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Greek Economy

Business set-ups significantly exceed closures in 2018, report

"After eight difficult years, the worst for the Greek economy seems to have been left behind, a fact attested by the data released by the General Electronic Commercial Registry (GΕΜH) which showed an explosive growth in the set-up and…

The year 2018 a turning point, challenges ahead in 2019

The year 2018 was a turning point for the Greek economy, as the third adjustment programme accompanied by concrete measures to reduce the country's financing needs over the next decade was successfully completed, according to Alpha Bank's…

Hotel sector contributes to Greek economy, BoG report finds

The Greek hotel sector in the 2010-2017 period contributed to Greece’s economy both in terms of employment and Gross Value Added (GVA), the Bank of Greece (BoG) said in its Interim Report on Monetary Policy 2018 that was released recently.

ELSTAT: Greek economy grew by 2.2 pct in Q3

The Greek economy grew by 2.2 pct in the third quarter of 2018, extending its growth course for the sixth successive quarter, Hellenic Statistical Authority said on Tuesday.

Greece has returned to normality, says Moscovici

Pension cuts were neither legal nor necessary in Greece, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Tuesday, stressing that Greece has returned to normality.