IMF: Greek economy to grow 2.5% in 2023 and 2% in 2024

by Fizzmeaway

6 comments
  1. >The IMF said it expected the country’s European Union-harmonized inflation rate to fall to 4.1% on average in 2023 and to 2.8% in 2024 (against 5.6% and 3.3% in the eurozone, respectively).

    >The unemployment rate in Greece is expected to fall to 10.8% of the workforce this year and to 9.3% in 2024 from 12.4% in 2021, while the country’s current account deficit is expected to fall to 6.9% of GDP this year and to 6% of GDP in 2024.

  2. The Greek state is aiming at 3% and mind you so far most of its predictions were pessimistic. We were supposed to have a 0.7% primary surplus and the latest data gave it to 1.1% with even better potential towards the end of the year being possible.

  3. That’s fairly decent in the current era of stagflation. Not to be sneezed at by any means.

  4. A fake, unproductive rate of “Growth” where the average citizen struggles to get by and gets poorer by the day.

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