The European Commission’s latest report confirms Greece’s ability to service its debt, noting strong economic growth and fiscal improvements. GDP growth surpassed the EU average in 2023, with further growth expected. Inflation and unemployment are set to decline, while the banking sector remains profitable. The government is advancing privatization and improving state-owned enterprises’ flexibility. Greece’s debt sustainability is considered low risk, supported by a substantial cash buffer and market access.
Tag: GDP growth
Greece’s economy is projected to grow by 2.3% in 2023, exceeding the average growth rate in the eurozone. Private consumption and investment will be the main drivers of growth, but increased investments may lead to higher imports. Economic headwinds such as slowing growth in Europe and global geopolitical issues could impact Greece’s output.
Greek Development and Investments Minister Adonis Georgiadis forecast that GDP growth in Greece will exceed…
Greece registered a slight increase in GDP growth at + 2.3% well below the EU…
