Greek Economy

Greek Economy News

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  Greece Isn’t Turning the Corner

  Judging from the markets and English- speaking news media this week, Greece’s damaged economy has finally turned the corner. I doubt it.

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  Samaras Seeks China Investment to Revive Battered Greek Economy

  Greek Prime Minister Antonis Samaras promised to give the “red-carpet treatment” to foreign investors as he visited China to help revive an economy that contracted for the 19th straight quarter.

• Greece Upgraded as Fitch Sees Progress From Economy to Deficit

  Greece won an upgrade by one level from Fitch Ratings, which cited the country’s progress in rebalancing the economy and bringing its deficits under control.

• ECB’s Provopoulos Says the Worst of Europe’s Debt Crisis Is Over

  European Central Bank Governing Council member George Provopoulos comments on the debt crisis, the ECB’s bond-buying plan, Cyprus and the Greek economy.

• Opap Shares Fall After Greece Accepts Revised Bid: Athens Mover

  Opap SA fell after Greece’s state asset sales fund accepted a revised offer from Emma Delta, the only group to submit a valid binding bid for a 33 percent stake in Europe’s largest listed gambling company.

• Greek Economy May Have Reached Trough, Nordea’s von Gerich Says

  Greece’s economic indicators signal its recession may have bottomed out amid a drop in yields and a surge in shares, Jan von Gerich at Nordea Bank AB said.

• Greek Economic Sentiment Rises to Highest Since 2009

  Greek economic sentiment improved in March to the highest since October 2009, when the disclosure of a budget blowout triggered what has become the euro-area financial crisis.

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  Greek Economy Returned to Growth in First Quarter Amid Push for EU Bailout

  The Greek economy returned to growth in the first quarter as calls intensify for a new European Union-led rescue to stave off a default.

• Greek Economy Needs Bank Deposits to Return, Stournaras Says

  Greece needs the return of bank deposits as much as the recapitalization of lenders to kick- start the economy, said Finance Minister Yannis Stournaras.

• Greek Economy to Shrink More Than Forecast, Group Says

  Greece’s economy will contract by more than forecast this year as rising unemployment and wage and pension cuts curb domestic demand, the Foundation for Economic and Industrial Research said.

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  Athens

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Greek Economy Videos

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