The Greek gross home product (GPD) is predicted to develop by 2.3 % in 2025, in line with the draft finances submitted to parliament .
The finances introduced by Minister for Nationwide Financial system and Finance Kostis Hatzidakis additionally projected a 2.2 % GDP enhance for 2024.
“The Greek financial system is proving to be resilient in an unfavorable and unsure worldwide setting,” the finances famous.
As well as, the federal government debt-to-GDP ratio is predicted to say no, dropping to 147.5 % in 2025 from 154 % in 2024.
“It displays that, in Greece, fiscal prudence and development are harmoniously mixed,” the Ministry of Nationwide Financial system and Finance stated in an announcement.
As well as, key financial indicators additionally level to a constructive trajectory
Inflation, which reached 3.5 % in 2023, is projected to drop to 2.7 % in 2024 and additional right down to 2.1 % in 2025. Equally, the unemployment fee is foreseen to drop to 9.7 % in 2025 from 11.1 % in 2023 and 10.3 % in 2024.
Non-public investments have grown steadily, accounting for six.6 % of the full investments in 2023. The determine is predicted to climb to six.7 % and eight.4 % respectively in 2024 and 2025. ■
