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September 6, 2024 at 7:40 AM. By Lefteris Papadimas and Renee Maltezou. ATHENS (Reuters) - Greek Prime Minister Kyriakos Mitsotakis is expected to unveil plans on Saturday to increase pensions ...
The economy of Greece is the 54th largest in the world, with a nominal gross domestic product (GDP) of $250.276 billion per annum. [ 5 ] In terms of purchasing power parity, Greece is the world's 55th largest economy, at $430.125 billion per annum. [ 5 ] As of 2023, Greece is the sixteenth largest economy in the European Union and eleventh ...
a) The crisis of the two main parties, the center-right New Democracy (ND) and center-left PASOK. ND saw its share of the vote drop from an historical average of >40% to a record low of 19–33% in 2009–19. PASOK collapsed from 44% in 2009 to 13% in June 2012 and stabilized around 8% in the 2019 elections.
Yanis Varoufakis. Ioannis Georgiou " Yanis " Varoufakis (Greek: Ιωάννης Γεωργίου "Γιάνης" Βαρουφάκης, romanized: Ioánnis Georgíou "Giánis" Varoufákis, pronounced [ˈʝaniz varuˈfacis]; born 24 March 1961) [3][4] is a Greek economist and politician. Since 2018, he has been Secretary-General of Democracy in ...
Authorities expect economic output to increase by 5.6% in 2022, better than forecast in the draft budget due to stronger tourism revenues. UPDATE 1-Greek economy to grow by 1.8% in 2023, rebound ...
Greece's bailout creditors have rejected a call by the country's new government to ease strict budget targets that were agreed to after Athens received billions in rescue loans. Eurozone finance ...
The Greek government-debt crisis began in 2009 and, as of November 2017, was still ongoing. During this period, many changes had occurred in Greece. The income of many Greeks has declined, levels of unemployment have increased, elections and resignations of politicians have altered the country's political landscape radically, the Greek parliament has passed many austerity bills, and protests ...
Last year, a whopping 33 million tourists visited Greece—over thrice the country’s population. More tourism means a greater economic boost by propping up local business activities.