The Greek Deal.com
GREEK ECONOMY
Revises Greek GDP Growth Downward, to 2.1% For 2024
For 2024, IOBE forecasts growth of 2.1% in constant prices, with uncertainty about the size of the risks arising from the international environment.
Primary surplus of 1.9% in 2023, against a target of 1.1%
Primary surplus of 1.9% of GDP in 2023 according to ELSTAT.
Greek public debt expected to reduce to 158.8% of GDP in 2024 - Primary surplus of 2.1%
The International Monetary Fund (IMF) forecasts a 10% reduction in public debt to 158.8% of GDP in its Fiscal Monitor report for Greece for 2024.
Greek economy was resilient in 2023
Alpha Bank notes that a healthier banking system has been instrumental in strengthening the financial stability.
The Greek economy is resilient – Warnings about non-performing loans and debts
The Greek economy proved resilient in the face of external shocks and expanded by 5.6% in 2022.
Greek economy will "climb" even higher in 2024
He stressed that the government will follow the same path in 2024 as well, combining fiscal stability with development policies and social sensitivity