development

BofA: Raises bar for growth in Greece and Eurozone this year on strong tourism

BofA: Raises bar for growth in Greece and Eurozone this year on strong tourism

However, it downgraded its estimates for 2023 as it predicts that the Eurozone will enter a technical recession in the…

Despite the increase in spreads in the Ministry of Finance, they see a large reduction in debt

By Tasos Dasopoulos The estimate that inflation will jump this year to 8.5-9% on an annual basis does not only…

Pictet: Deep recession in the winter in the Eurozone with double-digit inflation – Triple the cost of energy

Her Eleftherias Kourtalis Pictet Wealth Management is revising its eurozone GDP forecast due to a further worsening of the energy…

Saudi Arabia’s economy is growing rapidly but this time it is not just focused on oil

The more than 300 apartments in Abdulsalam Almajed's new compound in Riyadh were sold in just one month for cash,…

Smiles at the Ministry of Finance from the public funds – Up to €4 billion for the cushion

By Tasos Dasopoulos About 3.2 billion euros is the "net" excess of regular tax revenues for the seven months January-July,…

Dutch economy grows 2.6% in second quarter despite surging inflation

Economic growth in the Netherlands jumped to a surprising 2.6 percent in the second quarter compared with the previous three…

China: Surprise rate cut after disappointing consumption and factory data

China's central bank cut key lending rates today in a surprise move to boost demand after data showed the country's…

Scope: Strong recovery, tourism and ECB TPI boost Greece’s outlook

Development dynamics, tourism dynamics, political stability and the European Central Bank's new tool, TPI, significantly help Greece's creditworthiness and strengthen…

What can bring the positive surprise to growth this year?

Of Tasos Dasopoulos Continuation of the good start made by the economy in the first quarter of the year, recording…

Wood: Greece is the growth champion this year even in an unfavorable scenario for energy – Spectacular performances in tourism and investments

Her Eleftherias Kourtalis Greece is expected to emerge as the growth champion this year, whether there are serious energy shortages…