Greece cuts growth forecast and sees inflation top 4%
Updated
Updated · Kathimerini English Edition · May 3
Greece cuts growth forecast and sees inflation top 4%
4 articles · Updated · Kathimerini English Edition · May 3
After nine weeks of Middle East war, economists now see 2026 growth at 1.5%-1.8%, near 1.7%, while inflation is put at 3.5%-5%.
Alpha Bank said growth will no longer start with 2, while the finance ministry cut its target to 2% from 2.4% in the budget.
Higher energy costs and weaker eurozone growth are the main transmission channels, though tourism resilience, fiscal space from primary surpluses and Recovery Fund investment offer buffers.
Is Greece's booming tourism masking an economic bubble set to burst by 2029?
Will billions in EU recovery funds build a new Greek economy or just delay another crisis?