Ongoing Tourism Recovery A Tailwind For Greek External Accounts
Country Risk / Greece / Wed 27 Dec, 2023
Key View
- We have revised upwards our forecasts for the Greek current account deficit from 3.6% of GDP to 4.2% in 2024 and 3.0% to 2.6% in 2025, following a projected 5.4% in 2023.
- The revision reflects our more optimistic outlook for the Greek tourism industry, while a recovery in the eurozone economy should allow for tentative