As part of the long-term fiscal plan to be submitted to the European Commission by the end of the month, Greece plans to reduce its growth forecast for 2026 to approximately 2%, down from 2.4%, due to inflationary pressures arising from the war in the Middle East, two Finance Ministry officials told Reuters on Tuesday.
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Reuters: What Finance Ministry official declared
Specifically, the new forecast will be incorporated into the medium-term fiscal plan to be submitted to the European Commission by the end of the month, according to the same sources. Based on the 2026 budget, the country’s growth was expected to reach 2.4%, while inflation was projected at 2.2%.
“Inflation will be higher than expected, due to increased energy prices as a result of the war in Iran,” one of the officials told Reuters.
