The Greek economy’s strong and weak points

The Greek economy's growth rate as well as the increase in investments and exports are currently the country's strongest points, compared to the rest of the eurozone, as shown in the statistical tables of the Commission's spring forecasts, published on Wednesday.

On the contrary, the weak data, with performances that rank Greece among the last places and sound the alarm for the future, include the trade balance deficit, savings, and of course the public debt, as well as the demographics.

As the report also states, the economic recovery after the pandemic has been strong and the pace remains more than double the European Union average, with a forecast of 2.2% this year compared to 0.8% in the eurozone, which places Greece in the eighth highest position. It is, however, lower than the recent government forecast of the Stability Program for 2.5% and significantly lower...