Looking further ahead, the European Commission forecasts that GDP growth will moderate to 1.7% in 2027 as the Recovery and Resilience Facility (RRF) winds down.
In Greece, Aegean, OTE, and Bank of Cyprus stand out among Wood's top picks, with Aegean taking the lead.
The issue cleared at a yield of 1.78%, with total bids reaching 921 million euros—1.84 times the amount offered—reflecting solid investor appetite.
Several Greek export categories proved resilient despite U.S. tariffs, while others, such as feta and olives, saw significant declines, according to new data from the Greek Exporters Association
Morgan Stanley forecasts 2% GDP growth annually in 2025, 2026, and 2027, stressing that private consumption had strong gains early in 2025.
The Greek economy grew 2 percent year-on-year, driven mainly by private consumption and tourism.
Aristotle’s golden mean applied to modern economies — why Japan’s balance of assets and debt sustains trust
Moody's notes that most countries projected to cut debt in 2026 have lower credit ratings, with Greece (Baa3) standing out as an exception.
During a charged parliament debate, leaders clash over Greece’s escalating cost-of-living pressures, with the PM arguing that wage growth and fiscal discipline are easing pressure on households, while LOTO accused the government of deepening inequality
Eurostat’s 2024 data show Greece posting the EU’s second-lowest median wage, outpacing only Bulgaria and remaining well below the European average
The greek shadow economy, valued at over €40 billion -about 18% of its GDP- remains entrenched as cash continues to dominate daily transactions, fueling undeclared income and tax evasion despite efforts to curb it
With €2.5 billion in wage hikes, bonuses, and tax cuts, Greece is loosening its purse strings to ease household strain — cautiously, and amid widespread discontent with government performance
The study, entitled 'The Café Economy: Structural Τransformation in Greece in the Wake of Austerity and “Reforms', opined that bailout-mandated reforms did not change the country's production model
As visitor numbers soar and infrastructure strains, the Bank of Greece warns that the country’s islands must shift from growth to sustainability — with €35 billion in new investments to keep paradise afloat
Finance Minister Kyriakos Pierrakakis said the government will distribute €2.5 billion over the next eight months through raises, rent rebates, and tax cuts, promising “tangible results” for Greek households after years of financial strain
Greece’s debt ratio is expected to fall steadily, from 143.4% of GDP this year to 135.9% in 2026 and 129.4% in 2027.
Established in 2020 and running through 2026, the initiative includes the (RRF), with a total envelope of up to €725 billion — roughly 4% of the European Union’s GDP
Greece’s draft 2026 budget banks on doubling investments to drive growth, but EU funding deadlines, a cooling property market, and stubborn inflation pose serious risks
“Greece is ready to support diplomatic efforts for peace and the establishment of a new, sustainable governance framework in Gaza,” Mitsotakis said
Despite strong macroeconomic figures, Greek households are under mounting pressure, cutting back on essentials and showing greater insecurity and caution compared to last year