Macro - Country Economic Forecasts - Greece
Government investment grew by 7% y/y in nominal terms in Q2, broadly in line with our expectations, but is stalling around 3% of GDP. To fill the NextGenerationEU plans, it should increase to more than 6% of GDP by 2026. While the government plans are still being fulfilled, this highlights the risks related to the NextGenerationEU implementation.
Greece: Government investment still on trackForecast overviewRecent developmentsShort-term growth outlookKey drivers of our Short-term ForecastEconomic riskEconomic risk Evaluationrisk warningsWhat to watch out forExposure to Key global risksLong-term prospectsBackgroundEconomic developmentStructure of the economyBalance of payments and Structure of tradePolicyPolitics