Brussels sees growth at 2.2%

The European Commission calculates Greece's growth at 2.2% in its spring forecasts for this year and 2.3% for 2025, undercutting the projection of the Greek government. Brussels' forecast was below the estimate of the recent Stability Program for 2.5% and 2.6% respectively.

This rate for 2024 remains, of course, more than twice the average in the eurozone (0.8%) and in the European Union (1%), while it remains considerably higher for 2025 as well (1.4% in the eurozone and 1.6% in the EU). Also, the Commission's forecasts are more optimistic than those of the IMF - for a growth rate of 2% in 2024 and 1.9% in 2025.

Moreover, the Commission's forecasts for investments are considerably lower than the government's, as it expects them to increase by 6.7% this year and 8.4% in 2025, against the government's forecast for 9.1% and 14.4% respectively.

Nevertheless, in...