The Greek economy is expected to perform steadily, with a growth rate of 2% in 2025 and 2.1% in 2026, according to a new report by the European Bank for Reconstruction and Development (EBRD).
At the same time, the Bank sees acceleration in growth in several of its remaining areas of activity, but also increasing pressures from geopolitical tensions, US tariffs and increasing Chinese competition.
Geopolitical and trade pressures
The report, titled “Under pressure,” describes the EBRD economies as trapped in an environment of:
- persistent geopolitical tensions,
- increased US tariffs
- and higher competition from China in industrial goods markets.
China, which had less than 10% of global industrial goods exports in 2000, now accounts for 25%, surpassing the US and Germany together.
As the EBRD noted, this means that emerging European countries and Turkey are facing a very strong rival in the same products.
