Greek economy seen growing by 2.1% next year, rebound curbed by energy crisis - draft budget

Greek economy seen growing by 2.1% next year, rebound curbed by energy crisis - draft budget

From zawya.com

Greece's economy is projected to grow at a slower pace next year after a strong rebound this year thanks to tourism, as soaring energy costs and higher inflation are expected to curb domestic demand. Under the government's 2023 draft budget published on Monday, economic output is seen increasing by 2.1% next year from 5.3% this year. Next year, Greece is expected to achieve a 0.7% of gross domestic product primary surplus - which excludes debt servicing outlays - from a 1.7% budget deficit in 2022. The country's public debt, the highest in the euro zone, is seen dropping to 161.6% of GDP from 169.1% of GDP this year, ... (full story)

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