Macro - Country Economic Forecasts - Greece

Macro - Country Economic Forecasts - Greece

Government investment grew by 7% y/y in nominal terms in Q2, broadly in line with our expectations, but is stalling around 3% of GDP. To fill the NextGenerationEU plans, it should increase to more than 6% of GDP by 2026. While the government plans are still being fulfilled, this highlights the risks related to the NextGenerationEU implementation.