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Greek economy grew 2.3 pct in third quarter

The Greek economy grew by 2.3 pct in the third quarter of 2019 compared with the same period in 2018, while Greek GDP grew 0.6 pct compared with the second quarter of 2019, the Hellenic Statistical Authority said in provisional figures released on Thursday.

  • Published in Greece

Fiscal Council: Greek economy has positive dynamism

The Greek economy has gained a positive dynamism with economic activity growing combined with the implementation of "prudent" fiscal policies, Hellenic Fiscal Council said in its autumn report released on Tuesday.

  • Published in Economy

The Greek economy’s path towards the investment grade

Some analysts forecast Greece’s emergence from the “junk” status. The path for the Greek bonds to return to regularity and the so-called “investment grade” has already begun, as was evident by S&P Global’s upgrading of the country a few days ago, as well as from the upgrade of Greece’s prospects to “positive” by DBRS. Project “Hercules” created to tackle the banks’ read loans was seen by ratings agencies as an important and necessary step in the country’s effort to leave the chapter of the crisis behind.

  • Published in Greece
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