Greek finance

Greece Reports Record Primary Surplus of €8.6 Billion in 2024

Greece reported a record primary surplus of €8.6 billion in 2024, significantly surpassing the target of €4.6 billion. Economy Minister…

18 January 2025

Greece to Revise 2025 Budget After Unexpected Financial Surplus

Greece is revising its 2025 budget after unexpectedly strong financial results, including a €6.1 billion surplus through October, well above…

19 November 2024

Greek Economy: IOBE estimates 2.4% growth and 10.5% unemployment in 2024

Greece will see an annual growth of around 2.4% in real terms in 2024 and an unemployment rate of around…

26 January 2024

Mitsotakis attributes Greece being The Economist's Country of the Year to "the Greek people’s efforts"

The Economist highlighted Greece as country of the year for 2023, with Prime Minister Kyriakos Mitsotakis speaking of "recognition of…

21 December 2023

Greece in the top 5 European countries with the most expensive loans - What's the situation with deposits?

Greece is consistently in the top 5 European countries with the most expensive loans, both for housing and consumption in…

8 December 2023

AEGEAN Airlines ready to buy back shares from the Greek state

AEGEAN Airlines on Monday announced that the Hellenic Republic submitted a notification of its intention to exercise the rights granted…

6 November 2023

Chinese credit rating firms upgrade Greece to investment status

Two of China's largest credit rating agencies, Lianhe Credit and China Chengxin Credit Rating Group, upgraded Greece's credit rating to…

28 October 2023

Greece recorded the largest debt reduction in the Eurozone since 2019

The great debt reduction that Greece has achieved in the last four years is praised by the economist of Oxford…

26 October 2023

Forbes on Ellinikon: Greece Will Soon Be Home To Europe’s Largest Coastal Park

Those visiting Athens will soon have to add one more destination to their must-see list: Ellinikon, which, among other things,…

24 October 2023

Greek GDP shot up 5.6% in 2022

Greek GDP grew 5.6% in 2022 compared with 2021, according to revised data released by the Hellenic Statistical Authority on…

18 October 2023

Economic Reversal - IMF says Greece is in the top 5 most resilient Eurozone economies

Until five years ago and for a decade, the International Monetary Fund (IMF) devastated the Greek economy. No one could…

11 October 2023

IMF forecasts Greek economy to grow in 2023 and 2024

Growth rates for the Greek economy of 2.5% this year and 2% in 2024 are predicted by the International Monetary…

10 October 2023

Greek economy grew 2.7% in second quarter

The Greek economy grew by 2.7% in the second quarter of 2023 compared with the same period last year, and…

8 September 2023

Average age of Greek coastal ship is 28 years - Fleet renewal with a "green" turn

Greek shipping is trying very hard to survive, even given the new environmental measures set by the International Maritime Organization…

29 August 2023

Greek annual inflation rate at 2.5%

The annual inflation rate in Greece was 2.5% in July, from 1.8% in June and 11.6% in July 2022, with…

9 August 2023

Süddeutsche Zeitung: Greece is ready to enter a golden age

With yet another publication, the German press refers to the positive course of the Greek economy. "As soon as the…

3 August 2023

Greek inflation at 3.4% in July, nearly 2% lower than Eurozone average

Greece's inflation rose slightly to 3.4% in July compared with 2.8% in June, according to Eurostat data. Eurozone inflation stood…

31 July 2023

The 3 economic priorities for Greece in the autumn

The Greek Finance Ministry has set three main economic priorities for the autumn, with the recovery of the investment grade…

31 July 2023

Greek trade deficit down 11% in May

The Greek trade deficit shrank 11% in May during a month that showed a 15.4% decline in exports and a…

8 July 2023

Greek bonds trading as though they already have investment grade - Reuters

Bank analysts that deal with Greek government debt told Reuters on Friday that Greek bonds are already trading as though…

26 May 2023

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