Healthier tourist flows to Greece over the summer helped the Greek economy reclaim a significant part of Covid-19-induced losses, said the European Commission this week, forecasting overall real GDP to grow by 8.5 percent in 2021. In its European Economic Forecast Winter 2022, the Commission is also expecting the Greek economy to expand by 4.9 […]
Aiming to fortify the EU economy and at the same time protect and create jobs, the European Parliament approved this week the new InvestEU funding program. InvestEU will provide long-term funding towards recovery with a focus on investment and innovation. SMEs with viable business models contributing to long-term EU policy objectives are among the first […]
Economic forecast map. Source: European Commission The European Commission revised its outlook for the Greek economy on Tuesday, saying prospects for 2020 in the aftermath of Covid-19 were milder than initially expected. Greece GDP is set to contract by 9 percent this year compared to 9.75 percent as initially projected in the Commission’s previous forecast […]











