Greece recorded economic growth rates in 2025 that were significantly higher than the eurozone average,…
Tag: economic growth
Greece is entering 2026 as a “year of opportunities,” with economic growth, investment and citizens…
Greece’s Parliament approved the 2026 state budget on December 16, 2025, with 159 votes in favor and 136 against, following a five-day debate. The budget features €3 billion in measures including tax cuts, pension increases, and household support, while projecting 2.4% growth amid protests over low wages.
Greek Minister of Development Takis Theodorikakos reaffirmed Greece’s strategic commitment to deepening cooperation with the…
Greece continues its remarkable comeback on the global economic stage, emerging as a top investment…
Vodafone has announced the completion of the main section of 2Africa, the world’s largest subsea…
Fitch Ratings has upgraded Greece to “BBB”, moving the country higher within investment grade and recognising its fiscal discipline, rapid debt reduction, and resilient economic growth
Greece’s tourism sector posted strong results in the first eight months of 2025, with revenues reaching €16.7 billion — nearly €2 billion more than last year. Higher visitor numbers and increased spending per trip drove the 12% boost, confirming the industry’s central role in the Greek economy.
As Greece approaches the end of the EU Recovery and Resilience Fund, economists are voicing concerns about the country’s growth prospects. The IOBE warns that GDP growth could slow to around 1% within five years, highlighting the need for a new, innovation-driven production model to sustain investment and competitiveness once EU funding winds down.
Greece recorded a primary budget surplus of €9.45 billion for the January–September 2025 period, driven…
Greece risks losing vital EU Recovery Fund resources due to administrative inefficiencies, warns the Hellenic Court of Audit. The 2024 report highlights bureaucratic delays, inadequate project monitoring, and a lack of automated systems, threatening the timely absorption of funds. Despite these concerns, Deputy Minister Nikos Papathanasis remains optimistic, announcing a €800–900 million revision to align projects with current needs, insisting Greece is on track to meet EU deadlines.
Bank of Greece Governor Yannis Stournaras forecasts an “investment boom” that will raise investments to…
Greece surges to second in Europe for AI adoption by businesses, Amazon report reveals. Startups lead with 55% revenue boost, but skills gap threatens a “two-speed economy.”
Greece is being hailed as an international “success story” at the IMF Annual Meeting in Washington, with Finance Minister Kyriakos Pierrakakis highlighting the country’s steady debt reduction, strong investor confidence, and ongoing economic reforms. Despite global uncertainty, Greece is projected to lower its debt-to-GDP ratio to 137.6% by 2026 while fostering growth, investment, and fiscal stability.
Greece recorded a primary surplus of €9.35 billion in the first nine months of 2025, more than €4 billion above target, driven by higher tax revenues and reduced public spending, according to official data from the General Accounting Office.
The International Monetary Fund (IMF) has projected that the Greek economy will grow by 2%…
The Athens Stock Exchange (ATHEX) has officially been upgraded by global index provider FTSE Russell…
As Greece prepares to unveil its 2026 draft budget on October 6, the nation faces a challenging economic landscape. The government projects a robust 4% primary surplus, exceeding expectations, but this comes amid slowing growth, with GDP expected to dip to 1.9% in 2026. Persistent inflation, forecasted at 3.1%, continues to strain households, driven by rising costs for food, rent, and wages. While fiscal gains may allow for new social benefits, Greek families are feeling the squeeze of a high cost of living.
The Bank of Greece has revised its 2026 GDP growth forecast to 1.9%, down from 2.3%, in line with new European Central Bank projections. The 2025 forecast was also lowered to 2.2%, with an expected rebound to 2.1% in 2027.
Greece has launched the Hellenic Innovation and Infrastructure Fund (HIIF) to attract global investment and drive economic growth. With €303 million in initial capital, HIIF will support projects in digital infrastructure, renewable energy, biotechnology, and sustainable shipping, aiming to unlock over €1 billion in investments through public-private partnerships.
On August 4, 2025, Metlen Energy & Metals made history as it debuted on the London Stock Exchange, with Chairman and CEO Evangelos Mytilineos ringing the opening bell alongside LSE CEO Julia Hoggett. The listing, at €47.16 per share, marks a bold new chapter for the Greek powerhouse, transitioning from the Athens Stock Exchange to a global financial stage. With over 90% shareholder support and ambitions to join the FTSE 100, Metlen’s move strengthens Greece’s industrial presence worldwide while maintaining its economic roots at home.
Private sector deposits in Greece reached a 15-year high of €204.5 billion in June 2025, driven by strong tourism revenues and economic growth, signaling renewed confidence in the economy, according to the Bank of Greece.
Greece and Australia Surge to Top Spots in 2025 Global Passport Index, Outranking Canada, UK, and US
Greece and Australia lead the 2025 Global Passport Index, surpassing Canada, UK, and US with unmatched visa-free access, highlighting their diplomatic success and commitment to global mobility.
Greece’s economy is set to continue outpacing the eurozone average, with the European Commission forecasting steady GDP growth of 2.3% in 2025 and 2.2% in 2026. Driven by strong consumption and EU-funded investment, the country also sees declining unemployment and falling public debt, despite global economic uncertainties.
Greece’s judicial system ranks as the slowest in the EU, with civil and commercial cases taking over three years to resolve, according to a new IMF report. The delays are seen as a major barrier to economic growth and legal certainty, prompting calls for urgent reforms including specialized courts, digitization, and streamlined procedures.
In a speech at CNN Greece’s “Technology & Defense Industry” event, Greek Defense Minister Nikos Dendias outlined a strategic vision to transform security and technological challenges into drivers of economic growth and exports. He emphasized creating a competitive, production-oriented ecosystem focused on national needs and dual-use products, while rejecting state-dependent models that foster corruption. Dendias aligned this approach with New Democracy’s liberal, export-driven principles, aiming to generate national
IMF Managing Director Kristalina Georgieva praised Greece’s economic transformation during a meeting with Finance Minister Kyriakos Pierrakakis, calling the country a model for global progress. Highlighting strong growth, fiscal discipline, and digital reforms, Georgieva said Greece has become one of the EU’s best-performing economies.
Greece’s Economy and Finance Ministry has detailed a €1 billion support package aimed at easing the burden on low-income pensioners and renters, following Prime Minister Kyriakos Mitsotakis’ announcement. The measures include rent rebates, annual pension supplements, and a major boost to public investment, made possible by the country’s strong fiscal performance and return to a primary surplus.
In a major announcement, Greek Prime Minister Kyriakos Mitsotakis unveiled €1 billion in permanent economic support measures for 2025, fueled by Greece’s robust 2024 fiscal surplus. Starting next year, renters will receive an annual rent refund, 1.5 million low-income pensioners and vulnerable groups will get €250 yearly, and €500 million will boost public investments. “These measures reflect our structural progress, turning national success into tangible benefits for Greeks,” Mitsotakis said.
European Central Bank policymaker Yannis Stournaras warned that rising inflation driven by U.S. tariffs could delay the ECB’s plans to normalize monetary policy. While Greece may face limited direct impact, broader global trade disruptions could affect exports and investor confidence.
