IMF Staff Country Reports

Greece: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Greece

April 7, 2025

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International Monetary Fund. European Dept. "Greece: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Greece", IMF Staff Country Reports 2025, 085 (2025), accessed April 24, 2025, https://doi.org/10.5089/9798229004589.002

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Summary

Greece's near-term economic outlook remains favorable, establishing a solid foundation to address remaining crisis legacies and structural imbalances necessary for achieving sustainable growth in the medium to long term. Real GDP has continued its robust expansion, driven by public investment and structural reforms in the context of the Next Generation EU (NGEU), alongside steady growth of private consumption. The public debt-to-GDP ratio, while still high, is on a firm downward trajectory. However, remaining crisis legacies and structural challenges arising from the still low level of overall investment, an unfavorable demographic outlook, sluggish productivity growth, and increasing climate risks are weighing on medium-term growth prospects.

Subject: Expenditure, Gender, Gender inequality, Labor, Labor force participation, Public debt, Public investment spending

Keywords: Asset accounting training, Currency of Greece, Gender inequality, Global, Government payment process, Headline inflation, Labor force participation, Public investment spending, SDR million, Transparency policy

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