Greece’s Economic Growth Outlook: Stronger than Eurozone Average
Greece’s economy is projected to grow above the Eurozone and EU averages, with GDP forecasts of 2.1% in 2024, 2.3% in 2025, and 2.2% in 2026, primarily driven by the Recovery and Resilience Plan. Inflation is expected to decline steadily to 1.9% by 2026. Despite an unemployment rate of 9.5%, job growth continues, particularly in construction and tourism. Public debt is projected to decrease from 153.1% of GDP in 2024 to 142.7% by 2026, supported by fiscal policy aimed at increasing revenue through digital compliance measures.