EC Spring Forecast: Greek GDP at 2.2 in 2024, 2.3% in 2025
Besides Greek GDP inflation is expected to drop by a substantial 2.4% in 2024, settling at 2.8% from 4.2% in 2023 with 2025 recording a further decline to 2.1%
Besides Greek GDP inflation is expected to drop by a substantial 2.4% in 2024, settling at 2.8% from 4.2% in 2023 with 2025 recording a further decline to 2.1%
Reuters reports that the Greek economy is forecast to expand by up to 3% in 2024, approaching its pre-crisis level of 2009 and far outpacing the eurozone average of 0.8%. This underscores that officials and investors predict 2024 could be the year that a rebound is finally complete.
The party referred to a media report published over the weekend, claiming that recordings of railway employees on the evening of a head-on collision between a freight train and a passenger train in central Greece had been edited.
Money from the Recovery Fund may be lost, especially on Crete
In its announcement, DBRS notes that the steady trend reflects its balanced view on the risks to the credit rating.
The unemployment rate in Greece dropped to 10.5% in the fourth quarter of 2023