Macro - Country Economic Forecasts - Greece
We have cut our 2022 GDP growth forecast again, to 2.8% from 3% last month. This is a sharp slowdown from the 7.9% pace registered last year, reflecting the fallout from high numbers of Covid cases in early 2022 and more recently the war in Ukraine, which is weighing on eurozone and Greek growth and putting upward pressure on inflation. The general economic outlook remains subject to important downside risks.
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