kathimerini.gr
🌐 85% Global Worthiness
Greece Faces Macroeconomic Imbalances Amidst Real Estate Boom and High Deficit
The European Commission's latest report flags Greece's soaring real estate prices (13.8% in 2023), exceeding income growth by 20% since 2017, along with a persistent high current account deficit (6.2% of GDP) and high public debt (163.9% of GDP), despite improvements in some areas.
Greece Faces Macroeconomic Imbalances Amidst Real Estate Boom and High Deficit
The European Commission's latest report flags Greece's soaring real estate prices (13.8% in 2023), exceeding income growth by 20% since 2017, along with a persistent high current account deficit (6.2% of GDP) and high public debt (163.9% of GDP), despite improvements in some areas.
Progress
44% Bias Score
Reduced Inequality