OECD Says Greek Economy To Grow By 2.2 Percent In 2019

Date: 21.11.2018 / By Nick Kampouris / / Comments (0)
The Greek flag in front of the Acropolis. Photo by AMNA.

Economic growth in Greece will exceed two percent in 2019 and 2020, the Organisation for Economic Cooperation and Development (OECD) stated in its Economic Outlook report, released on Wednesday.

The report notes that the GDP in Greece is projected to edge up to 2.2 percent in 2019, before moderating slightly in 2020. The large contribution that exports have made as a percentage of growth will decline, but it is projected that individual households will fare better economically than they have in recent years. Investment in the economy is projected to rise steadily, and continued implementation of the government’s reform program will support overall economic recovery. Unemployment, while still high, will continue to fall.

The Greek state budget is projected to reach the authorities’ medium-term surplus targets as the country’s fiscal policy is becoming healthier.

The debt relief and policy measures to which Greece and its European partners agreed will cap the country’s gross public financing needs, reintegrate Greece into the “European Semester” framework and establish regular policy monitoring. The Paris-based organisation also noted that there now are cash reserves which will serve as a buffer to provide security against external volatility, adding that the recovery is projected to continue.

Reviews & Comments ( has relaunched as the top Greek real estate and property website portal dedicated to Greece and Cyprus’ industry.’s members include top real estate agents, realtors, individual sellers, FSBO, sale by owners, architects, developers, construction companies, lawyers, notaries and others that advertise residential (house, home, land, apartments, flats, villas, land, parcels and commercial listings for those looking to buy, sell and rent across all of the Hellenic Republic. is like the MLS database portal that is advertised in the top Greek diaspora and international markets around the world to those looking to invest - including Australia, the United States, Canada, United Kingdom, Germany, France, Spain, France, Europe, South Africa, Russia and everywhere else. Most foreigners start their home search in popular destinations like Mykonos, Chania, Crete, Athens, Thessaloniki, Cyclades, Santorini, Rhodes, Corfu, Ios, Lefkada and many more cities, prefectures and regions in Greece. has been featured in most Greek news media outlets and in some of the leading international publications in newspapers, magazines, websites, online news portals, television and radio. Notable publications featuring and its founder, Georgios Stroumboulis include the Wall Street Journal, G1 Brasil, India Today, Barron’s, El Mundo, Naftemporiki, Kerdos, Isotimia, Vradyni, Elefterotypia, Elefteros Typos, Imerisia, Ta Nea, Ethnos, Neos Kosmos,,,,,, People Greece,, Radio Neo Show, Antenna ANT1 Satellite TV, MEGA TV, Makedonia TV, Channel 9 (Το Α και το Ω των ακινήτων). is the only real estate website to have produced its own reality TV show called Hellenic Home Hunting ( Created, produced and edited by George Stroumboulis’ media company, BouliBrand (, this TV show caused an international media storm for controversy during the unstable economy period in Greece. Visit for the latest property listings and start your search, register for an account to sell or simply browse our news. Stay connected with us on Facebook (, Twitter (, LinkedIn (, YouTube (, and Instagram ( Use the hashtag #GPE360 and #HellenicHomeHunting.

featured on the front page of

The Only TV Show Promoting
Greek Real Estate to the World!