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’.
Crippling sanctions and systemic corruption push ordinary Iranians to the brink at a politically sensitive moment
The current account deficit worsened in 2024, increasing by 1.3 billion euros year-on-year, following a significant reduction in 2023.
More people are bringing lunch to work and restaurants are selling fewer lunches than they did in 2020
Following Greece, Italy ranks second with an informal economy comprising 31% of its GDP, while Spain and Portugal both register at 24%. Lithuania, Latvia, and Bulgaria each report a shadow economy size of 20%.
The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.
Country’s oil, minerals can be hard to reach, and threat of Kremlin intervention casts long shadow
The highest-earning 10% of Americans have increased their spending far beyond inflation. Everyone else hasn’t.