In accordance with its statute, the Bank of Greece has submitted its annual Monetary Policy Report 2022-2023 to the Speaker of the Greek Parliament and the Cabinet, the BoG announced in a press release on Friday, ANA reports.
According to its projections, there will be an acceleration of recovery in Greece after 2023 and a gradual decline in inflation, with the economy projected to grow by 2.2% in 2023, 3% in 2024, and 2.7% in 2025.
The bank’s report noted the continued challenges as regards the goal of real convergence, given that Greece’s per capita GDP corresponds to about 55% of the per capita GDP of euro-area countries, compared with about 70% before the debt crisis.
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