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GreeceBusiness"European Commission's autumn forecasts confirm Greece's dynamic recovery"

“European Commission’s autumn forecasts confirm Greece’s dynamic recovery”

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“A short while ago, the European Commission published the autumn forecasts for the countries of the euro area and the EU in 2021, 2022 and 2023. For our country, the European Commission forecasts a growth rate of 7.1 pct in 2021 – which is the second highest growth rate in the eurozone – with an average of 5 pct and significantly increased from its summer forecasts,” government spokesperson Yiannis Economou said during a press briefing.

“For 2022, the growth rate of the Greek economy is projected to be 5.1 pct, significantly higher than the average, which is at 4.3 pct, and for 2023 it forecasts a growth rate of 3.6 pct, also higher in comparison to the European average, which will be at 2 .4 pct in the eurozone,” he added.

As he pointed out: “At the same time, the forecasts show that our country will have the lowest inflation rate in the eurozone while unemployment will continue to de-escalate. These forecasts confirm the dynamic recovery of the Greek economy, justify our reform policy and once again confirm that Greece is changing levels, with a policy that brings results and creates solid foundations of progress and prosperity for all Greeks.”

SOURCE: AMNA

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