GDP

DBRS on Tuesday revised, downward, its forecast for Greek economic growth in 2024, projecting a rise in GDP by 1.3%, down from a previous 2.2%. The international ratings agency’s forecast for 2025 is 2%. On the “upside”, DBRS said unemployment is expected to decrease below the 10%-threshold in 2024, continuing to fall in 2025 to […]

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

The data does not take into account the "grey market" in Greece which is estimated to be equivalent to some 25% of GDP in the country, according to the IMF

Despite its reserved optimism for Greece, Deutsche Bank expresses hesitancy about the Eurozone as a whole, suggesting it may experience mild recession

Financial sector debts have been on an upward trajectory since the third quarter of 2022, reaching 12.7% as a percentage of GDP in the second quarter of 2023

In terms of volume, ELSTAT data indicated a marginal 0.02 percentile upward tick in the 3rd quarter of 2023, in comparison to the previous quarter of the same year