Brussels keeps growth forecast at 2.3%

The European Commission estimates in its winter forecasts that Greece will achieve the fourth highest growth rate in the eurozone and almost three times its average in 2024.

Brussels predicts a growth rate of 2.3% in Greece, unchanged from its fall forecasts, compared to 0.8% in the eurozone, for which it downwardly revised its forecast from 1.2% in the fall. Nevertheless, 2.3% is significantly lower than the 2.9% forecast by the government in the 2024 budget.

For 2023, the Commission's winter forecasts indicate a growth rate of 2.2%, lower than the previous, fall forecasts, but also the government estimate in the budget for 2.4%. And for 2025 the forecast is for 2.3% against a previous forecast of 2.2%.

Regarding inflation, the Commission estimates that it closed at 4.2% in 2023 (compared to 5.4% in the eurozone) and that this year it will fall to 2.7%,...