The recovery for 2021 will exceed the 7.9% prediction of the Centre of Planning and Economic Research, said the Minister of Development and Investments, Mr. Adonis Georgiadis, at today’s event organized by the aforementioned centre for the presentation of the 3rd Annual Report of the National Productivity Council in Greece.
According to a relevant announcement of the Centre of Planning and Economic Research, the Minister of Development and Investments, firstly, clarified that in 2021 we should not talk about growth but about recovery from the strong shock of the COVID-19 pandemic. He stressed the findings of the report, emphasizing the low competitiveness and productivity of our country in relation to other eurozone countries.
In this context, he compared our country with other countries in the South Europe (Portugal and Spain), saying that, unlike Greece, these countries have taken significant steps to improve their productivity and competitiveness. He clarified that changing the productive structure of our economy is a long-term process that requires good planning and reforms.
In this direction, as he said, the assistance of the Centre of Planning and Economic Research and of the productivity council is necessary for the identification and prioritization of the intervention points for the change of the productive model of the Greek economy. Regarding the economy, he spoke of an unprecedented boom in fixed capital investment of 21.7%, much of which will come from the recovery and resilience Fund. Finally, he finished his speech by saying that the recovery for 2021 will exceed the 7.9% prediction of the Centre of Planning and Economic Research.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
