EU Commission forecasts Greece's growth rate at 2.2% in 2024 and 2.3% in 2025
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."
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
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: European Commission
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