Growth to return to Greece in second half 2016 – EU forecasts
The second half of 2016 will see an economic recovery and stabilisation of growth in Greece, according to the European Commission’s Autumn 2016 Economic Forecasts report.
Read moreThe second half of 2016 will see an economic recovery and stabilisation of growth in Greece, according to the European Commission’s Autumn 2016 Economic Forecasts report.
Read moreThe economic misery of the Eurozone doesn’t seem to have an end. According to a preliminary estimate by Eurostat, the EU’s statistical service, GDP growth in the 19 member state monetary zone during the second quarter of this year was as miser as ever. On top of that, inflation continues to oscillate around zero, while unemployment is always in the double digit region.
Read moreActual Individual Consumption (AIC) is a measure of material welfare of households. Across the Member States in 2014, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 51% of the European Union (EU) average in Bulgaria to 141% in Luxembourg.
Read moreThe country’s GDP increased by 1.6 pct, up from an initial estimate of 1.4 pct, according to the Hellenic Statistical Authority.
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