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

31 July 2019
485 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

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths
GREECE
shares53 views
GREECE
shares53 views

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths

makis - Mar 05, 2021

Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,215, of which 15…

Great city routes to explore on foot in Athens
ART
shares58 views
ART
shares58 views

Great city routes to explore on foot in Athens

Panos - Mar 05, 2021

Athens reveals its best charms to those who put one foot in front of the other! Whether you’re looking to…

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis
DEFENCE
shares65 views
DEFENCE
shares65 views

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis

Panos - Mar 05, 2021

Turkey has invented a new “reconciliation,” after attempts to spread propaganda stories of “reconciliation” with Israel failed last year. In…

Leave a Comment

Your email address will not be published.