Greece’s economic growth accelerated in the third quarter, increased by a robust tourism season, which saw a return near pre-pandemic levels as reported by Bloomberg, according to greekcitytimes.com.
Revenue from tourism in Greece in 2021 is expected to reach 60% to 70% of the level recorded in 2019, according to Prime Minister Kyriakos Mitsotakis.
The nation expects to make up for all the lost ground in 2022 and may even surpass it.
European authorities predict the Greek economy will grow 7.1% this year and 5.2% in 2022, a more positive outlook than the government’s own 2021 estimate of 6.9%. GDP should return to its pre-pandemic level by the end of next year, according to the government’s final budget for 2022.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
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