Deutsche Bank: Greek GDP growth at 2.3% this year; 1.6% in 2024

Deutsche Bank forecasts GDP growth in Greece at 2.3 percent this year, easing to 1.6 percent in 2024 amid a difficult European environment characterized by feeble growth in Germany, the Eurozone’s biggest economy.

Additionally, the banking multinational forecasts a 4.3-percent inflation rate for Greece this year, dropping to 2.5 percent in 2024. In terms of a current account deficit, Deutsche Bank projects a slow de-escalation, from 8 percent this year to 6 percent in 2024, along with a deficit of 2 percent of GDP and 1.3 percent, respectively, in 2023 and 2024.