Newsletter September,2022,09


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Our View: Staying the Course

By Marinos Giannopoulos
CEO, Enterprise Greece

Greece’s economy is growing faster than expected. The latest data show that Greek GDP jumped 7.7% in the second quarter of the year

For the past three years, the country has outperformed expectations and the economy is now bigger than it was before the onset of the coronavirus pandemic. And there are hints that GDP is accelerating further.

To be sure, challenges loom: not just for Greece, but for all of Europe as it faces the prospects of heightened inflation, energy shortages and weakening economic activity. A difficult autumn and winter lie ahead.

For Greece, the answer lies in staying the course: continuing with coherent and stable policies that will guarantee the Greek economy remains on its path of development, fiscal responsibility and outward orientation. This month, the government announced 21 initiatives totaling €5.5 billion to help individuals and businesses cope with the challenges ahead.

Greece continues to grow and to invest in its people and its long-term prosperity.