growth, according to Morgan Stanley, with the American-based multinational investment bank forecasting a GDP expansion of 2.2% in 2025—a slight deceleration of just 10 basis points compared to 2024. For 2026, Morgan Stanley projects a notable slowdown in the Greek economy, when […]

The Greek economy expanded by 2.3% in 2024 and is projected to grow at a similar rate in 2025, while in 2026 GDP will reach 2.2%, according to the European Commission’s Spring forecast. Consumer spending and investment supported by EU funding are seen as the primary driving forces for the rise in Greek GDP. Inflation […]

A Bank of Greece (BoG) report assesses the country’s financial stability and recovery are at risk from external factors linked to rising geopolitical tensions and the global resurgence of trade protectionism like tariffs. The May 2025 Financial Stability Report highlights significant improvements in the Greek banking sector, as it continued to exhibit robustness in its […]

Greek PM Mitsotakis the first foreign leader to meet with the newly sworn-in German Chancellor Merz in Berlin

Alpha Bank examined the direct and indirect impact of President Donald Trump’s tariffs may have on the Greek economy, according to the bank’s latest economic bulletin. The analysis focuses on key sectors that could be affected by heightened tariffs under a potential new U.S. administration, including exports, foreign direct investment (FDI), and tourism flows. Indirect […]

Greece's Finance Minister and the Governor of the Bank of Greece highlight the country's economic momentum, stressing the importance of investments, reforms, and crackdown on tax evasion.

The widespread implementation of point-of-sale (POS) systems has played a key role in reducing the size of the shadow economy, once estimated at 30%, now brought down to less than half, Greek Finance Minister Kyriakos Pierrakakis announced during the opening of the 5th OT Forum. He explained that while previously the underground economy accounted for […]

The IMF's analysis of global population aging and the three "antidotes" to its economic impact

In this episode of the podcast we look at what Trump's tariff policy will mean for Greece.

On Tuesday, Greece also filed a formal request for the activation of the “defense spending escape clause,” which would allow defense expenditures to be excluded from the budget deficit calculations.

It is notable that the 30–44 age group is proportionally decreasing, while the number of workers over the age of 65 is on the rise.

IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock’.

The current account deficit worsened in 2024, increasing by 1.3 billion euros year-on-year, following a significant reduction in 2023.