Bank of Greece Lowers Growth.

Reflecting the broader uncertainty in the Eurozone, the Bank of Greece officially trimmed its economic growth projection for 2026 to 1.9% (down from a previous estimate of 2.1%). The downward revision is attributed to the ongoing Middle East crisis and its impact on energy prices. Despite the slower growth, the European Central Bank (ECB) recently noted that Greece has successfully transitioned from "Grexit to Grecovery," with goods exports now rivaling tourism as a primary engine of the economy.

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