ATHENS (Reuters) -The Greek government expects economic growth of 2.4% next year, outperforming Europe's major economies, thanks to higher investment and robust consumer spending, according to the
Greece forecasts economy to grow at faster pace in 2026
Greece's Economic Outlook for 2026
ATHENS (Reuters) -The Greek government expects economic growth of 2.4% next year, outperforming Europe's major economies, thanks to higher investment and robust consumer spending, according to the country's 2026 draft budget cited by the fiscal council on Monday.
Factors Driving Growth
Greece's fiscal council is an independent body that evaluates the country's macroeconomic and budgetary forecasts. The government is expected to submit its 2026 draft budget to the parliament later on Monday.
Revised Growth Estimates
Greece, which has been recovering from a debt crisis that nearly saw the country drop out of the euro zone in 2015, projects a primary surplus of 2.8% due to higher tax revenues and lower unemployment, the fiscal council said.
The government trimmed its previous estimate for 2025 growth of 2.3% to 2.2% due to a stagnating European economy, a key source of investment and tourism for Greece, and the effects of the Trump administration's new tariff policy in the United States.
(Reporting by Lefteris Papadimas; Editing by Kirsten Donovan and Gareth Jones)
