At a surplus of 2,954 million euros, the primary result on an adjusted cash basis was formed, against a target of a primary surplus of 2,133 million euros and a primary surplus of 3,079 million euros for the same period in 2023. According to the provisional data on the execution of the state budget, on … Read more
At the 9th Delphi Economic Forum, the Minister of Economy and Finance Kostis Hatzidakis, guest of Mr. Dimitrelis, director of capital.gr, spoke, stressing that “We will continue our serious and responsible fiscal policy”. Mr. Hatzidakis announced a total of 870 million euros in tax reliefs and reductions in 2025, which will result as follows: The … Read more
Giannis Stournaras sent a message of vigilance for the Greek Economy despite its positive performance, presenting today his annual Report as governor of the Bank of Greece during its General Assembly. As he specifically stated, “despite the continuous positive assessments of the Greek economy in recent years, the restoration of fiscal balance and the strengthening … Read more
Greece is now an attractive destination for investments, but the fact that the 45% of foreign direct investment was directed to the real estate market last year raises some concerns about the country’s ability to change its economic model, says Wolfgang Piccoli, co-president and Political Risk consultant at Teneo, in an interview with Vima. The … Read more
Before completing the first quarter of its life, the 21st century has already hosted some of the greatest crises in history. Crises that can only be compared to the Great Depression of 1929 and the “oil shock” of 1973-74. The bursting of the “dot com bubble” of 2000, followed by the Great Deleverage/Recession of 2007-2008, … Read more
“The possibility given through the TEKA to choose different investment tools, familiarization with the concept of risk and return, all these are important educational processes that our young people must gradually go through” said Prime Minister Kyriakos Mitsotakis at the event of the Ministry of Labor for the two years since the launch of the … Read more
In a world that often loses its compass, Greece currently appears as an island of stability, with its economy on an improving trajectory and businesses appearing, according to the annual survey “The Pulse of Business” by the BSE, modestly optimistic, while for the first time since 2017, the positive assessments of businesses on the country’s … Read more
With the aim of co-shaping the national strategy for fishing and aquaculture, which will make the specific sectors dominant pillars of the new economic and production model of the Greek economy, Lefteris Avgenakis announced in the morning the opening of the first joint conference on the fishing, aquaculture and fishing tourism organized by the Ministry … Read more
The ever-expanding international investment interest in Greek assets and values mobilizes the domestic business forces and forms an environment of rearrangements and restructurings in all branches of economic activity. And of course it does not leave unmoved the international schemes that invested at an unsuspected time in the still wintering Greek economy, when expectations were … Read more
Against 2,2% the actual increased GDP of Greece in 2023, instead of its original estimate 2,3%according to its winter forecasts European Commission. A strong recovery may have been recorded in 2022, but consumption growth slowed significantly but remained one of the main drivers of growth last year, Commission technocrats noted. “Despite tighter financing conditions, investment … Read more