ELSTAT: GDP Growth at 2.3% in Q2 2024
Based on the available seasonally adjusted data, the Gross Domestic Product in terms of volume increased by 1.1% in Q2 2024, compared to Q1 2024
Based on the available seasonally adjusted data, the Gross Domestic Product in terms of volume increased by 1.1% in Q2 2024, compared to Q1 2024
Figure still higher than Eurozone average; jobless figure falls to 10.5% in 4Q 2023, according to Hellenic Statistics Authority (EL.STAT)
Speaking amid a now official campaign period, Staikouras forecast that economic growth this year will reach 2.3 percent, up from a previous 2-percent forecast
Strong performance of the Greek economy - What Hellenic Statistical Authority-ELSTAT data showed
The IMF cited a significant reduction in unemployment in the country in 2022, compared to 2021
Finance minister is "realistically optimistic" that Greece can, and will succeed
The head of the Bank of Greece acknowledged that banks are benefiting from the increase in interest rates
Why the country is no longer the focus of fears in the eurozone - What BNP Paribas analysis shows
The primary deficit in 2021 is expected to be 1.5% to 2% of GDP lower than estimated in the state budget, according to an analysis by Ethniki - It estimates that there will be a significant de-escalation of public debt to 183% of GDP in 2022
Inflation is projected to fluctuate at 3.1% this year and 1.1% in 2023
Sees low political risk - Which shares it recommends
Staikouras said the growth rate for the January-September period exceeded 9.3 percent and noted that the recovery was based on a significant spike in investments and net exports.
The Hellenic Statistical Authority (ELSTAT) data indicate a large increase in exports and in investments, as well
The speed of investment and reform will make the strengthening of the economy in an environmentally volatile environment dependent on ever-increasing energy costs
The major sources of uncertainty
The Governor of the Bank of Greece estimates that Greece will maintain high growth rates of 3.5% per year for the next 10 years
The positive quarterly performances come after five consecutive quarters of recession due to the Covid-19 pandemic.
Greek Finance Minister Christos Staikouras on Saturday confirmed that the government revising, upwards, its forecast for economic growth this year, speaking at “OT” pavilion at the Thessaloniki International Fair (TIF).
Beyond consumption, analysts said 30 percent of the 16.2-percent hike is due to higher exports, manufacturing and investments, especially in the construction secto
The financial staff keeps its cards closed, but a number of factors reflect the new dynamics that are developing
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