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.
Greece’s economic model is now more export- and investment-oriented, relying less on consumption and displaying fewer imbalances compared to the past.
Historians and economists say risk-averse leadership is holding back Europe’s largest economy.
The public debt-to-GDP ratio is forecast to fall below 150% by 2025, aided by the primary budget surpluses reinforcing the Greek economy even more.
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
Country’s inexperienced leaders try to figure out how to revive an economy decimated by sanctions, years of conflict
Well-known US hedge fund manager John Paulson speaks to the Sunday edition of “To Vima” and details his optimism over the course of the Greek economy
In two in-depth pieces on the Greek economy and the successful early repayment of its debt, the German-based weekly newspaper Ziet and RND (RedaktionsNetzwerk Deutschland) highlight why and how the small Mediterranean country achieved this impressive feat. Entitled “The Economic Situation of Greece: What No One Expected,” the long piece in the weekly newspaper Zeit, […]
The Greek Minister of National Economy and Finance, Kostis Hatzidakis, expressed his satisfaction with Scope's upgrade of the Greek economy.
Greece continues to outpace the EU average in terms of growth rates, despite signs of a slump. The outlook for 2024 and 2025, however, indicates a diminishing expansion in the face of rising national debt.
The baseline scenario assumes that primary budget surpluses will be maintained in the coming years, supporting Greece’s credit rating trajectory.
Putin says there isn’t any reason to panic following currency’s sharp fall