Greece will see a 2.3% growth for 2023, while its GDP will grow 3% in 2024, 3% in 2025, and 2.1% in 2026, according to an assessment by the Finance Ministry, ANA reports.
The data was included in the 2023-2026 Stability Program submitted to the European Commission on Saturday. According to the data submitted:
– Inflation is expected to reach 4.5% in 2023 and drop to 2.4% in 2024 and to 2% in 2025 and 2026.
– Unemployment is expected to set at 11.8% in 2023 and to drop to 10.9% in 2024, to 10% in 2025, and to 9.8% in 2026.
– Investments are expected to rise by 13.2% in 2023, by 9.7% in 2024, by 10.7% in 2025, and by 7.2% in 2026. Key to increases in investments will be the Recovery and Resilience Fund and public investments reaching 17% of GDP in 2023, 1.9% of GDP in 2024, 1.8% of GDP in 2025, and 1.7% of GDP in 2026.
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