Prime Minister Kyriakos Mitsotakis, accompanied by his wife Mareva Grabowski-Mitsotakis, attended a working lunch at noon attended by more than 40 CEOs and members of the Young Presidents’ Organization (YPO) of Southern California. YPO is an international business community featuring top CEOs of companies, up to 50 years old from around the world, while the […]
Tag: Greek Economy
Oxford Economics: The Greek economy is among the winners of 2022
Her Eleftherias Kourtali The expectation of a strong tourism recovery, combined with boosting activity in the services sector and support from the Recovery Fund, means that the economies of Southern Europe will generally perform better than the rest of the continent this year, Oxford Economics notes. Despite initial concerns about the effects of the Omicron […]
Al. Haritsis: Elections for the implementation of a program of progressive reorganization of the economy
“The government admits that it is unable to effectively activate the state mechanisms for controlling the prices of fuel and basic necessities,” said SYRIZA’s head of Development and Investment and Messinian MP Alexis Haritsis. “Recently, individual fines have been announced, but in essence the control mechanisms are under-functioning” he continued (“Radio Thessaloniki 94.5”). . “With […]
Eurogroup: Finally the enhanced supervision for Greece – In November the last installment of the bond profits
By Tasos Dasopoulos Greece received the indirect approval of the Eurozone Council of Finance Ministers today for the termination of the enhanced supervision regime and the completion of the last pending obligations in the obligations undertaken by the country until the autumn. In its joint statement, the Council of Finance Ministers approved in principle the […]
French Press: ‘Greek economy wakes up from a long nightmare’
Extensive tributes, with positive comments on the course of the Greek economy, are published today by the French magazines CHALLENGES and L EXPRESS. CHALLENGES publishes an extensive report by Alexia Kefalas entitled “Greece wakes up from a long nightmare”, where it is stated that, while the country has compensated the IMF, it has regained its […]
Deutsche Welle: The Greek economy is safe (for now)
Economic analysts told Reuters that the Greek economy does not seem to be in danger in the near future, even in an environment of rising interest rates. The era of “cheap money” is coming to an end as central banks, one after the other, raise interest rates in a bid to tame inflation. In fact, […]
Gentiloni: Commission to propose end to enhanced supervision of Greek economy today
“The European Commission will propose today the end of enhanced surveillance of the Greek economy,” said Economy Commissioner Paolo Gentiloni, attending the Eurogroup meeting in Luxembourg. “This is an important step for Greece,” Gentiloni said. “If our proposal is approved, as I think it will be, it will be an important step in the right […]
Eurobank: Which sectors contributed to the recovery of the Greek economy in the first quarter
As you know, one of the measures of total domestic economic activity is the Gross Domestic Product (GDP), ie the final product produced by domestic productive factors (labor and capital) in a specific period of time (eg quarter, year ). Based on the system of national accounts there are three approaches to measuring it. These […]
The ‘oracles’ of the investment houses, the turmoil of the international markets and the scenarios for the Stock Exchange and the Greek banks
Of Eleftheria Kourtali International markets appear to be assessing the prolongation of the war situation, rising inflation, the more aggressive tightening of monetary policy by central banks and the risk of stagnant inflation, with messages from international companies about the course of the shares being cautious. . This summer, anything but quiet is expected for […]
Eurobank: Carry-over and GDP in the first quarter will reduce the impact of inflation on growth
The Greek economy remained on an expansion trajectory for the 7th quarter in a row in the period January-March 2022, exceeding the pandemic losses in terms of quarterly real GDP by 3.0%, notes Eurobank in its weekly bulletin “7 Days Economy”. According to the bank, this happened despite the first phase of the energy crisis, […]