A new dive of public debt by 25 points below 130% of GDP in 2030 provides in a report on the Greek economy by the IMF with positive comments on both the growth rate and the fiscal situation of the Greek economy.

In particular, Greece’s short -term economic perspective remains favorable, with real GDP maintaining its dynamic growth, as reported today at a press conference by IMF mission for Greece, etc. Joong shik kangat the end of the Fund’s consultations with Greece on Article IV for 2025.

Public finances have further improved, with the debt index to GDP being on a steady downward trend, amid on the continued fiscal adjustment supported by significant progress in reducing tax evasion. Continuing reform dynamics will create a steady basis to tackle crisis residues and structural challenges arising from the growing but still low overall level of investment, adverse demographic perspectives and low productivity, refers to the IMF text given to the publicity.

On the front of the recommendations, the IMF proposes to expand the tax base and greater progress in taxation, attention to increases in pension and wages in the State, abolition of VAT exceptions and utilizing any budget space for debt reduction and increased critical social spending.

It also calls for acceleration on the judicial case.

Numbers for 2024: Inflation, Unemployment and GDP

As the IMF points out, the Economy maintained the dynamics of growth in 2024supported by strong domestic demand.

The real GDP increased by 2.3% (on an annual basis) during the first three quarters, reinforced by the strong boost of investment projects funded by the EU recovery fund and strong private consumption supported by the increase in real income.

The unemployment rate was reduced to 9.5% (seasonally adapted) in the third quarter of 2024, reaching historically low since 2009, while the percentage of vacancies increased, reflecting labor shortages in some areas, especially in construction, tourism services and high -specific sectors.

The percentage of participation in the workforce has also increased gradually, but it remains from the lowest in the EU, especially for women.

THE deflation It progresses at a gradual rate, with the total and core of inflation to 2.9% and 3.4% (on an annual basis) at the end of 2024, respectively, amid persistent inflation in services and wage growth.

Along with the strong economic activity, the credit expansion In the private sector, it accelerated to 9.4% (on an annual basis) in the fourth quarter of 2024, accompanied by a continuous increase in property prices.

OR high domestic demand for importswhich is fueled by investment, also contributed to the expansion of the current transaction deficit to estimated 6.9% of GDP in 2024, he also said.