OECD: Greek Economy Resilient with 2% Growth Forecast for 2024
However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.
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Κυριακή 16 Μαρτίου 2025
18 oC Greek economy
Reuters: Greek Economy Surges After Decade of Pain
Nevertheless, the article also highlights some of the challenges facing the country, with a falling birthrate and labor shortages posing a threat to the long-term outlook
Alpha Bank: Greeks Optimistic about their Economic Situation
As the analysis notes, the long-term trend of household forecasts for their economic situation and unemployment is favorable, reaffirmed by their intentions for significant purchases and savings
Bank of Greece: Economic Growth of 2.3% in 2024 and 2.5% in 2025
Investments and private consumption are expected to be the key drivers of economic activity in the coming years
KEPE: Greek GDP to Grow by 2.2% in 2024
KEPE underlines that the implementation of important reforms and investments through the utilization of funds from the Recovery and Resilience Facility and the new ESPA also play a role in the more positive outlook of the country’s economy
Piraeus Bank: Greece on a Better Developmental Trajectory Compared to Europe
In contrast, the Eurozone faces persistent challenges as evidenced by stagnant growth in the fourth quarter of 2023, registering a mere 0.1% annual increase
Greek Economy: Concerns Rise as Foreign Direct Investments Plunge by 40%
However, concerns arise as milestones now involve not only reforms and legislation but also project assignments, highlighting the government's lack of readiness in many cases
Stelios Papadopoulos (JP Morgan): Greece’s Financial Growth Attracts Investors
This interest extended to new domains such as agri-food, technology, and healthcare, in addition to the more traditional sectors.
IMF Foresees Marginal Improvement in Greek Economy
The IMF predicts a real GDP growth of 2.3% in 2023 (revised from the previous 2.5%) and 2.1% in 2024 (revised from 2%)
JP Morgan: ‘Long’ Position on Greek 10Y Bonds
It should be recalled that the American investment bank had initially recommended a long position in Greek 10-year bonds in December (18/12)
JP Morgan: Greek Economy has 90% Probability of Being Upgraded by Moody’s in 2024
The assessment is part of JP Morgan’s analysis released today regarding potential rating changes in 2024 across the Eurozone
Greek Econ Momentum Expected to Continue in 2024
A post-pandemic recovery was more-or-less highlighted with last week’s designation by the Economist of Greece as its “Country of the Year” for 2023
Greece’s Surging Second-Hand Market
According to a recent market survey by Focus Bari/YouGov, roughly one in two consumers in Greece has already purchased an item from a retailer specializing in second-hand goods, mostly clothing.
Greek Economy Best in World in Economist’s 2023 Performance Rankings
Based on The Economist's analysis, grounded in five economic and financial indicators (inflation, "inflation breadth," GDP, employment, and stock market performance), Greece maintains its lead in economic performance among 35 primarily affluent nations for the current year
Extension of Reduced VAT Rates Announced in Greek Tax Legislation
The Greek Ministry of Finance introduced an amendment to the tax bill, extending the reduced VAT rates until June 2024
Fitch: Greece one of 4 EZ Members to See Foreign Debt Ratio Reduction in 2024
Fitch sees the ECB announcing a reduction, by 75 basis points, in rates as of June 2024, and dropping to 3.75 percent by the end of 2024
Morgan Stanley: Greece to Post 2.3% Growth for 2023, 3rd Quarter Hit by Natural Disasters
The Greek economy continues its positive course overall, but third quarter is seen slowing
UniCredit: Greek Economy to Stand Out in Eurozone, Despite Modest Performance
UniCredit projects Greece will achieve its inflation target of 2% in 2024, aligning with the European Central Bank's goal
OECD: Greek Econ Growth at 2.4% This Year; 2% in 2024; 2.4% in 2025
The organization said Greece’s strong economic rebound in the post-pandemic period is being tested by surging energy and food prices as well as renewed geopolitical uncertainty.
Bank of Greece Gov.: Greece is the midwife of history for the prevention of crises in the Eurozone
The BoG governor cited a study that says we need 1.6 times the Earth to maintain today's standard of living
Greek Fin.Min.: In 2024 we will proceed with the same recipe
"We will seek to combine fiscal stability with development policies, social sensitivity in practice," said the Minister of National Economy and Finance
IMF: Recommendation to Greece to restrain salaries and pensions
Increase spending on health, education, supporting the vulnerable – Risks from rising property prices, interest rates, inflation and climate change
Mitsotakis: Greece from black sheep to one of the most stable economies in the Eurozone
What Kyriakos Mitsotakis and Olaf Soltz said after their meeting
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