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Greek News

Fitch: Greece to see fastest annual GDP growth in 40 years

Fitch Solutions forecasts real GDP growth of 6.3% in 2021 for Greece (revised upwards of 6.0%), the fastest annual expansion of the economy in the last four decades, after shrinking by 8.2% in 2020.

The easing of restrictions on domestic activity and international travel will allow the consumption and export of tourism-related services to recover in the short term. Meanwhile, it expects improved external conditions to support profits in exports of goods.

 

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