Greece’s economy is projected to grow by 2.1% this year, according to the country’s think-tank IOBE. Although this forecast has been revised down from the previous estimate of 2.4% in January, it is still higher than the government’s estimate of 2.9% growth for this year. Despite the downward revision, Greece’s economy is still expected to grow nearly 3% this year, approaching its pre-crisis size in 2009.
The key drivers of economic activity in Greece this year are expected to be tourism, investment, and private consumption. With these factors leading the way, Greece’s economy is on track for a solid performance in the near future. However, there may be challenges ahead that could impact the country’s economic performance.
Overall, while there are some concerns about potential obstacles that may arise in the future, the outlook for Greece’s economy remains positive with strong growth expected in the coming year. With continued efforts towards recovery and stability, Greece may be well on its way to achieving sustainable economic growth once again.