Despite easing energy and food prices, Alpha Bank analysis shows that strong demand, booming tourism and rising wages are keeping inflation in Greece well above the eurozone average
The change marks a 0.4% rise compared to Q4 in 2024. Based on non-seasonally adjusted data, the GDP posted a 1.4% rise over the same period compared to Q1 in 2024.
The Bank of Greece (BoG) projects the country’s economy will expand at a higher rate this year over the next 3-year period in a report. The BoG believes the GDP acceleration in 20205 will be buttressed by more rating upgrades from international credit agencies. In more detail, the central bank sees the economy growing by […]
High unemployment, lower productivity, and economic recovery post-crisis are believed to contribute to Greece's low ranking
Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis
Goldman Sachs highlights Greece, Spain, and Portugal are outpacing other Eurozone members in growth in the post-COVID era.
As a report by ENYPEKK notes, self-employed professionals in Greece are under severe financial burden due to imputed taxation and yearly hikes in social security contributions
A report by the Athens-based Institute for Alternative Policies (ENA) counters the government’s narrative, saying Greece is last in the EU in terms of investments per GDP percentage
The Canada-based credit rating agency, however, lowered its GDP prediction to 2.2% for 2025
The available non-seasonally adjusted data indicate that in the 1st quarter of 2024 the Gross Domestic Product (GDP) in volume terms increased by 1.9% in comparison with the 1st quarter of 2023
Annual inflation is expected to reach 3%, up from the previous forecast of 2.8%