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Macro - Country Economic Forecasts - Greece

Publisher Oxford Economics
Published May 18, 2022
Length 9 Pages
SKU # OFE17190261

Description

Macro - Country Economic Forecasts - Greece

We have cut our 2022 GDP growth forecast again, to 2.8% from 3% last month. This is a sharp slowdown from the 7.9% pace registered last year, reflecting the fallout from high numbers of Covid cases in early 2022 and more recently the war in Ukraine, which is weighing on eurozone and Greek growth and putting upward pressure on inflation. The general economic outlook remains subject to important downside risks.

Table of Contents

9 Pages
Greece: Ukraine war hits GDP as 2022 growth forecast cut again
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics
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