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The Greek Current
The Greek Current

Greece: 2022's unlikely economic winner

For the first time in a while, the economic party is happening in the Mediterranean, and Greece is leading the way ahead of Spain and Portugal. As The Economist looked into the best and worst economic performers of 2022, Greece found itself at the top of the list, with high growth, narrow inflation breadth, plunging debt-to-GDP ratio and an outperforming stock market. Prime Minister Mitsotakis tweeted about the results, saying the government’s efforts and reforms were making a real impact. Prianthi Roy joins Thanos Davelis to break down the numbers and explore whether this positive trend will persist in 2023.

Prianthi Roy is the Country Forecast Manager and Europe Analyst at Economist Intelligence (EIU). She oversees long-term forecasts and business environment rankings for 82 countries globally and leads country analysis for Europe, specifically the Nordic countries.

Read The Economist’s report here: 2022’s unlikely economic winners

You can read the articles we discuss on our podcast here:

Parties setting out electoral goals

Sweden, Finland must send up to 130 "terrorists" to Turkey for NATO bid, Erdogan says

Turkey pushes back vote on Sweden and Finland’s Nato accession

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Greece leads pushback against Turkey and Libya's farcical maritime "deal"

“Geography cannot be rewritten … and sovereign rights cannot be erased by drawing arbitrary lines on a map.” Those were Prime Minister Kyriakos Mitsotakis words at the UN Security Council this week, as he held up a map showing Turkey and Libya’s “illegal” and “arbitrary” maritime deal.This agreement is back in the headlines these days after Libya’s House of Representatives dropped its...

Is France the "new Greece" of Europe? Protests, rising debt, and the lessons from Greece's crisis

A weekend of widespread protests and riots in France has put the spotlight on the many challenges facing the country, from political paralysis to a looming debt crisis. Some pundits and observers are even asking if France, the Eurozone’s second largest economy, is the new Greece of Europe, an ode to Greece’s debt crisis in the 2010s. While this comparison misses the mark in many ways, Europe is...

Conflict in the Horn of Africa, the Turkey factor, and why it matters for Greece

This week we’re turning our attention to the Horn of Africa, where a long-simmering conflict in Ethiopia recently exploded into open war. The situation is grim, but it’s not limited to Africa’s second most populous nation. Eritrea has been pulled into the conflict, Sudan’s civil war is right next door, and on the other side of the Red Sea the Iran-backed Houthis in Yemen continue to strike the...