Greece’s economy is expected to grow by 2.1% this year, according to the think-tank IOBE. This forecast is slightly lower than the previous estimate of 2.4% made in January. The government, however, had predicted a growth rate of about 2.9% for the year.
Despite this slight downward revision, the Greek economy is still performing well compared to the rest of the euro zone, where the average growth rate is only 0.8%. The country is on track to reach its pre-crisis size of 2009, with the economy expected to expand by nearly 3% this year.
Key drivers of economic activity in Greece include tourism, investment, and private consumption. These sectors are expected to contribute significantly to the country’s economic growth in the coming months.
Overall, despite some adjustments to growth forecasts, the Greek economy is showing positive signs of recovery and expansion. The future looks promising for Greece as it continues to build momentum and strengthen its economic outlook.