Reuters: After a decade of “pain”, the Greek economy is taking off – 2024-04-22 09:56:27

Reuters: After a decade of “pain”, the Greek economy is taking off
 – 2024-04-22 09:56:27

“A decade ago, Greece was in the midst of a devastating debt crisis marked by years of austerity, hardship and turmoil. Now, officials and investors say 2024 could be the year its recovery finally completes.” He mentions the above in his analysis Reuters about the achievements of the Greek economy, stressing in its title that … Read more

Greek economy: S&P gave a positive outlook to Greece – 2024-04-20 14:33:30

Greek economy: S&P gave a positive outlook to Greece
 – 2024-04-20 14:33:30

As analysts had already discounted for a long time, the international rating agency Standard and Poor’s, late on Friday night (after the close of Wall Street), upgraded the outlook of the Greek debt to positive from stable, keeping the rating unchanged “BBB-“. This move brings closer to another upgrade for the assessment of the Greek … Read more

Budget: Surplus of 2.9 million euros in the first quarter – 2024-04-16 11:27:16

Budget: Surplus of 2.9 million euros in the first quarter
 – 2024-04-16 11:27:16

At a surplus of 2,954 million euros, the primary result on an adjusted cash basis was formed, against a target of a primary surplus of 2,133 million euros and a primary surplus of 3,079 million euros for the same period in 2023. According to the provisional data on the execution of the state budget, on … Read more

Hatzidakis: Package of measures 870 million euros – Reduction of contributions, increase of pensions in 2025 – 2024-04-12 21:05:31

Hatzidakis: Package of measures 870 million euros – Reduction of contributions, increase of pensions in 2025
 – 2024-04-12 21:05:31

At the 9th Delphi Economic Forum, the Minister of Economy and Finance Kostis Hatzidakis, guest of Mr. Dimitrelis, director of capital.gr, spoke, stressing that “We will continue our serious and responsible fiscal policy”. Mr. Hatzidakis announced a total of 870 million euros in tax reliefs and reductions in 2025, which will result as follows: The … Read more

I. Stournaras: No room for complacency in the economy despite the positives – 2024-04-08 13:09:21

I. Stournaras: No room for complacency in the economy despite the positives
 – 2024-04-08 13:09:21

Giannis Stournaras sent a message of vigilance for the Greek Economy despite its positive performance, presenting today his annual Report as governor of the Bank of Greece during its General Assembly. As he specifically stated, “despite the continuous positive assessments of the Greek economy in recent years, the restoration of fiscal balance and the strengthening … Read more

Wolfgang Piccoli: How Greece will strengthen its attractiveness – 2024-03-29 11:09:17

Wolfgang Piccoli: How Greece will strengthen its attractiveness
 – 2024-03-29 11:09:17

Greece is now an attractive destination for investments, but the fact that the 45% of foreign direct investment was directed to the real estate market last year raises some concerns about the country’s ability to change its economic model, says Wolfgang Piccoli, co-president and Political Risk consultant at Teneo, in an interview with Vima. The … Read more

Investments: Polycrisis, interest rates and markets – 2024-03-29 07:51:13

Investments: Polycrisis, interest rates and markets
 – 2024-03-29 07:51:13

Before completing the first quarter of its life, the 21st century has already hosted some of the greatest crises in history. Crises that can only be compared to the Great Depression of 1929 and the “oil shock” of 1973-74. The bursting of the “dot com bubble” of 2000, followed by the Great Deleverage/Recession of 2007-2008, … Read more

Kyriakos Mitsotakis: “Soon TEKA will manage billions” – 2024-03-17 22:57:34

Kyriakos Mitsotakis: “Soon TEKA will manage billions”
 – 2024-03-17 22:57:34

“The possibility given through the TEKA to choose different investment tools, familiarization with the concept of risk and return, all these are important educational processes that our young people must gradually go through” said Prime Minister Kyriakos Mitsotakis at the event of the Ministry of Labor for the two years since the launch of the … Read more

The expectations and “open fronts” of the business – 2024-03-02 06:22:21

The expectations and “open fronts” of the business
 – 2024-03-02 06:22:21

In a world that often loses its compass, Greece currently appears as an island of stability, with its economy on an improving trajectory and businesses appearing, according to the annual survey “The Pulse of Business” by the BSE, modestly optimistic, while for the first time since 2017, the positive assessments of businesses on the country’s … Read more

Fisheries Conference – Avgenakis: From postcards, to the top of the economy – 2024-02-29 12:25:35

Fisheries Conference – Avgenakis: From postcards, to the top of the economy
 – 2024-02-29 12:25:35

With the aim of co-shaping the national strategy for fishing and aquaculture, which will make the specific sectors dominant pillars of the new economic and production model of the Greek economy, Lefteris Avgenakis announced in the morning the opening of the first joint conference on the fishing, aquaculture and fishing tourism organized by the Ministry … Read more