Greek economy
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.
Greece has a credible, stable economy and plays a strategic role in the region, says Nikos Pappas
Greece’s current global image is completely different from that of three years ago, Digital Policy, Communications and Media Minister Nikos Pappas said in New York on Wednesday night, with the world seeing a country stabilized economically and playing a critical and strategic role in the region.
Greece’s fiscal space will exceed 3.5 percent of GDP target, says finance minister Tsakalotos
Meeting his German counterpart Olaf Schulz and European Commissioner for Economic and Financial Affairs Pierre Moscovici in Berlin on Wednesday, Greek Finance Minister Euclid Tsakalotos expressed the Greek government’s position that the “fiscal space” achieved by Greece will exceed the 3.5 percent GDP target for 2019 and for the following years, when its exact size […]
The institutions consider Greek social security system sustainable, pension cuts may be cancelled
The institutions consider Greece’s social security system sustainable and they are speaking about the cancellation of the measure to cut pensions, according to sources of the Athens-Macedonian News Agency (ANA).
Greek state budget primary surplus up 605 million euros in Jan-July, compared to the previous year
Greece’s state budget primary surplus was 605 million euros higher in the January-July period this year compared with the same period in 2017, the State Budget Office in Parliament said in a report released on Monday.
Tsipras will present his post-memoranda plans in Thessaloniki” says government spokesman
“Given that we have now emerged from the period of the memoranda, Prime Minister Alexis Tsipras will present a comprehensive strategic plan for post-programme Greece in his speech at the opening of the 83rd Thessaloniki International Fair on Saturday,” government spokesman Dimitris Tzanakopoulos said on Tuesday in an interview with the radio station “24/7”.
Greek economy develops by 1,8 percent in the second quarter of 2018, says statistical authority
The Greek economy grew by 1.8 pct in the second quarter of 2018, remaining on a growth course for the sixth successive quarter, Hellenic Statistical Authority said on Monday.
The goal of the government is to implement social and economic reconstruction, says Tzanakopoulos
The government’s goal is the economic and social reconstruction of the country focusing on the reinforcement of wage labour and the continuation of reforms with the view to reorganising public administration and emphasis on improving the investment climate as well as a series of actions to build an effective social state, government spokesman, Dimitris Tzanakopoulos […]
“Greece’s exit from the memoranda is a historical milestone” says minister Yiannis Dragasakis
The exit from the memoranda is not a typical procedure, but a historical milestone, government Vice President and Economy and Development Minister Yiannis Dragasakis said on Sunday in an interview with the Athens-Macedonian News Agency (ANA).
The issue of Greek pension cuts won’t be discussed in the September 7 Eurogroup, official says
The Eurogroup meeting informally in Vienna on September 7 will not discuss the issue of Greek pension cuts, a high-level eurozone official said here on Friday.