The Greek economy is projected to have the second highest growth rate in the EU in 2022, with a 6% increase in real GDP, according to the European Commission's summer economic forecasts released by the European Commission.
Specifically, the Commission forecasts a growth rate of 6.3% for Spain and 6% for Greece in 2022, compared to 4.5% for the euro area and the EU. Economic growth is also forecast at 6% for Latvia, followed by Croatia (5.9%), Malta (5.8%), Slovakia (5.3%), Poland (5.2%), Portugal and Ireland (5.1%).
Growth in 2022 is projected to be more moderate, albeit significant, for Finland (2.9%), the Netherlands and Luxembourg (3.3%) and Denmark (3.4%).
Growth is forecast to be close to the European average for Germany (4.6%), as well as for France and Italy (4.2%).
According to the Commission, real GDP is projected to return to its pre-crisis level in the last quarter of 2021 in both the EU and the euro area.