Lately the forecast for the German economy looks increasingly ominous – the most recent ones, presented a few days ago in Berlin, estimate that growth will be limited to just 0.1% of GDP.

“Germans […] are on the losing side”comments FOCUS Online, as reported by Deutsche Welle. “The winners are the states that are often placed in the same sentence as sleaze and inflation: Italy, Spain and Greece. The so-called “zone of the South” has overtaken the largest economy of the EU.

particularly in the case of Greece, its analysts Deutsche Bank they write how “while he was many times on the brink of bankruptcy during the debt crisis in the 2010s, the country is now among the developing regions of Europe”. This is a “amazing financial comeback”which is largely based on tourism.

At the same time “The government of conservative Prime Minister Mitsotakis is following some sound policies, according to analysts. The latter point to the increase of the minimum wage from 650 to 780 euros, but also the reduction of taxes and social security contributions,” the German website continues.

“Government debts are decreasing. Although Greece is at the top of the relevant EU list, the trend shows, in contrast to many other European states, to move in a positive direction”.