The year 2026, economically at least, is starting on an optimistic note for Greece, with Finance Minister Kyriakos Pierrakakis heading the Eurogroup, an informal convocation of finance ministers from the Eurozone.
His election to the post in December represented “the country’s transition from the years of bailouts and austerity to a position of credibility and influence”, Nick Malkoutzis, editor of economic analysis website MacroPolis, told BIRN.
The EU, the IMF and the Greek government all predict that Greece’s GDP will grow by an average of 2 per cent in 2026. This growth outlook “is credible, but far from guaranteed”, Malkoutzis cautioned.
The positive projections, he explained, rely on EU funds, tourism, and the absence of major external shocks. Growth could weaken if EU support fades, or external shocks emerge.
“So, the projections are reasonable…