recession

The chief of the European Stability Mechanism Klaus Regling challenged the perception that the bailout programs in Greece...

Despite recent praise and recognition of the Greek efforts, the Athens Stock Market saw losses worth 5.7% on Tuesday and...

The Greek Statistics Authority (ELSTAT) has published its provisional data for the quarterly national accounts and the second...

The Greek statistics authority ELSTAT published data today which show that the rate of recession during the first quarter of 2014 was 0.9%...

According to data published by Eurostat, Greece had the highest deflation rate in the European Union in April, when the consumer prices index...

Greek statistics authority ELSTAT announced today that the rate of recession during the first quarter of 2014 was 1.1% GDP, which is a significant improvement...

According to the latest Economic Outlook report published by the Organization for Economic Co-operation and Development (OECD) on Tuesday...

Recent financial developments, particularly with regards to the accumulative 25% reduction of the GDP over the past five years and the change in financial market indexes, suggest that the recession may be coming to an end. These sentiments are not unwarranted, as IOVE’s economic sentiment indicator among others, create the expectations of a recovery. Based […]

The Greek statistics authority ELSTAT published its latest data set today, according to which the rate of recession in the final trimester of 2013 was 3.7%, significantly less than what the troika had previously estimated. The rate of recession in the first trimester of 2013 was 5.5%, which dropped to 3.7% in the second trimester […]