Lower – in relation to the Commission – sees growth this year in Greece KEPE. Specifically provides enlargement of the GDP 2.2% versus 2.3% provided by the Commission in its spring estimates.
According to forecasts of the model of the Planning and Economic Research Center (KEPE) for the short -term prospects of the real gross domestic product (GDP), the average annual growth rate of real GDP for the total of 2025 is predicted at 2.2%.
This assessment is based on the available data until the first quarter of 2025 and therefore reflects the dynamics of the economy before the recent escalation of the geopolitical crisis in the Middle East, the evolution and impact of which are currently unpredictable. As the external environment is expected to remain unstable and volatile in the short -term horizon, it is clear that the risks surrounding forecasts for the Greek economy during the current year are downward, with domestic demand being called upon to provide critical support for its growth growth. Prospects for the development of international trade and geopolitical instability do not favor a more enhanced contribution on the part of exports.
In terms of private and public consumption, income developments and the least restrictive fiscal attitude have a positive effect on the rate of change in GDP, while an indefinite factor will be the effects on these sizes from the course of energy costs and its impact on inflation. In terms of fixed capital investments, a critical compensatory factor in increased uncertainty will be the expected increased disbursements by the recovery fund and the strengthening of public investment funds, while in a substantial boosting investment costs in the next period.