Favorable remain the short -term prospects of Greek economywith real GDP maintaining its strong growth, the International Monetary Fund says (IMF), in his report on Greece.
As the IMF notes, the increase in the real GDP of the Greek economy is projected to remain high at 2.1% in 2025. Investments will continue to be a key lever, supported by projects funded by the recovery fund, while the increase in private consumption will remain steady, supported by the benefit.
With the stabilization of global energy prices, inflation is expected to return to a downward trend, while structural inflation will be more persistent due to the inflation of services and wage increased.
As stated in the report, the banking system has further enhanced its resilience supported by the reinforcement of bank balance sheets. The quality of assets in systemically important banks has been further improved, with the index of non -performing loans falling to about 3%.
Banks maintained high profits, which, together with capital media issues, reinforced their capital adequacy. The risks of liquidity and funding have declined significantly, with their capital reserves well above preventive surveillance requirements and the EU average.
The risks in the prospects for growth are balanced, while the risks to inflation are upward, pointing out as a risk of slowing growth in large eurozone countries, deteriorating regional conflicts and the uncertainty of global policy.
The acceleration of ambitious structural reforms could further improve growth prospects, he says. At the same time, it warns that a stronger and more persistent than expected wage increase could further feed the inflation of services.
For the part, Finance Minister Kyriakos Pierrakakis said in a post: “In a period of international upheavals, the report that recently published the IMF for Greece confirms the positive dynamics of the Greek economy, highlights the country in a factor of stability and stresses its constant progress.
In particular, the IMF records the significant financial progress that Greece has achieved and recognizes that its financial prospects remain favorable. With a key lever in investment, real GDP maintains its upward trend.
The continuation of the decline in unemployment in the two-year period 2025-2026, coupled with the reduction in inflation and the boost of income, is expected to continue the rise of living standards. Significant progress is also recorded in the reduction of non -performing loans, with a positive impact on the domestic banking system that is rapidly recovering and reinforced. “
Hatzidakis for IMF report: The progress of the Greek economy is recognized by its most rigorous judge
The exhibition of the International Monetary Fund for our country was also mentioned by the Deputy Prime Minister, Kostis Hatzidakis, in a post on social media. “Greece has stopped being the ‘black sheep’! The IMF is added to the long list of international organizations that emphasize the significant progress of the Greek economy. This recognition is of particular added value: on the one hand it comes in an international turbulence environment, and on the other no one forgets how strict judge for our country has been the IMF all the past decades – and especially during the economic crisis, “Mr Hadjidis recalls.
In particular, he adds, “The International Monetary Fund praises the government’s prudent fiscal management. It notes the strong impact on the revenue of both the growth of the economy and our decisive initiatives to limit tax evasion. It recognizes progress in the banking sector, with the reduction of non -performing loans and banks recovering their well -being. It also stresses progress in promoting emblematic reforms. While at the same time predicts that the economy will continue to grow, with a basic tool in investment. And this will have a positive reflection on further public debt restriction, “he argues and concludes:
“No one claims, of course, that we have solved all the problems. But we are determined to continue with the same recipe: with a neat policy on economics and promoting all the necessary reforms. To further reduce unemployment, with the most powerful participation in the labor market of women and young people. To increase investment and exports. And to achieve the great national goal of convergence with the average of the European Union. With this policy of seriousness and responsibility winners come out and continue to come out, the Greeks and the Greeks! “