Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
At the same time, concern was also sparked by last year's sharp decline in Foreign Direct Investment, with preliminary data from ELSTAT showing a decrease of 40% compared to 2022.
The islands play a pivotal role in driving growth for various product categories, especially during the summer.
Painfully long waits for taxis offer a clue about the country’s 30 years of stagnation
On a global scale, tourism reached 86.6% of 2019 arrivals by the ninth month of 2023, with Mediterranean inbound travel bouncing back to 2019 levels
The German mass media outlet includes statements from Greek PM Kyriakos Mitsotakis, who said the country has turned a new chapter, and that despite whatever standing problems, "is now a dynamic, outward-looking destination for investors, with a strong voice in the heart of the EU and with an economy experiencing an unprecedented revival.”