Greek economy ‘improving despite successive crises’

Greek economy ‘improving despite successive crises’

Alternate Finance Minister Thodoros Skylakakis referred to the bright prospects of the Greek economy at an event for the National Recovery and Resilience Plan, Greece 2.0, held in Kozani: “In the coming years, Greece – and Western Macedonia – is sure to experience an economic and investment boom, as long as the current policy of reforms and fiscal stability continues,” he pointed out.

He underlined that despite the successive crises (pandemic, energy and Turkish threat), Greece has a lower public debt as a percentage of GDP than it had in 2019.

In addition, it has a higher growth rate than the European average, recording an improvement in all the efficiency indicators of the economy and has access to a huge amount of capital, which has started to flow into the economy, from the Recovery and Resilience Facility.

Regarding the National Recovery and Resilience Plan, Greece 2.0, he said that of the 60 billion euros that is expected to be leveraged, approximately €45 billion will concern private investments.

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