Economic
Bank of Greece cuts GDP forecast below 2 for 2026
The Bank of Greece revises its 2026 GDP growth forecast downward from 2.1% to 1.9%, flagging war impacts, high energy prices and international uncertainty as key risks.
The Bank of Greece has downgraded its GDP growth projection for 2026 to 1.9% from 2.1%, while also lowering the 2027 forecast to 2% from 2.1% and maintaining 2% for 2028. The central bank attributes the downward revision to the economic fallout from war, elevated energy costs, and broader international uncertainty. Greece’s economy continues to grow faster than the eurozone overall, driven by private consumption and investment, but downside risks include Middle East escalation, higher trade barriers, persistent inflation, and climate‑related shocks such as floods and droughts. These factors could materially weaken the growth trajectory if conditions worsen.
- Status
- active
- Location
- Greece
- Date added
- 2026-04-07 03:08 UTC
- Added by
- nikieuropeapdrmis
- Last updated
- Source published dsate/time
- Not provided
- Event date/time
- 2026-04-05
- Connected threats
-
- Not Available