AUGUST

Our View: Greece’s New Day

A new day has dawned for Greece. This month, the country formally exited its program of enhanced European oversight, marking the final and definitive milestone in the protracted financial crisis that beset Greece for more than a decade.

Greek economy enters new era on favorable growth, financial outlook

Greece’s economy is poised to enter a new era as growth rebounds strongly from the recent coronavirus pandemic, with robust public finances and a restructured banking system that has shaken off the legacy of the country’s protracted financial crisis.

Greek exports hit new high, on track for record year

Greek merchandise exports continue to surge − extending the country’s decade-long export boom − pointing to another record year in 2022 and underscoring the government’s efforts to boost trade and orient the economy towards international markets.

News in Brief - August 22

Greece sees strong rebound in summer tourism

Following two years of lockdowns, Greece’s tourism sector is witnessing a robust comeback, pointing to a record year that may surpass pre-pandemic levels.