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Greece’s Near-Term Economic Outlook Remains Favourable, according to the IMF.

Local Eye

Apr. 8, 2025

GREECE

Macro Political
• According to the IMF, Greece’s near term economic outlook remains favourable, establishing a solid foundation to address the remaining crisis legacies and structural imbalances necessary for achieving sustainable growth in the medium to long term. Furthermore, the IMF noted that real GDP has continued its robust expansion. Finally, while public debt to GDP remains high, it is on a downward trajectory.

Source: IMF

Markets:

• Metlen has entered into an exclusive partnership with KNDS France for the production of the French latest generation 8×8 Infantry Fighting armoured Vehicle, VBCI PHILOCTETES marking a significant milestone in European defence cooperation.
Source: ATHEX

CYPRUS

Macro Political
• President Nicos Christodoulides met with Chevron CEO Mike Wirth to discuss the utilization of the Aphrodite plot. According to government representative Konstantinos Letipiotis, President Christodoulides emphasized the importance of developing the energy resources in Aphrodite, noting that it is a top priority for the government of Cyprus. Chevron’s representatives, for their part, expressed strong interest in supporting the implementation of the country’s energy strategy. They also stated that Aphrodite is a very important part of Cyprus’s portfolio of activities.
Source: Stockwatch

 

 

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