GDP
Privatisations boosted Greek GDP by 1.0 billion euros annually in 2011-2019, IOBE reports
Privatisations boosted the country’s GDP by around 1.0 billion euros annually, on average, in the period 2011-2019, while the average impact
Greek budget envisages 2.5 pct growth rate in 2019
The Greek government on Wednesday tabled in Parliament the 2019 state budget which envisages an economic growth 2.5 pct in 2019 from 2.1 pct this year and a primary surplus of 3.98 pct of GDP this year, up from a budget target for a surplus of 3.5 pct.
Water Scarcity in Middle East and North Africa: A cause for instability and the major consequences
By GEORGE KOULOURIS Τhe Middle East and North Africa region concern, mainly, the international opinion due to the turmoil resulting from the Arab Spring from 2011 onwards, the Syrian crisis and the ISIS. However, on the already existing issues water scarcity should be added in particular. This problem combined with the rising in demand for water […]
The primary budget surplus has reached 4.14% of GDP last year, say Finance ministry officials
Greece’s primary budget surplus reached 4.14 percent of gross domestic product last year, based on the terms of the country’s economic adjustment program, according to Finance Ministry officials.
The Hellenic Statistical Authority revises its GDP growth estimate for 2017 upwards to 1,5%
Greece on Wednesday revised its estimate for GDP growth in 2017 upwards to 1.5 pct, from an initial estimate of 1.4 pct in March.
Moody’s forecasts a 2% GDP growth for Greece, maintains B3 ratings with positive outlook
Greece’s growth rate for GDP is forecast at 2%, Moody’s rating agency said late on Wednesday, maintaining the country’s rating at B3 with a positive outlook.
Greek economy is growing with the fastest rate since 2008, says the Hellenic Fiscal Council
Greece’s economic growth rate in the first quarter of the year expanded at the fastest pace since 2008, said the Hellenic Fiscal Council in a quarterly report on Wednesday.
Greece is meeting its targets on the primary surplus for 2018-2019, says government official
“There is no doubt that the government is meeting its [primary surplus] targets for 2018-2019 and the discussion is now focused only on the size [of surplus] that will allow tax reductions and focused interventions on spending,” a Greek government official told reporters on Thursday.
IMF reiterates need to lower Greece’s primary surplus target after 2022
The target of achieving a primary surplus of 2 percent of GDP after 2022 offered to Greece by its European lenders at the last Eurogroup meeting must be lowered, the International Monetary Fund’s (IMF) spokesman Gerry rice said on Thursday, during a regular press briefing in Washington.
Main opposition leader Mitsotakis lashes out at government for the agreement
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis in a party meeting on Tuesday leveled against the government for the terms of the agreement.