The positive trend is reflected by the high demand expectations of Greek hoteliers, according to the study, with the relevant index reaching its highest historical point in the January-February period
The rating agencies are keeping the banks at a distance from the rating of the State. The ECB's approval of a dividend distribution this summer, after 16 years, will pave the way for upgrades.
The inflation rate is seen easing to 4.3% in 2023 from 9.3% the previous year, and to decline further to 3.8% in 2024 and 2.3% in 2025, though food, non-energy industrial goods and services are expected to add to inflationary dynamics.
Speaking at a conference organized in Athens by The Economist and the British Hellenic Chamber of Commerce on “The Global Economy and Financial Services Gala Dinner: Manoeuvring through the current turmoil,” Stournaras expressed optimism on the deescalation of public debt and on the economy’s growth trajectory. If the Greek economy is threatened by something, that is overheating rather than recession, he told a panel. He added that this year the GDP would increase by about 2.3%, surpassing by a great margin growth rates of the Eurozone in its total.
