Recovery of the Greek Economy
THE GREEK GROWTH AGENDA WILL BE SUPPORTED BY EUROPEAN
FUNDS (CONT'D)
Greece 2.0 is expected to support economic recovery over the coming years and close the output gap in the
longer term
Macroeconomic impact of Greece 2.0
Impact on GDP (% deviation from steady state)
8%
7%
6%
5%
146
4%
3%
2%
110
1%
0%
2021
Source: Bank of Greece
Funds & Structural reforms
2037
2039
2041
2043
1
2045
2047
2049
|| RECOVERY OF THE GREEK ECONOMY
Funds
According to the Bank of Greece, Greece 2.0 would lead to:
ā Increase real GDP by 7% by 2026
ā Create of 180,000 new jobs
By 2026, the positive economic impact would mainly be
derived from increased private investment financed
by loans
In the longer term, GDP and employment gains would
be made permanent, driven primarily by reforms and
higher productivity
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