Themis Themistocleous (UBS): Positive momentum for Greek economy - What risks lie ahead

16:32 14/2/2022 - Πηγή: Ναυτεμπορική
UBS sees a positive momentum in the Greek economy, estimating growth at 8% for 2021 and 5% for 2022, thanks in part to the recovery of tourism but also the positive effect of the EU’s Recovery and Resilience Facility funds. In an interview with Naftemporiki, Themis Themistocleous, Head, EMEA Investment Office warns, however, that the risks from the impact of the pandemic and the energy price increases persist. UBS expects two interest rate hikes by the ECB this year, in September and December, with Mr. Themistocleous pointing out that the ending of PEPP will be even more important for Greece. He also explains what it would take for Greece to get to investment grade and how our country could attract more foreign investments.
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Keywords
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Themis Themistocleous UBS, Positive,Greek, - What