World

IMF projects moderate growth for Greek economy

Apr 23, 2025

Athens [Greece], April 23: Greece's economy is expected to maintain moderate growth over the next two years, with the International Monetary Fund (IMF) forecasting gross domestic product (GDP) expansion of 2 percent in 2025 and 1.8 percent in 2026, according to local media reports on Tuesday.
In its latest World Economic Outlook report, the IMF also projects that inflation in Greece will continue to ease, falling to 2.4 percent in 2025 and further to 2.1 percent by 2026.
However, the country's current account deficit is forecast to remain high, reaching 6.5 percent of GDP in 2025 and 5.9 percent in 2026. Unemployment is expected to persist at relatively elevated levels, with the rate projected at 9.4 percent in 2025 and 9 percent the following year.
The IMF has revised down its growth forecast for the broader Eurozone. It now anticipates economic growth of 0.8 percent in 2025 and 1.2 percent in 2026, representing a downward revision of 0.2 percentage points from earlier estimates
Source: Xinhua News Agency

More news

"Enduring Heritage, Harmonious Asia-Pacific"

Shenzhen [China], November 5: On November 4, the opening ceremony of the special exhibition Contour of the Time: Classics, Heritage and Convergence, under the theme Enduring Heritage, Harmonious Asia-Pacific, took place in Shenzhen. Held under the guidance of China International Communications Group (CICG), the Publicity Department of the CPC Shenzhen Municipal Committee, the Shenzhen Federation of Literary and Art Circles, and Rongbaozhai Co., Ltd, this exhibition was jointly organized by CICG Asia-Pacific and Rongbaozhai Greater Bay Area. Attendees included Yu Yingfu, Vice President of CICG; Zhao Dong, Party Committee Secretary and Director of Rongbaozhai Co., Ltd.; Huang Limin, Deputy Director-General of the Publicity Department of the CPC Shenzhen Municipal Committee; and Jin Xiu, Second-Level Inspector of the Shenzhen Federation of Literary and Art Circles. The exhibition also drew over 100 representatives from Asia-Pacific countries, including those from the arts, academia, and media, as well as young people.

Nov 05, 2026