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Greek central bank boosts GDP growth forecast for 2023 The Bank of Greece (BoG) said the country's economy is expected to grow by 2.2 per cent in 2023, higher than previous projections. The 2023 state budget, passed in December last year, projected a 1.8 per cent increase in gross domestic product (GDP) growth for this year, reports Xinhua news agency. Despite successive crises, the Greek economy has shown remarkable resilience in recent years, BoG Governor Yannis Stournaras said while presenting his annual report on Friday. This is ...
Greek central bank boosts GDP growth forecast for 2023
Greek central bank boosts GDP growth forecast for 2023
Source: IANS
8/04/2023 2:43:05 PM
Miami Open: Tsitsipas wins opener to enter Round-4, Medvedev gets walkover After a week off due to a first-round bye and a victory by walkover in the second round, world no.3 Greek Stefanos Tsitsipas hit the court on Monday evening, defeating Chilean qualifier Cristian Garin in three sets, 6-3, 4-6, 6-4 to enter the fourth round of Miami Open. The Greek was playing for just the third time in the past month after he withdrew from Acapulco due to a shoulder injury and lost in the opening round in Indian Wells. He then received a first-round bye and a second-round w...
Miami Open: Tsitsipas wins opener to enter Round-4, Medvedev gets walkover
Miami Open: Tsitsipas wins opener to enter Round-4, Medvedev gets walkover
Source: IANS
28/03/2023 1:35:09 PM
Greek tourism sector forecast to reach 2019 record levels this yr Greece's tourism sector, a vital pillar of the country's economy, has been forecast to recover and reach the 2019 pre-pandemic record levels this year by local officials and industry experts. Revenues from tourism soared 342 per cent in the first three months of 2022 compared with the same period the previous year, Xinhua news agency quoted Tourism Minister Vassilis Kikilias as saying on Thursday. However, many businesses in this industry are struggling to find personnel to fill...
Greek tourism sector forecast to reach 2019 record levels this yr
Greek tourism sector forecast to reach 2019 record levels this yr
Source: IANS
27/05/2022 4:37:34 PM
Greek tourism sector forecast to reach 2019 record levels this year Greece's tourism sector, a vital pillar of the country's economy, has been forecast to recover and reach the 2019 pre-pandemic record levels this year by local officials and industry experts. Revenues from tourism soared 342 per cent in the first three months of 2022 compared with the same period the previous year, Xinhua news agency quoted Tourism Minister Vassilis Kikilias as saying on Thursday. However, many businesses in this industry are struggling to find personnel to fill...
Greek tourism sector forecast to reach 2019 record levels this year
Greek tourism sector forecast to reach 2019 record levels this year
Source: IANS
27/05/2022 9:54:24 AM
Greece unveils new package of economic measures Greek Prime Minister Kyriakos Mitsotakis unveiled a new package of measures to help households and businesses cope with the increased energy costs. "The new package of interventions will absorb 70-80 per cent of the hikes in the prices of electricity per kilowatt-hour (KWh) for our households, businesses and farmers," he said in a televised address to the nation. "I hope we will also be able to receive European funding in order to reduce the burden on the state budget. Ho...
Greece unveils new package of economic measures
Greece unveils new package of economic measures
Source: IANS
6/05/2022 3:43:53 PM
Greek parliament approved 2022 state budget The Greek Parliament has approved the 2022 state budget, which foresees strong economic growth for next year after 2021's overperformance. A year ago, the government had forecast 4.5 per cent growth for 2021, reports Xinhua news agency. Greece has registered a 9.3 per cent growth in the first nine months of 2021, one of the highest across the eurozone, Prime Minister Kyriakos Mitsotakis noted, addressing the parliament shortly before the budget was approved by 158 lawmakers in the 3...
Greek parliament approved 2022 state budget
Greek parliament approved 2022 state budget
Source: IANS
19/12/2021 1:43:45 PM
Greek economy contracts by 8.2% in 2020: Report The Greek economy contracted by 8.2 per cent on an annual basis in 2020, according to the first estimate the Hellenic Statistical Authority (ELSTAT) released. "The Greek economy was severely shaken, but withstood the conditions of unprecedented health, social and economic difficulties," commented Finance Minister Christos Staikouras on Friday in an e-mailed press statement, Xinhua news agency reported. The country's gross domestic product (GDP) amounted to 168.5 billion eu...
Greek economy contracts by 8.2% in 2020: Report
Greek economy contracts by 8.2% in 2020: Report
Source: IANS
6/03/2021 9:52:29 AM