Reuters reports that the Greek economy is forecast to expand by up to 3% in 2024, approaching its pre-crisis level of 2009 and far outpacing the eurozone average of 0.8%. This underscores that officials and investors predict 2024 could be the year that a rebound is finally complete.
Officials on the popular island of Rhodes have opened a new visa terminal for Turkish visitors as part of a diplomatic effort to ease long-standing tensions between the two cuntries.
As the presentation notes, Greece faces declining fertility rates, an aging population due to increased life expectancy and a shrinking workforce, which are not new phenomena but have been ongoing for decades and are expected to intensify in the current and future decades.
Foreign Minister George Gerapetritis' full speech at the 9th Our Ocean Conference
But the plan has irked Greece’s neighbor and regional rival, Turkey, while environmental organizations say the initiative doesn’t go far enough, noting that the country also allows environmentally harmful practices such as energy exploration in sensitive marine environments.
According to an article in Politico, citing Greek banking sources, the European Central Bank is expected to give the go-ahead in June for the four systemic lenders.
