Study: Greek CEOs Optimistic About post-Covid Future

By admin 8 Οκτωβρίου 2021 No comment

Greek CEOs who participated in a recent KPMG survey appear to be optimistic about the day after Covid-19 with 82 percent expressing confidence in the country’s future potential for growth compared to 66 percent before the pandemic. The 7th CEO Outlook study carried out in July and August this year on 50 Greek executives active […]

Greece has Most Closed Economy in the EU, Says Fraser Institute Report

By admin 15 Σεπτεμβρίου 2021 No comment

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Athens, Greece. Photo Source: Visit Greece /Y Skoulas Greece ranks last among the 27 EU countries in the Economic Freedom of the World report that was recently released by the Frazer Institute, an independent Canadian public policy research and educational organization. The report, which was first launched in 1996, measures economic freedom—the ability of individuals

PM Revises Upward Greece’s 2021 Economic Growth Forecast to 5.9%

By admin 11 Σεπτεμβρίου 2021 No comment

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Greek Prime Minister Kyriakos Mitsotakis. Photo source: @PrimeMinisterGR Greece’s economic growth forecast for 2021 has been revised upwards, from 3.6 percent to 5.9 percent, Prime Minister Kyriakos Mitsotakis announced on Saturday. Prime Minister Kyriakos Mitsotakis on Saturday announced that Greece’s growth forecast for 2021 has been revised upwards, from 3.6 percent to

Minister: First Support Funds for Tourism Enterprises Next Month

By admin 26 Αυγούστου 2021 No comment

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Alternate Development & Investments Minister Yannis Tsakiris announced this week that the first funds to tourism enterprises seeking support will be released in the first days of September. “In the beginning of September, the first payments will be made to tourism companies that have submitted an application as part of a relevant NSRF program,” he […]

Greek Tourism Enterprises Stand to Gain from EU Recovery Funds in Three Ways

By admin 14 Ιουλίου 2021 No comment

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Loans that will support investment, a full-fledged tourism development strategy and tapping into parallel aid programs are the three ways the Greek tourism industry is set to benefit from EU recovery funds, said Alternate Finance Minister Theodore Skylakakis on Wednesday. Speaking during an event organized by the Tourism Ministry and the Hellenic Chamber of Hotels […]

Greek Carrier AEGEAN Suffers Q1 Losses Due to Covid

By admin 8 Ιουλίου 2021 No comment

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Greece’s national carrier AEGEAN said on Thursday that consolidated revenues in the first quarter (Q1) of the year dropped by 70 percent to 44.3 million euros against the same quarter in 2020. “Travel restrictions during the second lockdown which remained in force in 2021, have negatively impacted the group’s activity and financial results in the […]

Commission Revises Upward Greek Economy Growth Outlook for 2021-22

By admin 7 Ιουλίου 2021 No comment

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The Greek economy is expected to expand by 4.3 percent this year and 6 percent in 2022, according to the European Commission’s Summer 2021 Economic Forecast released on Wednesday. In its 2021 interim report, the Commission revised upward its outlook for Greece compared to May, when it forecast 4 percent growth in 2021 and the […]

Study: European CFOs See Post-Covid Recovery Ahead

By admin 14 Ιουνίου 2021 No comment

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Senior financial executives from across Europe, including Greece, are expressing increasing optimism that the Covid-19 pandemic is on its way out, expecting business activity to recover in the next 12 months, according to the Deloitte European CFO Survey Spring 2021. More specifically, 78 percent of Greek and 74 percent of European CFOs expect an increase […]

FinMin: OECD Greece Outlook Signals Trust in Greek Economy

By admin 1 Ιουνίου 2021 No comment

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Greek Finance Minister Christos Staikouras. Photo source: cstaikouras.gr/ The findings of a new Organization for Economic Cooperation and Development (OECD) report send out a message of trust in the prospects of the Greek economy, said Greek Finance Minister Christos Staikouras this week. Staikouras referred to the report which forecasts Greece’s GDP to grow by 3.8 […]

OECD Expects Gradual Recovery for Greek Economy in 2021

By admin 2 Δεκεμβρίου 2020 No comment

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Syntagma Square, Athens. Photo © GNTO/Y Skoulas The Greek economy is set to recover gradually next year and projected to accelerate in 2022, once the Covid-19 pandemic is better controlled and a vaccine is accessible, according to the Organization for Economic Cooperation and Development (OECD). More specifically, in its latest Economic Outlook report, the OECD […]