Tag: Greek economy

Greece’s economy forecast to grow by 2.8 percent in 2020

Greece expects its economy to grow by 2.8 percent in 2020 whilst respecting fiscal pledges to the country’s creditors, said a draft budget released on Monday. The draft submitted Monday to parliament…

Indian market gives Greek apples the green light  

Large amounts of Greek apples will soon be available across India after the Indian Ministry of Agriculture gave Greek fruit growers the final approval to begin exporting their red and green apples.…

Greek economy sees growth

The Hellenic Statistical Authority (HAS) released new figures on Wednesday showing a 1.9% growth for the Greek economy. According to HAS, Greek GDP rose 0.8% in the second quarter compared with the…

Greece leaves the crisis behind it, Greek PM says to EU leaders

Greece’s Prime Minister Kyriakos Mitsotakis intends to strike an optimistic tone about the country’s future ahead of his scheduled meetings this week with German Chancellor Angela Merkel and Dutch Prime Minister Mark…

Mitsotakis keen to reform Greece whilst keeping EU fiscal targets

Greece’s Prime Minister Kyriakos Mitsotakis on Tuesday met with Managing Director of the European Stability Mechanism (ESM), Klaus Regling at Maximos Mansion. During their meeting the Prime Minister stressed the importance of…

Greek budget records primary surplus of 918 million euros

Greece’s Finance Ministry issued a report on Tuesday on provisional budget execution data, which indicated a State Budget primary surplus of 918 million euros in the January-May period. The January–May surplus of…

US Ambassador leads Greek executives to USA investor summit

Greece’s Alternate Minister of Finance, George Chouliarakis joined a delegation of Greek company executives led by US Ambassador to Greece Geoffrey Pyatt in the 2019 SelectUSA Investment Summit, held on June 10-12…

Three Greek banks get a ratings boost

Fitch Ratings upgraded and affirmed the credit rating of three Greek banks, it revealed in its report on Tuesday. The agency upgraded Eurobank Ergasias S.A.’s (Eurobank) Long-Term Issuer Default Rating (IDR) to…

Greek state budget at 1.463 billion euros

Greece’s Finance Ministry released its report this week showing a primary surplus of 1.463 billion euros for the first quarter of the State budget (January-April). These results were from an initial budget…

Greek state budget records 1.46 billion primary surplus

Greece’s Finance Ministry announced a primary surplus of 1.461 billion euros in the January-April for the State budget, from a target for a primary deficit of 670 million euros, down from a…

Greek PM honours Labour Day

Greece’s Prime Minister Alexis Tsipras paid homage to International Labour Day on Wednesday 1 May, referring to the importance of labour protections and the fact that 2019 was the first anniversary “after…

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