{“title”:”Greek Economic Outlook under New Democracy: Growth, Reforms, and Prospects”}

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When the New Democracy party secures victory in the upcoming elections, projections suggest a steady 3 percent annual expansion for the Greek economy. This forecast was outlined during a briefing led by government spokesman Akis Skertsos and was shared with the press by TASS. The message emphasizes that the ruling party’s plan holds the potential to lift growth and set Greece on a stronger trajectory over the medium term.

The program unveiled by Prime Minister Kyriakos Mitsotakis is framed as a blueprint for a more productive, socially inclusive, greener, and digitally advanced Greece. It envisions a future where the economy grows at a pace of 3 percent per year, a target that would outpace much of Europe and create a momentum that supporters argue benefits a broad cross-section of society.

According to Skertsos, by 2030 household incomes could rise by about a quarter, reflecting anticipated gains in pay, employment, and welfare programs. He also highlighted a path for public debt to fall below 130 percent by 2027 and projected a substantial increase in new farming activity, with tens of thousands of additional farmers entering the sector. These targets underscore a belief that reforms will translate into tangible financial improvements for families and rural communities.

Skertsos stressed that the measures the ND administration intends to implement are designed to address pressing national needs and to help resolve a range of ongoing challenges. He argued that the party has repeatedly demonstrated its willingness to stand with workers and enterprises alike, presenting policies that aim to balance growth with social support and business vitality.

In a broader international context, remarks from early May by Kristalina Georgieva, the head of the International Monetary Fund, warned that the current trend toward a highly globalized economy could fracture into competing blocs. Such a shift would pose risks for many nations, potentially disrupting global trade and investment patterns, and would require careful governance and resilience from economies worldwide.

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