The recovery for 2021 will exceed the 7.9% prediction of the Centre of Planning and Economic Research, said the Minister of Development and Investments, Mr. Adonis Georgiadis, at today’s event organized by the aforementioned centre for the presentation of the 3rd Annual Report of the National Productivity Council in Greece.
According to a relevant announcement of the Centre of Planning and Economic Research, the Minister of Development and Investments, firstly, clarified that in 2021 we should not talk about growth but about recovery from the strong shock of the COVID-19 pandemic. He stressed the findings of the report, emphasizing the low competitiveness and productivity of our country in relation to other eurozone countries.
In this context, he compared our country with other countries in the South Europe (Portugal and Spain), saying that, unlike Greece, these countries have taken significant steps to improve their productivity and competitiveness. He clarified that changing the productive structure of our economy is a long-term process that requires good planning and reforms.
In this direction, as he said, the assistance of the Centre of Planning and Economic Research and of the productivity council is necessary for the identification and prioritization of the intervention points for the change of the productive model of the Greek economy. Regarding the economy, he spoke of an unprecedented boom in fixed capital investment of 21.7%, much of which will come from the recovery and resilience Fund. Finally, he finished his speech by saying that the recovery for 2021 will exceed the 7.9% prediction of the Centre of Planning and Economic Research.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy
EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.
The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.
Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)
![ΕΛΣΤΑΤ: Αυξήθηκε η οικοδομική δραστηριότητα κατά 15,6% το Δεκέμβριο [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/03/DSC9655-2-1024x569-1-90x90.jpg)
