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Greek economy forecast revised downward

The European Commission plans to revise down its growth forecast for Greece this year, its Vice President Valdis Dombrovskis was quoted as saying to German newspaper Handelsblatt.

  • Published in Greece

Current account balance increases

The country's current account balance surplus showed an increase of 58% in the nine-month period from January to September 2014 compared to the same period last year.

  • Published in Economy

Economy to Return to Growth in 2014

The Greek economy is expected to shrink by -4.0% this year, from -6.4% in 2012 and to return to positive rates in 2014 (0.6%) rising to 2.9% in 2015, the European Commission said in its autumn forecasts report released in Brussels on Tuesday.

  • Published in Greece
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