Greece’s growth rate will reach 2.2% in 2024 and 2.3% in 2025, the European Commission said on Wednesday in its spring forecasts. Inflation (harmonized) is estimated to fall to 2.1% next year while debt will further decline, it added, ANA reports.
“Following a very strong post-pandemic recovery, in 2023, real GDP growth was still high at 2%. It remains well above Greece’s long-term growth potential and the euro area average. Economic activity was driven by private consumption, that benefited from rising real disposable incomes, by investment in construction, and by net exports, while inventories were a drag on growth.”
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