Greece’s Economy Stays Strong

Greece’s Economy Stays Strong

Politics

Greece's economy remains strong despite global headwinds, said OECD Secretary-General Mathias Cormann during a joint statement with Greek Finance Minister Kyriakos Pierrakakis in Paris on Wednesday, at the OECD's ministerial meetings, CE Report quotes Athens-Macedonian

Cormann noted that while U.S. tariffs on Europe may indirectly affect Greece through broader economic impacts, the country is in a much stronger position than in the past. Pierrakakis echoed this, highlighting Greece’s projected growth of over 2% in 2025 and 2026, driven by rising household income and surging investments.

Referring to the OECD’s latest Economic Outlook, Pierrakakis pointed out the positive signs for Greece, including declining inflation, primary budget surpluses, and strong economic prospects. He emphasized Greece's goal to lead Southeastern Europe in green and digital transitions.

In his OECD address, Pierrakakis urged the organization to accelerate economic and digital reforms. He presented Greece as a model of using technology not only for modernization but also to build a sustainable, resilient economy.

Tags

Related articles

Trump Ousts Musk, Threatens to Cut Subsidies
US President Donald Trump revealed he asked Elon Musk to leave his administration, accusing Musk of going "crazy" after Trump removed the electric vehicle (EV) mandate.
Erdogan: Russia-Ukraine Talks a ‘Historic Step’
Turkish President Recep Tayyip Erdogan called the latest Russia-Ukraine talks held in Istanbul a “historic step” toward ending the war, now in its fourth year.
Balkan Transport Corridor
A trilateral meeting was held Wednesday in Brussels between Greek Infrastructure Minister Christos Dimas, Bulgarian Deputy PM Grozdan Karadzhov, and Romanian Deputy Transport Minister Ionut Savoiu.
Greek Basketball Finals Back On
The Greek Basketball League finals will continue as planned, Deputy Sports Minister Yiannis Vroutsis confirmed on Wednesday.
Grosu Meets Moldovans in Netherlands
Moldovans living in the Netherlands are invited to a meeting with Parliament Speaker Igor Grosu on 5 June at the Moldovan Embassy. The event coincides with the opening of Moldova’s Honorary Consulate in Heiloo.
Greece, Egypt to Protect Monastery
Greek Foreign Minister George Gerapetritis met with his Egyptian counterpart Badr Abdelatty in Cairo on Wednesday to discuss the status of the historic Monastery of St. Catherine in Sinai.