Displaying items by tag: growth

Greek Finance Minister Christos Staikouras on Friday tabled the 2022 state budget to Parliament. The budget envisages a 6.9% growth in the country's GDP this year and a growth rate of 4.5% next year, with 2022 expected to be the year of return to normality. The budget also noted that the Greek economy will recover all of its 2020 losses with the real GDP at the end of 2022 exceeding that of the corresponding period in 2019 by 1.7%.

The state budget for 2021 essentially incorporates two years into one in the first quarter, Prime Minister Kyriakos Mitsotakis said on Tuesday in Parliament.

Bank of Greece (BoG) sees growth of 2.4 pct for 2020 and 2.5 pct for 2021, while this year the growth rate is expected to exceed 1.9 pct.