Scope rating on Monday forecast Greece’s GDP growth rate for 2021-22 to exceed 6 percent, on the back of better-than-expected results for Q2 2021 and monthly performances during the year.
The positive quarterly performances come after five consecutive quarters of recession due to the Covid-19 pandemic.
The mini boon for the still pandemic-battered Greek economy is fueled by a surge in private sector consumption, higher investments and exports. Additionally, the all-important tourism sector appears to have met or exceeded targets for Q3 2021
Conversely, the Wood ratings firm foresees GDP growth of 6.5 percent for this year and 4 percent for next year, compared to Germany-based Scope’s forecast of 8.6 percent for Greek GDP growth in 2021 and 3.5 percent for 2022, respectively.
NATO exercise, with the participation of Greece, in the south of Crete
Large NATO exercise in the area of the illegal Turkish-Libyan memorandum
Piraeus “flooded” by Ferrari – Ιmpressive images
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Two surveys about the “brain gain” of Greeks during the crisis
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BoG – Primary cash deficit of 6.35 billion euros in 8 months
Regular budget revenues amounted to 28.2 billion euros
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ELSTAT – Explosion of accommodation turnover in July
The data come from companies with an obligation to maintain ledgers
Georgiadis – There is room for additional financial support measures
Regarding the inflationary trends, the Minister of Development and Investments stressed that from the holidays onwards, the reverse course of the phenomenon will begin
Russian tourists “vote” Greece for autumn
This is according to a survey by Russia's largest insurance company Rosgosstrakh
ATHEX – probing prospects for 910 units
Investors are looking to DBRS, which will announce its estimates for the Greek economy
Mitsotakis to El Pais – The climate crisis is no longer an abstract concept
Article by the Prime Minister in the Spanish newspaper on CO2 emissions into the atmosphere, the marine environment but also the actions of repairing the damages from natural disasters