Greece s GDP grew rapidly in 2023, and the new year continues to be favored by investors

Mondo Finance Updated on 2024-02-01

In the past year, Greece** has continued to deepen its economic reforms, and its achievements in controlling inflation, stabilizing prices, and ensuring employment are remarkable. Greece's economic performance in 2023 was ranked first among the 35 best performing developed countries in the global economy by the magazine, marking the second consecutive year that Greece has been ranked first.

Greece's GDP grew by 12%, which is significantly higher than the eurozone average. European Commission experts estimate that in 2024, the Greek economy will accelerate its development, with GDP growth reaching 22%,And the eurozone as a whole will grow by 09%, with an expected growth of 15%。

In terms of employment, jobs in Greece increased by 11%, which is outstanding, and some experts expect the Greek economy's excellent performance to continue as household consumption grows further, with the average unemployment rate expected to fall to 9 in 20246%, which is the lowest average since 2008. Greece** has skyrocketed by 438%, which is the best performance in the world. With the upgrade of Greece's credit rating by major financial rating agencies, the overall investment climate in Greece will also be boosted, opening the door to capital inflows from large** and investment companies from 2024. Some analysts estimate that this series of positive news will bring a multiplier effect to the Greek market. Greece in the fourth quarter of 2023,House prices in the suburbs of Piraeus are 25% higher than in the same period in 202260%, and house prices in the Piraeus metropolitan area are 23% higher than in the same period in 20222%,It has become the region with the highest house price increase in Greece.

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