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IOBE reaffirms 2.4% GDP growth rate this year

Τhe Foundation for Economic and Industrial Research (IOBE) on Thursday reaffirmed its forecast for a 2.4% GDP growth rate this year, on real terms,...

New draft law protects borrowers better, improves out-of-court mechanism, FinMin says

A new draft law presented to the cabinet by National Economy & Finance Minister Kostis Hatzidakis on Wednesday focuses on transparency in relations between...

Οι start-ups και η ενίσχυση της επιχειρηματικότητας στο επίκεντρο του 2ου Οικονομικού Φόρουμ στο Τορόντο, στις 23 Οκτωβρίου

Η προώθηση και η ανάδειξη επενδυτικών ευκαιριών τόσο στον Καναδά όσο και στην Ελλάδα, για την περαιτέρω ενίσχυση της οικονομικής συνεργασίας των δύο χωρών,...

Middle East crisis could lead Eurozone into stagflation, BoG governor say

The war between Israel and Hamas could lead the Eurozone into stagflation, Bank of Greece governor Yannis Stournaras said on Wednesday. In comments made to...

Greek GDP up 5.6% in 2022, revised data

Greek GDP grew 5.6% in 2022 compared with 2021, according to revised data released by Hellenic Statistical Authority on Wednesday. More specifically, final consumption spending...

Infrastructure Min. Staikouras provides quarter update on progress of major projects

A summary of the first three months of his ministry's actions were presented by Infrastructure & Transport Minister Christos Staikouras on Tuesday, during a...

Hatzidakis reiterates Greece’s request about defence spending at ECOFIN meeting

Greek National Economy & Finance Minister Kostis Hatzidakis reiterated Greece's standing request concerning defence spending during the ECOFIN Council meeting in Luxembourg on Tuesday. Specifically,...

Deputy Finance Minister Theoharis to participate in IMF annual meeting

Deputy Minister of National Economy and Finance, Harry Theoharis, will be the head of the mission during Greece's participation in the annual meeting of...

Greek food spending, consumption shows notable changes from 2009 to 2022 (report)

Greek consumers raised their spending on basic carbohydrates like bread (12%) and drastically lowered that in dairy products like milk (30%) and vegetables (43%)...

IMF Fiscal Monitor predicts higher primary surpluses in Greece

Greece is forecast to maintain and increase a general government primary surplus in the coming years, according to the International Monetary Fund's (IMF) Fiscal...

Greek economy to grow by 2.5% in 2023 and 2% in 2024, IMF report says

The Greek economy is expected to grow by 2.5% this year and by 2% in 2024, significantly exceeding average growth rates of 0.7% and...

Toronto Economic Forum II to be held on October 23; focus on Greek-Canadian relations

The Toronto Economic Forum II will be held on October 23 with a focus on Greek-Canadian relations and the presence of officials from the...

EY: Investment grade to bring new FDIs to Greece

Greece achieved the best historical performance in terms of the number of foreign direct investments in 2022, according to the "EY Attractiveness Survey Greece...

Finance ministry sources: Reducing VAT gap could bring additional 2 billion euros annually

Limiting tax evasion has been the goal of all governments, past and present. In the last few years, however, some positive steps have been...

Greek unemployment rate fell to 10.9% in August

The Greek unemployment rate fell to 10.9% in August 2023 from 12.3% in August last year, but remained largely unchanged from July, Hellenic Statistical...

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