Greece's economy is on track to beat the Eurozone average for three consecutive years, according to ING Group, the Dutch multinational bank.
ING projects Greek GDP growth at 1.6% in both 2026 and 2027, rising to 1.7% in 2028. The Eurozone as a whole is forecast to grow just 0.3% this year, averaging 1.2% in 2027 and 2028, meaning Greece outpaces the bloc by a wide margin across all three years.
The Greek economy already posted 2% growth in the first quarter of 2026, though rising energy costs and Middle East tensions have pushed annual forecasts slightly lower than earlier projections.
On inflation, ING estimates Greece will see prices rise 4.2% this year before cooling to 2.9% in 2027. The Eurozone average is forecast at 3.3% and 2.4% for the same periods.
ING's Global Head of Macro, Carsten Brzeski, noted the European Central Bank has already moved to raise rates by 0.25% to guard against stagflation risk, with a second round of hikes possible as early as July or September. The bank warns the ECB may ultimately push rates higher even at the risk of triggering a recession, depending on how bond markets and government fiscal restraint play out.
For Greece, the forecasts suggest continued relative strength even as broader European economic conditions stay under pressure.
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Greece's economy is on track to beat the Eurozone average for three consecutive years, according to ING Group, the Dutch...
Written on 06/15/2026