UBS ‘Bullish’ on Greek Economy

Swiss-based multinational investment bank UBS is “bullish” on the Greek economy, expecting it will have a robust performance in 2024-2026 based on the country’s fundamentals.

Swiss bank UBS expects a surprising development for the Greek economy in 2023, increasing its forecast for the GDP growth rate to 3% this year (from 2.5% previously) at a time when the average estimate of economists of international organizations and of analysts ranges at a meager 0.6% (against 1.2% by the commission).