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Tag Archives: 2021

Wine production in Greece up 8.13% in 2021

Greek wine production grew 8.13% in 2021 compared with the previous year, totaling 2,468,945 kilolitres, the National Agricultural Cooperative of Wine Products said in a report released on Tuesday. This figure was in full contrast with the first estimate sent to the European Commission in September 2021 which envisaged a …

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Greece’s budget revenue exceeded targets in 2021

The Greek state budget revenue exceeded targets in 2021, totaling 59.24 billion euros, up 2.1% from targets, while budget spending was down by 420 million euros compared with 2020, the finance ministry said on Monday. In a report on provisional budget execution data, the ministry said that tax revenue was …

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Greece’s public debt reaches €354billion in Q2 of 2021, says ELSTAT

Greece’s public debt reached 354 billion euros in the second quarter of 2021, the Greek Statistics Authority announced on Friday. According to ELSTAT, at the end of the first quarter of 2021 the debt amounted to 344.1 billion euros, while in the first quarter of 2020 it was 333.842 billion …

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Bank of Greece governor predicts GDP growth over 6% in 2021

Bank of Greece governor Yannis Stournaras appeared even more optimistic about the future of the Greek economy than the government in an interview with Politico on Tuesday. Stournaras estimated that GDP growth in 2021 will exceed 6 percent. In fact, he predicted that the country’s GDP at the end of …

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Prolonged Summer Sales in Greece July 5 – August 31

Summer sales in Greece start on Monday, July 5 and end on August 31, according to Development and Investment Ministry’s sources, media report on Friday. The shops in Athens have the option to remain open on Sunday, July 11 with the Athens retailers association proposing the opening hours 11:00-18:00. The …

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Greece’s unemployment rate reaches 17.1% in first quarter 2021

Greece’s unemployment rate in the first quarter of the year reached 17.1 percent, up from 16.2 percent in the previous quarter and in the same period last year, according to data from the Hellenic Statistical Authority (ELSTAT). In its latest quarter labor force survey, ELSTAT said the number of people …

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Greek Gov’t sees tourism traffic 2021 at 50% of 2019 levels

Greece expects tourist arrivals this year to reach half the levels seen in 2019, a government spokeswoman said on Friday, after the coronavirus pandemic led to the country’s worst tourism season in decades in 2020. Greece, which relies on tourism for a fifth of its economy, saw just 7 million …

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EU Commission sees Greece’s growth rates at 4.1% in 2021 and 6% in 2022

The European Commission revised its forecasts for Greek economic growth upwards on Wednesday, projecting growth rates of 4.1% in 2021 and 6% in 2022. In its report on spring economic forecasts, the EU’s executive body said that the coronavirus pandemic and all related restrictive measures led the Greek economy to …

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Greek economy to grow by 3.5%-4.0% this year, says Greek think tank IOBE

The Greek economy will grow by 3.5-4.0 percent this year, according to the base scenario of developments, the Foundation for Economic and Industrial Research (IOBE) said in report. The quarterly report, released on Tuesday, said that if the pandemic eased at a slower pace, hitting the tourist season, and if …

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Greece celebrates Independence Day 1821-2021 with impressive parade (video)

With an impressive military parade Greece celebrated the 200th anniversary of the start of the War of Independence against the Ottoman Empire in 1821. Troops of the Navy, the Air force and the Army marched and tanks rolled in front of state leaders and foreign dignitaries, military aircraft and helicopters …

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“Greece’s goal is to reach at least 50% of 2019 tourism levels,” says PM Mitsotakis

Prime Minister Kyriakos Mitsotakis expressed hope that the tourism season in 2021 “will be much better than last year”, in an interview with the German newspaper “Süddeutsche Zeitung” published on Thursday. “Our goal is to reach at least 50 pct of the 2019 levels,” he pointed out, expressing the belief …

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7:10 Greek women say they have been victim of sexual harassment or abuse

Seven out of ten Greek women have been victim of sexual harassment or abuse and the overwhelming majority believes that it is not easy for the victim to find justice, a nationwide survey has found. According to the survey conducted by Prorata between January 22-24 in a sample of 1,115 …

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Greek Police to procure specialized vehicles against pandemic, external threats

Several police equipment upgrades are coming in 2021, in response to both the coronavirus pandemic and external security threats, General Secretary for Public Order Konstantinos Tsouvalas said on Thursday. A budget of 23 million euros is to be spent. In 2020, a budget of 20 million euros helped purchase essential …

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