Greece’s progress on key economic indicators was highlighted by Valdis Dombrovskis, pointing to the results of reforms and the significant improvement in areas such as public debt and unemployment.
In a statement to the Prime Minister, he underlined that the country has shown a “consistently positive track record” in implementing reforms and addressing chronic structural problems, stressing that the results are particularly encouraging.
As he said, Greek gross domestic product has increased by about 13.4 percent compared to 2018, recording remarkable growth momentum in recent years.
At the same time, he pointed to the significant de-escalation of public debt, which, he noted, has fallen by almost 43 percentage points of GDP compared to pre-pandemic levels.
On the employment front, he made particular reference to the decline in unemployment, which has fallen from 28 percent in mid-2013 to 8.4 percent at the end of last year.
“This is an impressive recovery on multiple levels,” he noted, attributing the progress to reform efforts and the overall improvement in Greece’s economic performance in recent years.