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%