IMF: Greece’s economy will grow by 6.5% in 2021

Greece’s economy is expected to grow 6.5% this year and 4.6% in 2022, the International Monetary Fund said Tuesday in its global economic outlook report.

The IMF expects inflation to reach 1.3% by the end of the year and fall to an average of 0.4% in 2022. The unemployment rate is projected to drop to 15.8% this year and to 14.6% in 2022 from 16.4% in 2020. and the current account deficit is expected to decline from 7.1% of GDP this year to 5.1% in 2022.

The fund has revised its estimate for the eurozone upward: growth rates will be 5% (from 4.6% in July) this year and 4.3% in 2022 (unchanged).

However, the Fund noted that its predictions were made in an environment of great uncertainty, and stressed that the top priority is to address imbalances in the global economy and, in particular, support the poorest countries, promote vaccinations and solve the debt problem of poor countries.

PS As it is interesting to think in the IMF, even if the inflation rate, which has already reached 1.9% according to official data, at least 15% according to unofficial data. …



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