FAMAGUSTA GAZETTE – Greece’s economy is expected to grow by 2.3% in 2025 and 2.0% in 2026, the Bank of Greece said Thursday, reaffirming previous forecasts as it submitted its Monetary Policy Report to the Greek parliament and cabinet.
The report confirmed growth projections outlined in the 2025 state budget, which passed parliament seven months ago. The economy expanded by 2.2% in 2024.
Domestic consumption will continue to be the main driver of growth, with investment and exports also making positive contributions, the central bank said.
Praising Greece’s recovery following its 2009–2018 sovereign debt crisis, the bank highlighted the country’s resilience amid external shocks. But it also warned of mounting global economic risks.
“The global economy is set to slow further in 2025,” the report stated, citing heightened uncertainty linked to U.S. trade and economic policies, rising protectionism, and geopolitical tensions.
A weaker euro area, energy market volatility, and global instability could weigh on Greece’s outlook, the bank warned.
To safeguard growth, the bank urged continued fiscal discipline, faster structural reforms, and full use of available European Union funding.