The organization says the ongoing conflict in the Middle East is weighing on growth prospects and fueling inflationary pressures, with updated forecasts expected in early June
Once the ultimate post-oil success story, Dubai is now hemorrhaging hundreds of millions daily as regional conflict collapses tourism and empties hotels
Businesses are closing, unemployment is soaring and food is increasingly unaffordable
Gross domestic product in the eurozone grew 0.1% in the first quarter
Heavy reliance on Gulf fuel imports leaves Greece exposed to rising energy costs and supply disruptions, while shipping risks and global trade shifts amplify economic pressure
Key data releases, international meetings and rating reviews in the coming days are set to shape the country’s economic outlook amid global uncertainty and rising pressures
According to a report by the Organisation for Economic Co-operation and Development (OECD), low innovation and the slow adoption of technology by businesses are additional problems
Central bank governor warns that geopolitical tensions and the war in the Middle East are set to slow Greece’s economic momentum in 2026, with weaker consumption and external pressures weighing on growth and inflation trends
A new IOBE report highlights the Greek brewing sector’s €576 million direct contribution to the economy, alongside strong tax revenues, employment impact, and shifting market dynamics driven by rising costs and changing consumer habits
All economic data and forecasts, ranging from international institutions to credit rating agencies, local authorities, and financial pundits, presented a sanguine narrative for the Greek economy in 2026. However, the protracted conflict in the Middle East has upended these optimistic projections, which anticipated economic growth to hover upward of 2% in 2026, with Greek authorities even […]
Rising energy costs and prolonged geopolitical uncertainty are weighing on Greece’s outlook, with inflation risks, slower growth and structural weaknesses shaping assessments by global lenders and rating agencies.
Greece's early Covid-19 lockdown likely deepened the short-term recession, but helped avoid a more prolonged period of instability
Carriers are expanding options in premium cabins in a bid to boost their earnings
Fitch Ratings highlights the country’s strong growth rates compared to the EU average, and the banking sector's solid performance.
Athens is on high alert as rising oil prices and geopolitical uncertainty raise fears of inflation, weaker consumption, and pressure on tourism if the Middle East crisis drags on.
Six years after its launch, the EU’s post-COVID recovery fund struggles with bureaucracy, slow disbursements, and skill gaps, leaving billions unpaid and long-term economic reforms still incomplete
Geopolitics, climate-related losses, global debt pressures and inflated AI company valuations could pose challenges for Greece’s economy, even as growth and market indicators improve, according to the president of the Athens Chamber of Commerce and Industry
IOBE's latest quarterly report on the Greek economy points to stronger growth, falling unemployment and rising investment, while warning that global uncertainty, structural weaknesses and pressure on household incomes continue to cloud the outlook
European Commission teams will arrive in two phases to assess Greece’s economy and the Recovery Fund, as strong fiscal results contrast with warnings over slow absorption of EU funds
Greece’s prime minister will travel to Germany on January 9 to speak at the ruling Christian Democratic Union’s annual gathering, following an invitation from German Chancellor Friedrich Merz