Greece’s recession last year was worse in the end.
Based on the revised data, the Gross Domestic Product (GDP) of the year 2020 in terms of volume showed a decrease of 9% compared to 2019, compared to a decrease of 8.2% that was announced in the first estimate of ELSTAT in March 2021.
Based on the revised data:
-The final consumption expenditure of the year 2020 in terms of volume showed a decrease of 5.5% compared to the year 2019, compared to a decrease of 3.4% that was announced in the first estimate, in March 2021.
-The imports of goods and services of the year 2020 in terms of volume showed a decrease of 7.6% compared to the year 2019, compared to a decrease of 6.8% that was announced in the first estimate, in March 2021.
-Exports of goods and services of the year 2020 in terms of volume showed a decrease of 21.5% compared to the year 2019, compared to a decrease of 21.7% that was announced in the first estimate, in March 2021.
Based on the revised data, the Gross Domestic Product (GDP) of the year 2020 in current prices showed a decrease of 9.8% compared to the year 2019, compared to a decrease of 9.6% that was announced in the first estimate, in March 2021.
-The final consumption expenditure of the year 2020 in current prices showed a decrease of 6.2% compared to the year 2019, compared to a decrease of 4.4% that was announced in the first estimate, in March 2021.
-Imports of goods and services of the year 2020 at current prices showed a decrease of 14.7% compared to the year 2019, compared to a decrease of 14.6% that was announced in the first estimate, in March 2021.
Exports of goods and services in 2020 at current prices decreased by 28.1% compared to 2019, compared to the same decrease of 28.1% that was announced in the first estimate, in March 2021.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.
Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.
Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries
Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures
Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.
Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations
Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination
Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.
National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.
Int’l Tender for Port of Volos Cancelled
Highest bidder was Thessaloniki Port Authority, with an offer of 51 million euros
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-90x90.png)
![Τουρισμός: Τα απανωτά ρεκόρ και ο αστερίσκος της Σαντορίνης – Το στοίχημα της σεζόν [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/01/tourismos-90x90.jpg)
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-600x352.png)
