Greece's economy will grow by 2.2% in 2023, its central bank chief said on Friday, urging the country to stick to the path of reform and fiscal prudence as it enters a period of increased political uncertainty due to elections.
, weeks before the conservative government's term ends. But the vote is unlikely to produce a clear winner, setting the stage for protracted political manoeuvring and a runoff vote.
"The biggest risk for Greece's economic prospects in a period of successive crises and increased uncertainty, would be a loss of credibility on the economic policy implemented, which was so hard to regain, and a return to the bad practices of the past," Stournaras said. His latest growth projection upwardly revises an earlier central bank estimate for economic expansion of 1.5% this year from 5.9% 2022, reflecting Greece's fiscal progress.
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