Thursday, March 19

FM says Greece has moved beyond fiscal crisis and entered growth phase


In an interview with the Nikkei newspaper, referring to Greece’s higher growth rate compared with other European countries such as France, Economy and Finance Minister Kyriakos Pierrakakis emphasized that the recovery phase from the fiscal crisis is over.

He also stressed that Greece has now entered a phase of growth. Pierrakakis noted that fiscal consolidation is progressing steadily, predicting that the debt-to-GDP ratio will fall by 7.7 percentage points from 2025, reaching 138.2% in 2026.

He also highlighted the capacity to combat tax evasion through digital technology as a key factor behind the fiscal recovery. The minister expressed his intention to further promote digital transformation. 

 





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