Economy – Greece on the right track – Economy

Greek Prime Minister Kyriakos Mitsotakis sees his country on track to generate a primary surplus in 2023. The economy has proven to be robust in the corona pandemic, the head of government said. Public finances are sustainable. A primary surplus allows payment of interest and amortization on borrowed debt. The tourism sector is doing well, Mitsotakis added. The first calculations indicated that the country of the euro zone would exceed its budgetary target. The Greek economy made further progress to recover from the Corona crisis in the spring. Gross domestic product increased from April to June by 3.4% compared to the previous quarter. The European Commission in Brussels estimates that Greece will achieve 4.3% economic growth this year, after falling 8.2% in 2020.

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