"It is much more important that the Greeks continue to post a primary budget surplus and meet the EU's requirements," says Panagiotis Petrakis, emphasizing fiscal discipline.
"Fast-forward a decade and much has changed in the economic relations between these two EU members. Greece has turned things around and now expects real GDP to grow by 2% this year."
"Thanks to rising income in the tourism sector, Greece has also posted a high primary budget surplus in recent years, meaning it has been earning more than it has been spending."
"Despite Greece's improved outlook and tourism boom, there is no cause for complacency, especially with a debt-to-GDP ratio of just under 159% forecast for 2024."
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