
IMF – Greek debt remains high, but it will gradually decrease
Greece is expected to record a primary deficit of 7.3% of GDP this year and 1.3% in 2022, while from 2023 it will show a surplus of 0.2%
Greece is expected to record a primary deficit of 7.3% of GDP this year and 1.3% in 2022, while from 2023 it will show a surplus of 0.2%
Athens intends to submit a request within October for the payment of the installment from the Recovery Fund and the disbursement of 3.5 billion euros by the end of the year. A new package of projects is coming
"No other economy in the EU has as many small businesses as Greece. With tax breaks for mergers and acquisitions, the government now wants to change that," the German newspaper said.
How Die Welt comments on the Greece-France defense agreement
The volume of bilateral trade in products between Greece and the Russian Federation, for the first half of 2021 (including energy products), increased by 8.90%, amounting to 1.71 billion euros
The trade balance deficit also increased by 20.4% during the period January-August 2021
The speed of investment and reform will make the strengthening of the economy in an environmentally volatile environment dependent on ever-increasing energy costs
It's one of the few economies to return to pre-pandemic levels - About half a year ahead of the eurozone average
"We see great interest in foreign direct investment. The climate in Greece after 10 years of economic crisis has significantly improved "added the Prime Minister
Citigroup "sees" investment opportunities and many years of upward cycle
At the same time, more and more analysts and investors seem to be convinced by the Greek development narrative
The Governor of the Bank of Greece estimates that Greece will maintain high growth rates of 3.5% per year for the next 10 years
Commerzbank analyst tells Reuters that upgrading Greece's debt by DBRS credit rating boosts expectations
The main driving forces of growth are the increasing investments and the rise of tourism.
It also revised upwards the forecasts for next year's growth
"What goes up in Greece does not go down," said the president of INKA
The financial staff of the government has put on the table its plan for the Greek economy, which reaches until the 2023 elections
This is the third time that an international rating agency upgrades the debt of Greece, comments the Minister of Finance
The Prime Minister's tweet, after the announcement of the growth rate for the 2nd quarter
"Despite the adverse conditions, the Greek economy resisted. The way was opened for a smooth and strong recovery", the minister stressed, speaking to the European Parliament
The scenarios for a cabinet reshuffle and the two-year plan that the government is unfolding
Economists are sounding alarms and talking about increased uncertainty with the main source being the "Delta" mutation, but also the geopolitical developments that could lead to a refugee crisis
The head of the ESM added that the risks still remain, as the new coronavirus mutation could have a negative impact, for example on tourism.
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