EC tweaks forecasts, sees 2023 growth at 1.2 pct

EconomyMacroeconomy Tags: EC, GDP, RRF
Photo by EC - Audiovisual Service
Photo by EC - Audiovisual Service

The European Commission updated its estimates in the latest winter forecasts, essentially retaining the view it held in the autumn, seeing modest growth of 1.2 percent in 2023, after a rise of 5.5 percent in 2022.

In the autumn, the Commission expected the Greek economy to grow by 6 pct in 2022 and 1 pct this year, with the winter forecast noting that inflation had an effect on growth in the second half of 2022.

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