Deutsche Bank forecasts GDP growth in Greece at 2.3 percent this year, easing to 1.6 percent in 2024 amid a difficult European environment characterized by feeble growth in Germany, the Eurozone’s biggest economy.
Additionally, the banking multinational forecasts a 4.3-percent inflation rate for Greece this year, dropping to 2.5 percent in 2024. In terms of a current account deficit, Deutsche Bank projects a slow de-escalation, from 8 percent this year to 6 percent in 2024, along with a deficit of 2 percent of GDP and 1.3 percent, respectively, in 2023 and 2024.
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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
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Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
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The Greek government wants to decouple the Golden Visa Program from Real Estate investments
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