In his keynote address at the Société Générale conference in Paris, which was organized in collaboration with the Athens Stock Exchange (EXAE), Prime Minister's Economic Advisor Alexis Patelis mentioned Greece's progress over the last five years in several significant economic indicators.

At the conference, listed Greek companies had the opportunity to meet with some of the largest institutional portfolio investors, such as BNP, Generali, Millennium, Amundi, Lazard, Mirova, etc., who were briefed by Mr. Patelis and Mr. Kontopoulos (CEO of HHSE) on the performance and prospects of the Greek economy and the stock market, respectively. 

As Μr. Patelis noted, between Q4 2019 and Q2 2024, Greece recorded more than double the growth rate compared to the average of the Eurozone countries, while in the same period Greece recorded the largest decrease in the unemployment rate and the smallest cumulative increase in the consumer price index (i.e. the lowest cumulative inflation) among all EU countries. 

In addition, Patelis said, our country recorded the largest percentage increase in the volume of investment and the largest decrease in the ratio of public debt to GDP in the above period compared to the rest of the EU countries. He stressed that the growth of the Greek economy is not one-dimensional, as apart from the recovery of tourism this year to levels significantly higher than in 2019, our country recorded the largest percentage increase in its share of global exports of goods, as well as a 25% increase in its industrial production compared to 2019. 

All of the above positive results are complemented by the economic sentiment index, which remains consistently higher than the average for eurozone countries.

Following the recovery of the investment grade by our country, the objective remains to upgrade the stock market in developed markets. 

As Patelis stressed, the fact that the Greek economy is recording these good performances does not mean that we have reached where we want to be. In order to achieve the goal of convergence with the EU at all levels, and in particular in terms of wages and investment, Patelis noted that continued reforms are needed and presented the government's reform plan for the coming years.