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Electricity main driver for industrial production rise of 2.1% YoY in April
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CPI at 5.2% YoY in May as impact of Iran war spreads
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Despite slowdown to 5.2% YoY in Q1, property prices at all-time high
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Rising prices and energy pressures threaten to undermine 2026 outlook
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Fuels prompt sharp drop of 25.2% in April trade deficit
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Unemployment jumps to 10.6 pct in Q1 - highest in two years
Details of 2025 budget point to complex economic challenges ahead
The Finance Ministry tabled last Wednesday the final budget for 2025. As much as the headline numbers support the government narrative of stable growth and solid fiscal performance, the underlying numbers highlight the challenges for the coming years.
According to the latest estimates, the Greek economy is expected to grow by 2.2 pct this year, essentially unchanged from the 2.3 pct of last year and in 2025 it will also outperform eurozone peers, also with growth of 2.3 pct.
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