Greece’s finance ministry on Monday unveiled a forecast for GDP growth in the still pandemic-plagued country of 3.6 percent for 2021, significantly down from 4.6 percent cited in the budget for the year.
As expected, extension of pandemic-related restrictions – lockdowns – and their repercussions on the economy were cited as the primary reason for the revision, downwards.
According to a presentation by Finance Minister Christos Staikouras, before Cabinet members, GDP growth next year is forecast to reach 6.2 percent; 4.1 percent in 2023 and 4.4 percent in 2024.
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