MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid

EconomyMacroeconomy Tags: Debt, GDP, MoF
Photo by MacroPolis
Photo by MacroPolis

The Finance Ministry submitted to Parliament the latest Medium-Term Fiscal Strategy (MTFS) for the 2022-2025 period, during which a strong economic and fiscal recovery is anticipated following the damage inflicted by the pandemic.

The MTFS also outlines the extent of the fiscal cost the pandemic had on the Greek budget, with a total of 33 billion euros of support committed in 2020 and 2021 - 17.4 billion and 15.6 billion euros respectively.

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