EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF

EconomyMacroeconomy Tags: Debt, EC, GDP, Unemployment
Photo by EC - Audiovisual Service
Photo by EC - Audiovisual Service

The European Commission continued to revise upwards its estimates for Greek growth in 2021, moving up to 7.1 pct in the autumn forecasts released on Thursday, from 4.3 pct growth seen in the summer forecasts in July.

The Greek economy is seen growing by 5.2 pct in 2022 and 3.6 pct in 2023, thanks to increased public and private investments due to projects rolled out through the RRF resources, that will have a cumulative effect of 3.6 pct of 2019 GDP over the forecas...

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