The growth rate of the Greek economy may exceed the projected 4.5% of the year, Prime Minister Kyriakos Mitsotakis said on Wednesday, adding that the country expects a successful tourist season if there are no complications with the pandemic.
Asked if the government was keeping its forecast for 4.5% growth in 2022, the prime minister said in an interview with Reuters Next that “it could be even higher”.
“If we assume that there are no significant complications with the pandemic, if we assume that the pandemic will gradually reach its end during the first six months of 2022, I am very optimistic about the prospects of the Greek economy.”
Latest News
EFKA to Launch Digital Personal Portfolio for Insured Citizens by End of 2025
This way, insured individuals can quickly determine their coverage period, any debts, and whether they have valid insurance coverage.
BofA: Greek Banks Becoming More Appealing
Bank of America (BofA) recently increased its target prices for several Greek banks, with the target price for Eurobank raised to €2.84 from €2.76.
Internet Users in Greece Rise Exponentially, Survey Suggests
Those between the ages of 65 and 74 have shown a high rate of digital engagement, with daily usage over the past five years increasing by 61%.
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta