Commissioner Albuquerque praised Greece’s recovery since the crisis years and acknowledged the shared challenges overcome during that period.
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 Commission’s report noted that growth is being driven by robust private consumption and a wave of EU-funded investment.
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 […]
Analysts, economists, and institutional stakeholders discussed the prospects and the role capital markets can play as a savings tool at the 5th OT Forum.
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.
The current account deficit worsened in 2024, increasing by 1.3 billion euros year-on-year, following a significant reduction in 2023.
Regarding the tariffs, he stressed the importance of a unified response within the EU to enhance effectiveness.
Greece must speed up its reform efforts to remain a competitive and attractive destination for investment, despite the turbulence in international trade.
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%.
Fitch’s review on May 16 will be another pivotal moment.
The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.
The direct impact is expected to be small, but the potential indirect impact is more uncertain.
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.
The report suggests Greece’s economic expansion will be fueled primarily by investments, supported by projects financed through the EU Recovery Fund.
The Greek economy is projected to expand at 2.8% in 2025, according to UBS. The Swiss-based international investment bank bases its assessment partly on the utilization of RRF funds. UBS underlines that corporate credit (16% annually) confirms its growth outlook regarding Greece. The bank notes that annual inflation amounted to 2.6% in December 2024, adding, […]
The trade deficit amounted to 4.6 billion euros, up by 340 million euros from the same period last year.
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