Scope Ratings Upgrades Greek Economy to BBB
The Greek Minister of National Economy and Finance, Kostis Hatzidakis, expressed his satisfaction with Scope's upgrade of the Greek economy.
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ECONOMY
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Scope Ratings Upgrades Greek Economy to BBB -
Primary surplus of 13.5 billion euros, against a target of 12.9 billion euros
Primary surplus of 13.5 billion euros, against a target of 12.9 billion euros
The budget execution for the period January - October 2024 showed a primary surplus of 13.528 billion euros, compared to a target for a primary result of 12.930 billion euros and a primary surplus of 6,080 billion euros, for the same period in 2023.
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Cyprus a familiar economic space for Greece
Cyprus a familiar economic space for Greece
In an interview conducted by Kathimerini Cyprus’ Panayiotis Rougalas, Bank of Greece Governor Yannis Stournaras shed light on various aspects of the Cypriot monetary policy and economic landscape.
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For every €1 spent on cultural projects in Greece, €3.44 returns to the economy
For every €1 spent on cultural projects in Greece, €3.44 returns to the economy
What are the effects of cultural projects in the economy and tourism
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Poll confirms ND lead, highlights cost of living as Greeks’ primary concern
Poll confirms ND lead, highlights cost of living as Greeks’ primary concern
The ruling New Democracy party maintains a significant 18-point lead in voting intentions over PASOK
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Hatzidakis: Greece has never before received so many funds for digital transformation
Hatzidakis: Greece has never before received so many funds for digital transformation
According to the minister, "the country is in the midst of two parallel and interconnected digital transformations: the Digital Transformation of the Government and the Digital Transformation of the Economy," Hatzidakis noted stressing the important role of the European resources, both from the NSRF and from the Recovery and Resilience Facility, which in total amount to approximately 3.4 billion euros.
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ECONOMIST- Hatzidakis: The six axes of the economic policy of the next four years
ECONOMIST- Hatzidakis: The six axes of the economic policy of the next four years
"The combination of the right economic policy mix and political stability opens a new window for the economy," Hatzidakis added.
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Inflation in Greece Eases Slightly in August, Eurozone Inflation Remains Stable
Inflation in Greece Eases Slightly in August, Eurozone Inflation Remains Stable
In August, Greece experienced a slight easing of inflation, with the rate dropping from 3.5% in July to 3.4%, according to Eurostat's Spain Harmonized Index of Consumer Prices. Meanwhile, Eurozone inflation remained stable at 5.3%.
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The British Guardian: Greece was one of the most visited places on the planet in 2022
The British Guardian: Greece was one of the most visited places on the planet in 2022
The Guardian notes Greece’s impressive tourism recovery, highlighting that in 2022 the flow of tourists from the United Kingdom set a record.
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Greek gov’t unveils new package of support measures worth 800 million euros
Greek gov't unveils new package of support measures worth 800 million euros
The Greek government on Wednesday unveiled a new package of support measures worth 800 million euros aimed to offer relief to pensioners, taxpayers and enterprises hit by a wave of inflationary pressures.
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New page in Greece-Japan relations
New page in Greece-Japan relations
In a significant upgrade in bilateral relations and of deepening cooperation in areas of mutual interest, a Common Statement of Strategic Cooperation between Greece and Japan was signed on Monday by visiting Prime Minister Kyriakos Mitsotakis and his Japanese counterpart Fumio Kishida at the latter’s residence in Tokyo.
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Economist Conf. – Fin. Min. Staikouras: GDP at 220 billion euros in 2023
Economist Conf. – Fin. Min. Staikouras: GDP at 220 billion euros in 2023
Finance minister is "realistically optimistic" that Greece can, and will succeed
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Widespread tourism benefits
Widespread tourism benefits
These estimates are also embraced by large firms such as HSBC and Bank of America, with the former upgrading its forecast for Greek growth this year to 6.5% from 4% previously and the latter speaking of a significant positive effect.
