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Greece still faces risks. Its mountain of debt has shrunk, but at 166 percent of the economy, it’s among the world’s highest. The country’s banks still hold a pile of nonperforming loans ...
Before acceptance into the Eurozone in 2001, Greece’s economy was plagued by several problems. During the 1980s, the Greek government pursued expansionary fiscal and monetary policies.
So what does this mean for Greece's economy, which relies heavily on tourism? For more on this, we turn to Doug Lansky, a global tourism expert based in Sweden. Good morning.
Kyriakos Mitsotakis has a confession to make. “Sometimes I watch the footage from my speeches and I always look much taller than everyone else around,” the 6-ft. 1-in. Greek Prime Minister ...
If Greece can implement the reforms in the program, we project growth returning in the latter half of next year or early in 2012. This depends, of course, on there being a positive economic ...
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Greek economy boosted by €5 billion inflow following S&P’s credit rating upgrade - MSNIn a major financial boost for Greece, the country has witnessed a substantial inflow of €5 billion into its shares and bonds following a recent upgrade in its credit rating outlook. This surge ...
Greece’s economy is expected to grow by 2.1% in 2019, even as other European economies slip into recession. The country recorded positive manufacturing activity in September, ...
The Greek economy is expected to grow 2% this year and 2.4% next year, after shrinking for eight out of the past 10 years. Public debt is forecast to peak this year at over 188% of GDP before ...
The deep economic problems in Greece, Spain, Portugal, and Ireland constitute a serious risk to the European banking system (Figure 4 and 5).
The numbers are staggering. It’s not just that Greece’s economy shrank 26 percent in per capita terms between the middle of 2007 and the start of 2014.
Greece will go to the polls this Sunday with Prime Minister Kyriakos Mitsotakis and his center-right New Democracy party fighting to hold the center of Greek and European politics as tensions ...
Greece’s economy continued to expand in the second quarter of the year, keeping the country on course for growth in 2017 after years of recession.
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