Greek FinMin points to economy’s resilience, after Commission forecast for 2023, 2024

Greek Finance Minister Christos Staikouras on Monday touted what he called the national economy’s “resilience”, speaking from Brussels and hours after the latest forecasts – issued the same day – by the EU Commission regarding growth in the Eurozone area and the Union as a whole.

On the sidelines of a summit of Eurozone FinMins, Staikouras directly cited the Commission’s forecast for Greek GDP growth in 2023 and 2024 above the European average, along with a de-escalation of inflation.

“This is due to the effective and generous measures taken by the government to support the disposable income of households, and to reduce costs burdening businesses… it’s also due to the historic record in terms of foreign investments (flowing into Greece) and exports last year…along with the front-loaded and significant exploitation of resources from the Resilience and Recovery Fund,” he said.