Greece’s economic recovery looks good on paper but that’s not whole picture - Cyprus Mail

Greece, once the epicentre of the eurozone debt crisis, has achieved a remarkable macroeconomic turnaround over the past five years. Following the global turmoil of the 2020 pandemic, the country transformed from the EU’s primary source of economic vulnerability into a resilient member state, defying the expectations of many skeptical analysts. However, while international markets recognise this fiscal stabilisation, a stark divergence remains between headline economic indicators and the domestic reality as experienced by ordinary citizens, who argue that the statistics do not reflect their daily challenges. On the macroeconomic front, Greece’s recovery since 2020 is built on three achievements.