The IMF proposes ambitious structural reforms in order to maintain strong growth, to ensure fiscal viability and to protect financial stability.

More specifically, In the IMF report It is emphasized that maintaining primary surpluses of more than 2% of GDP in medium -term horizon will further enhance debt sustainability and create stocks against future crisis.

According to the Fund, the short -term prospects of the Greek economy remain favorable, creating a steady basis for tackling the “recessions of the crisis and structural imbalances” required to achieve sustainable development in the medium term until long -term “.

For 2025, the IMF predicts that Greek GDP will increase 2.1% and investments will continue to be a key driver of growth, with the support of projects funded by the Next Generation EU, while increasing private consumption will remain stable, supported by favorable growth and growth.

With the stabilization of global energy prices, general inflation is expected to continue its decline, while structural inflation (ed: not including energy and food prices) will be more persistent due to increases in services and wages, according to the IMF.

For the reason for public debt to GDP, the report states that it is on a steady downward trend, although it is still high.

The banking system has further enhanced its resilience, backed by the reinforcement of its balance sheet. “The quality of assets in systemically important banks has been further improved, with the non -performing loan index decreased to about 3%. Banks have maintained high profits, which together with capital media issues have boosted their capital adequacy. The dangers of liquidity and funding have declined significantly, with security stocks much higher than the supervisory requirements and the EU average, “it said.

“The remaining residues of the crisis and the structural challenges arising from the even low level of overall investment, adverse demographic perspectives, hypotensive growth growth and increasing climate risks, are burdening the medium -term growth prospects,” the fund said, the fund said, ” Reforms could further improve growth prospects.

IMF executives praised strong progress in fiscal consolidation, which is due to strong revenue, partly due to recent reforms to reduce tax evasion. They agreed that maintaining primary surpluses of more than 2% of GDP in the medium term would further enhance debt sustainability and create security reserves against future shocks.

Noting the important investment needs, including, including Green Transition and Energy Security, the IMF directors recommended “prioritize public investment to help achieve sustainable development, while improving the effectiveness of social spending and limiting their costs”.

Managers emphasized recent progress for structural reforms and stressed the importance of further efforts to tackle structural barriers on the part of the supply and to stimulate the potential growth rate. They emphasized that the increase in participation in the workforce, especially women, and the cultivation of a better trained workforce would enhance growth prospects. “They agreed that the reduction of regulatory weight and obstacles for business entry, especially in the service sector, would enhance competition and increase productivity.”

A broad progress in reforming the justice awarding system would help address the debt inherited by the crisis, ensuring financial stability and further enhancing the dynamism and productivity of businesses, they said.

Managers have recommended that today’s increased profits of banks should be used primarily to strengthen capital pillows and to absorb damage, thereby increasing their resilience.

K. Pierrakakis: The report confirms the positive dynamics of the Greek economy

The Minister of Finance, Kyriakos Pierrakakis, regarding the above, pointed out that: “In a period of international upheavals, the report recently published by the International Monetary Fund for Greece confirms the positive dynamics of the Greek economy, highlights the country to a stability factor and emphasizes constant progress“

In detail, the Minister’s statement is as follows:

“In a period of international reversals, the report, which recently published by the International Monetary Fund for Greece, confirms the positive dynamics of the Greek economy, highlights the country in a stability factor and stresses its constant progress.

In particular, the IMF records the significant financial progress that Greece has achieved and recognizes that its financial prospects remain favorable. With a key lever in investment, real GDP maintains its upward trend. The continuation of the decline in unemployment in the two-year period 2025-2026, coupled with the reduction in inflation and the boost of income, is expected to continue the rise of living standards.

Significant progress is also recorded in the reduction of non -performing loans, with a positive impact on the domestic banking system that is rapidly recovering and reinforced. The Fund recognizes the progress made in fiscal consolidation as a product of strong growth, tax evasion and reform of the state we have implemented in 2019. We will fully comply with our commitment to fiscal stability.

At the same time, the Fund’s analysis highlights areas in which there is room for further progress, such as increasing the participation in the labor market, investment and productivity. The government will continue to implement reforms that will improve our country’s performance in these critical areas. Overall, economic policy will move with speed and efficiency to achieve even more for the country, with the ultimate goal of steadily improving the standard of living of Greeks and Greeks through real convergence. “.

K. Hatzidakis: The progress of the Greek economy is recognized by its rigorous judge

“Greece has ceased to be the ‘black sheep’! The International Monetary Fund is added to the long list of international organizations that emphasize the significant progress of the Greek economy. This recognition is of particular added value: on the one hand it comes in an international turbulence environment and on the other no one forgets how strict judge for our country has been the IMF all the past decades – and especially during the financial crisis, “commented Kostis Hatzidakis:

“The International Monetary Fund praises the government’s prudent fiscal management. It notes the strong impact on the revenue of both the growth of the economy and our decisive initiatives to limit tax evasion. It recognizes progress in the banking sector, with the reduction of non -performing loans and banks recovering their well -being. It also stresses progress in promoting emblematic reforms. While at the same time predicts that the economy will continue to grow, with a basic tool in investment. And this will also have a positive reflection on the further restriction of public debt.

No one, of course, claims that we have solved all the problems. But we are determined to continue with the same recipe: with a neat policy on economics and promoting all the necessary reforms. To further reduce unemployment, with the most powerful participation in the labor market of women and young people. To increase investment and exports. And to achieve the great national goal of convergence with the average of the European Union. With this policy of seriousness and responsibility winners come out and continue to come out, the Greeks and the Greeks! “