OECD forecast: Greek economy to grow 6.7% in 2021, 4.8% in 2022 and 2.9% in 2023

The Greek economy is expected to grow by 6.7% this year, by 4.8% in 2022 and by 2.9% in 2023, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday. In its semi-annual report on the global economic outlook, the Paris-based organization said that strong economic growth in Greece will be based on an improving business climate and a national recovery plan which will boost incomes and investments, while state support will continue – although limited – to support incomes and consumption in 2022, with the minimum wage rising by 2% from the start of 2022. 

The OECD said that the main risk is a deterioration of the pandemic which could lead to new travel restrictions and undermine tourism recovery.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

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