Browsing Category

Economy

The Bank of Greece forecasts a growth rate of 2% for the period 2021-26

The Greek economy will receive a big boost in the coming years from the European Union’s recovery plan agreed in July, Bank of Greece Governor Yiannis Stournaras said in an interview with Bloomberg television. Mr. Stournaras stressed that the 32 billion euros that Greece is going to receive from the European recovery plan will have a very…

The Recovery Fund dominates the cabinet agenda

The next steps regarding the Recovery Fund are on the agenda of the cabinet’s last meeting before summer recess, chaired by Prime Minister, Kyriakos Mitsotakis. In addition, the Undersecretary to the Prime Minister, Akis Skertsos,…

Greece is at the center of global cloud computing

The implementation of Microsoft’s investment in Greece, amounting to 400 million euros, for a Data Center node in Attica, with the added value reaching 1 billion euros, was announced today by Prime Minister Kyriakos Mitsotakis,…

Recession in Greece at 15.2% in the second quarter of 2020

Greek economy sees record contraction of 15.2% in the second quarter of 2020, compared to the Ministry of Finance forecast for a 15.7% contraction. According to the Hellenic Statistical Authority (ELSTAT), compared to the 2nd quarter…