Economic
Bank of Greece Downgrades 2026 GDP Growth Forecast
Bank of Greece has revised its 2026 GDP growth forecast downward to 1.9% amid Middle East tensions and inflation concerns.
The Bank of Greece has lowered its 2026 GDP growth projection to 1.9%, down from 2.1%, citing impact from the Middle East conflict and elevated energy prices. The country is still expected to grow faster than the eurozone, driven by private consumption and investment, while net exports may slightly detract. Inflation is projected to stay elevated at around 3.1% in 2026 before gradually easing as energy prices normalize. Key downside risks include further escalation of regional hostilities, protectionism, persistent inflation, and climate shocks, which could dampen growth and financial stability.
- Status
- active
- Location
- Athens, Greece
- Date added
- 2026-03-22 22:44 UTC
- Last updated
- 2026-03-22 22:44 UTC
- Source
- Proto Thema English
- Connected threats
- Not provided