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This projection is based on the understanding that certain factors that hindered growth in the latter part of the preceding year, such as flood-related agricultural losses, abrupt adjustments in housing investments, and postponed public projects, were temporary setbacks.

At the same time, concern was also sparked by last year's sharp decline in Foreign Direct Investment, with preliminary data from ELSTAT showing a decrease of 40% compared to 2022.

However, concerns arise as milestones now involve not only reforms and legislation but also project assignments, highlighting the government's lack of readiness in many cases

The IMF predicts a real GDP growth of 2.3% in 2023 (revised from the previous 2.5%) and 2.1% in 2024 (revised from 2%). Regarding inflation, the estimate suggests a decrease from 4.2% in 2023 to 2.8% in the current year

Former US treasury secretary Larry Summers was joined in a panel discussion by Jerry Kalogiratos, CEO of Capital Product Partners, and Angeliki Frangou, CEO of Navios Maritime Partners

Predictions are always risky, but they’re even trickier than usual right now that the prospects for the European (and Greek) economy in 2024 depend on the outcome of events that are either ongoing or will not be happening until the middle or end of the year.

The Greek Finance Minister shared a post on his TikTok account

The assessment is part of JP Morgan’s analysis released today regarding potential rating changes in 2024 across the Eurozone

After 13 years in “junk status” Greece managed to reinstate its investment grade Finance Minister Hatzidakis said

On a global scale, tourism reached 86.6% of 2019 arrivals by the ninth month of 2023, with Mediterranean inbound travel bouncing back to 2019 levels

A prominent figure in the CDU, he served as the Minister of Economy during Angela Merkel's tenure, notably during the Euro zone debt crisis

The EU Commission’s “Post-Programme Surveillance Report” on the Greek economy, released on Thursday in Brussels, underlines that the country retains the capacity to service its debt. The Autumn 2023 Report, compiled under the direction of the Directorate-General for Economic and Financial Affairs, adds that “…Despite several challenges, the Greek economic, fiscal, and financial situation continues […]

According to Deloitte research presented at the forum, Gen AI's potential impact on the country's GDP is significant, estimated at +5.5% by 2030, with potential growth up to +9.8%

Based on The Economist's analysis, grounded in five economic and financial indicators (inflation, "inflation breadth," GDP, employment, and stock market performance), Greece maintains its lead in economic performance among 35 primarily affluent nations for the current year

n his opening statement, BoG Gov. Yannis Stournaras stressed that “…During these past years, humanity faced multiple challenges that affected geopolitical, financial and social stability, with climate change emerging as the most important challenge of our time."

UniCredit projects Greece will achieve its inflation target of 2% in 2024, aligning with the European Central Bank's goal

Minister Christos Staikouras said the goal was to establish at least 26 hydrogen stations in the country by 2030

Greek GDP is expected to grow and an expected increase in investment should render the economy more resilient