Economic Climate Index for Greece surpasses EC average since 2014 in imprassive rise

31 July 2019
172 Views

For the first time since 2014, the economic climate index in Greece surpassed that of the Eurozone average, as recorded in official Commission data in July 2019.

Following the victory by the conservative party, New Democracy (ND) in the July 7 national elections, expectations for the recovery of the Greek economy recorded a notable rise.
According to the European Climate Index published every month based on official European Commission data, in July 2019 Greece significantly exceeded the average of the corresponding euro area countries index, a feat achieved for the first time in 5 years.

Greece’s economic climate index climbed to 105.3% in July from 101% in June, as expectations for improved economic performance in trade, industry, services, and manufacturing grew substantially after the political change.
The positive shift in the economic climate index confirms that Greece is on the path of returning to normalcy after the SYRIZA government, and is projected to have a positive impact on drawing foreign investments in the country, provided the new government implements the reforms and program it announced.

You may be interested

Greece enters the markets with a 15-year bond
FINANCE
shares16 views
FINANCE
shares16 views

Greece enters the markets with a 15-year bond

makis - Jan 27, 2020

The Public Debt Management Agency has decided the issuance of a 15-year bond. According to an announcement by the Greek…

Skiathos has the best beaches in the world: Conde Nast Traveler readers Choice 2019
GREECE
shares77 views
GREECE
shares77 views

Skiathos has the best beaches in the world: Conde Nast Traveler readers Choice 2019

Panos - Jan 27, 2020

Greece was awarded the Readers’ Choice Awards 2019 by top travel magazine Conde Nast Traveler, with over 600,000 readers voting…

The world still in shock as NBA honours Kobe Bryant
GREECE
shares33 views
GREECE
shares33 views

The world still in shock as NBA honours Kobe Bryant

Panos - Jan 27, 2020

The world was devastated by the death of NBA legend Kobe Bryant when a helicopter crashed into hillside in Calabasas,…

Leave a Comment

Your email address will not be published.