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.

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.

Greece’s economic model is now more export- and investment-oriented, relying less on consumption and displaying fewer imbalances compared to the past.

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.