Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level

PoliticsGreek Politics Tags: Budget, CPI, ECB, European Union, GDP, Revenues, Tourism
Photo by MacroPolis
Photo by MacroPolis

As well as making a landmark foreign policy move over the weekend by deciding to supply Ukraine with arms following the Russian invasion, the Greek government has been mulling the economic impact of the war.

There are concerns in Athens that the Ukrainian crisis is going to cause a major setback to Greece’s economic recovery and the government’s hopes that 2022 would be the year that a number of economic hurdles would be overcome.

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