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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economy, following an expected 2.2 percent rise in 2019, assisted pent-up investment demand, lower... real growth slowing down to 1.2 percent by 2027, compared to the European Commission’s estimate range of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments
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Newsletter 426 - 07/06/2024
deficit. Annual growth in household spending was up by 2.2 pct, while gross fixed capital formation.... The economy this year will need to exceed this performance to secure the annual estimate. There is also a very ambitious estimate of investment growth in the Stability Programme that sees it rising by 9.1
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Newsletter 480 - 17/10/2025
published its second estimate for Greece’s annual GDP in 2024, including revisions for 2023 and 2022... in the previous March estimate. Growth for 2023 was confirmed at 2.1 percent, while the economy expanded..., and exports grew by 2.2 percent. Imports remained unchanged. In constant 2020 prices, real GDP
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Newsletter 496 - 27/02/2026
and 31.4% in its estimate, Metron records 21.4% and 29.4% respectively, and Interview shows 26.4% and 31.6... is fragile. Marc gives the party 10.7% in intention and 13% in its estimate, Metron shows 9.3% and 12.7... -this was mostly due to oil products. Excluding oil, exports actually rose by 2.2 percent, compared with 2.7
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MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammelast official estimate of 2.3 percent, but broadly in line with the institutions and other... in 2020 and to 2.2 percent in 2021. Investments and improved trade terms are seen as driving Greece’s... the optimistic nature of some of the elements in the estimates of private consumption, investment and the trade
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge
PoliticsForeign Policymemoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policycountries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomyby 1.4 percent in 2014 accelerating to 1.7 percent in 2015 and further to 2.2 percent in 2016. Gross... a downward revision by 1 percentage point since its previous estimate last November and reflects domestic..., according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday
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