“GDP is slowing down, while investments have recorded a 3.2%decline,” the party’s financial sector said.
“ELSTAT’s data on GDP in the first quarter of 2025 confirm our concerns about the real situation of the Greek economy,” the financial sector said in a statement PASOK-Making Change.
In particular, it notes the following:
“GDP slows down, while investments – which are a key pillar of sustainable growth – recorded a 3.2% decrease annually, when the 2025 budget was projected to increase 8.4%.
The flexion in investment is not co -existent, as there is a decrease in most categories: infrastructure, homes, technological equipment, transport equipment. This negative image, in an environment of international uncertainty, rings a bell for the country’s competitiveness and productive base.
Delays in the implementation of the Public Investment Program and the old -fashioned recovery fund cost. The execution data of the RIP shows a lag of € 700 million against the target and € 1.2 billion compared to the corresponding 2024 period. Time counts for the recovery fund, while the government continues to operate with last -minute “patch” logic. Investment data is largely reflected the government’s failure to implement critical reforms in the markets and in the public sector with negative results for growth prospects in the coming years. At a time when the consequences of demographic deterioration are already noticeable, the implementation of public and private investment could greatly make any negative effects. “
PASOK then warns that “if this course continues, not only valuable growth resources will be lost, but forecasts for GDP will be overthrown especially as uncertainty in the international environment increases.”
The party’s competent sector emphasizes that “as much as a new productive model focusing on sustainable development, active industrial policy, the strengthening of small and medium -sized enterprises, the green and digital transition with social justice. A persuasive plan, in contrast to inactivity that condemns the country a centralized system of power, which is exhausted in beautifully exhibitions and wishes. “