kathimerini.gr
Greek GDP Growth Slows to 1.7% in Q2 2025
Greece's GDP grew by 1.7% in the second quarter of 2025 compared to the same period in 2024, slowing from 2.2% growth in Q1 2025, primarily due to slower consumption and reduced exports amid international uncertainty.
- What were the main factors contributing to the slowdown in Greece's GDP growth in Q2 2025 compared to Q1 2025?
- Slower consumption growth and international uncertainty negatively impacting exports and inventories were the primary causes of the slowdown. The 1.7% growth in Q2 is lower than the 2.2% growth recorded in Q1, indicating a considerable decrease in economic momentum.
- What are the prospects for Greece's economic growth in the remainder of 2025, considering the current trends and government policies?
- The achievement of the 2.3% growth target hinges on a substantial acceleration in the second half of 2025. While increased investments and service exports offer some optimism, the impact of international uncertainty on inventories and the need for a 15% increase in investments in the next two quarters remain significant challenges.
- How does Greece's Q2 2025 GDP growth compare to that of the EU and Eurozone, and what are the implications for the government's growth target?
- Greece's Q2 GDP growth of 1.7% slightly exceeded the EU's -1.6% and the Eurozone's 1.5%. However, this slower growth makes the government's 2.3% annual growth target challenging, requiring significantly faster growth in the second half of the year.
Cognitive Concepts
Framing Bias
The article presents a balanced overview of Greece's Q2 GDP growth, including both positive and negative aspects. The headline (if any) is not provided, preventing a full assessment of framing bias. However, the article fairly presents varying expert opinions from Eurobank, National Bank, and the Ministry of National Economy, alongside the official statistics. The presentation of both positive (increased investments and service exports) and negative (slower consumption and export growth) factors mitigates significant framing bias.
Language Bias
The language used is largely neutral and objective, relying on factual data and expert quotes. There is minimal use of loaded language or subjective descriptions. The use of terms like "slower growth" rather than "economic downturn" maintains objectivity.
Bias by Omission
While the article provides a comprehensive overview, potential omissions exist. The article doesn't explore potential impacts of specific government policies on GDP growth. Further, it lacks analysis of social indicators or their correlation to the GDP. The limited scope might be due to space constraints, rather than deliberate bias.
Sustainable Development Goals
The article highlights a 1.7% GDP growth in the second quarter, exceeding EU and Eurozone growth rates. Increased investments (6.5%) and service exports (driven by tourism) contributed positively to this growth, indicating progress towards sustainable economic growth and potentially improved job creation. While challenges remain, such as meeting the 8.4% investment target, the overall positive economic trend suggests progress towards SDG 8.