ATHENS – [ANA-MPA]
The prospects of the Greek economy and the critical role of funding to boost production were the focus of the board meeting of the Athens Chamber of Commerce & Industry (EBEA) on Wednesday, held in the presence of Bank of Greece (BoG) Governor Yiannis Stournaras.
According to a Chamber announcement, Stournaras said during his address that “the Greek economy continues to maintain its growth dynamic. The growth rate was 2% in the first nine months of 2025 compared to the same period in 2024, significantly higher than the average growth rate of the eurozone (1.5%).” The basic factors boosting this growth included private consumption and net exports, along with a contribution of investments, mostly attributed to higher fixed investments in both production equipment and facilities. “According to current forecasts by the BoG, the annual growth rate of GDP in 2025-2028 is expected to be set at 2.1%,” Stournaras reiterated.
The BoG governor noted the rise of the investment rate from 11% in 2019 to 17% in 2025, warning however that “the investment gap in Greece in relation to the eurozone remains significant, despite its marked shrinking in recent years, since investments in the eurozone remain consistent at nearly 21% of GDP.” He underlined that the further growth of investments “is decisive for the future of the economy,” especially the change of the development model, which should focus on innovation, higher productivity, extroversion, an effective management of climate change, and a facilitation of green transition.
“The interdependence among rapid economic growth, fiscal stability, strong credit expansion, an increase of investments, positive bank results, and careful management of all their risks, has brought marked positive results and benefited Greek national economy,” Greece’s central banker said. “Its continuity is a prerequisite to future benefits as well,” Stournaras added.
