BoG: Growth rate to pick up in 2024-2025
According to BoG estimates, the full execution of the EU Recovery Plan will contribute to a significant increase of 7% in real GDP by 2026
According to BoG estimates, the full execution of the EU Recovery Plan will contribute to a significant increase of 7% in real GDP by 2026
Stournaras said tax evasion was more evident among self-employed and very small enterprises, but tax evasion was notable also in indirect taxation with Greece recording the fourth highest VAT gap in the EU, equal to 19.7% of total VAT (or 3.0 billion euros).
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.
Yannis Stournaras warns political parties not to jeopardize course back to investment grade